Disappointing economic data for the architecture industry this morning: The latest AIA/Deltek Architecture Billings Index reports another noticeable drop to 43.2 in April, down from 44.1 in March. Any score below 50.0 signals a decline. Likewise, billings continued to slip, decreasing now in 28 out of the past 31 months. Scores for new project inquiries and the value of new design contracts reported ongoing declines as well.  Related explainer on Archinect: How to Understand Architecture Business Conditions Using the AIA's Architecture Billings Index"Uncertainty as to the economic outlook continues to hold back progress on new construction projects," AIA Chief Economist Kermit Baker commented on today's numbers. "Despite the slowdown in billing activity, architecture firms continue to navigate this business cycle quite effectively, as staffing at firms remains relatively stable and project backlogs are holding up better than expected." April ABI Highlights Regional averages: South ... #architecture #industry #saw #039accelerated #decrease