Landscape Contractor / Design Build Maintain

JUL 2017

LC/DBM provides landscape contractors with Educational, Imaginative and Practical information about their business, their employees, their machines and their projects.

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38 Outdoor Living DBM LC Marketplace I n f o r m a t i o n R e q u e s t # 1 6 7 I n f o r m a t i o n R e q u e s t # 1 7 7 I n f o r m a t i o n R e q u e s t # 1 0 9 I n f o r m a t i o n R e q u e s t # 2 1 3 I n f o r m a t i o n R e q u e s t # 1 2 2 May marked the fourth straight month the Architecture Bill- ings Index was above 50; this time at 53.0, a rise of 2.1 points from April. Reports from mixed-practice firms resulted in a score of 55.8, making it the strongest component. Multifamily and nonresidential readings slipped a little but still remained north of 50. Additionally, the inquiries index rose to a healthy 62.4, design contracts advanced to 54.8, and the ABI's three- month moving average basis increased to 52.7 in May. Accord - ing to the American Institute of Architects and Wells Fargo Securities, "the overall trend points to moderate gains in total nominal private con - struction spending in the coming year." The ABI gauges the number of firms that report an increase in design services com - pared to the previ- ous month, on the order of five percent or more. The Architecture Billings Index Posts Another Gain

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