A little divergence from the normal Workers Compensation Insurance expense control. We all know we're in tough economic times but I found this news encouraging and thought I'd share it with you.
Construction Economic Outlook
Midwest First To See Growth in Architecture Billings Index
While the overall market continues to inch toward a positive change in architecture billings, the midwest sector crossed into that prized territory in March with a rating of 50.5, the first positive change in regional billings since June 2008. The overall Architecture Billings Index (ABI) of 46.1 is a modest improvement over February's 44.8, yet it represents the highest rating since August 2008, and all regions and industry segments experienced improvement in ABI for March. These are encouraging signs for those in the design and construction industries.
As a leading economic indicator of construction activity, the ABI reflects the approximate 9-to-12-month lag time between architecture billings and construction spending.