Architecture and related professional services firms in July marked their 18th consecutive month of declining billings, but the drop slowed, according to new numbers released for the AIA/Deltek Architecture Billings Index. Last month's score of 48.2 rose slightly from the June figure of 46.4, a positive market sign, but the below-50 measure shows that more than half of respondents continue to navigate difficult AE sector business conditions.
Newly signed design contracts also decreased, the fourth consecutive fall for the index.
