#SmallBusinessAmerica: Architect Index soft. @GeneMarks @Guardian @PhillyInquirer
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 25 May 2024
⏱️ 15 minutes
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Summary
#SmallBusinessAmerica: Architect Index soft. @GeneMarks @Guardian @PhillyInquirer
https://live-aia-web.pantheonsite.io/resource-center/abi-april-2024-pace-billings-decline-architecture-firms-slows-slightly
1942 Armistice Day Lancaster PA
Transcript
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| 0:00.0 | This is CBSi and the world. I'm John Bachelor. The Business of America is small business and I welcome Jean Marks, the small business columnist, |
| 0:10.0 | Guardian newspaper, UK and US edition, |
| 0:12.6 | our hometown newspaper, the Philadelphia Inquirer, |
| 0:14.8 | other distinguished publications, |
| 0:16.6 | we go immediately to a metric that Jean has educated me |
| 0:20.9 | to understand is a measure of American confidence. It's the |
| 0:24.9 | architecture index and when it's rising there is good news ahead when it's not |
| 0:31.8 | rising. |
| 0:33.0 | Gina, a very good evening to you. |
| 0:34.9 | Soft is the term that the Wall Street likes to use for |
| 0:41.5 | indexes that are weaker than expected. |
| 0:44.8 | Does soft apply to the architecture index that you're flagging? |
| 0:48.7 | Good evening, Tewe. |
| 0:49.7 | Yeah, and yeah, it really does. |
| 0:51.4 | And yeah, I love that you love this index because I love the index too. |
| 0:54.7 | It's the American Institute of Architects. |
| 0:57.4 | For those of you that have had a head of the rock and I listen to us all these many years. |
| 1:01.9 | I'd like to track it every month. |
| 1:04.1 | The index itself, yeah, there's more bad news than good news, |
| 1:08.7 | but I'll give both sides of it. |
| 1:10.4 | I mean, the bad news is that it continues to track down it has been really in negative territory for quite |
| 1:18.3 | a while now like like releases throughout most of 2023 and now into five months of 2024. |
... |
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