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May 14, 2008

An unpleasant leading indicator

Architects' Billings Plummet to All-Time Low ("all time low" for the last 12 years, anyway)

The Architectural Billings Index (ABI), a key measure of the market for architectural services compiled by the American Institute of Architects (AIA), opened the year with a three-month skid, ending the first quarter at the lowest point in its 12-year history.

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