Index Shows Companies Are Building Again
January 05, 2011 at 17:44 PM EST
Looking for a reason to be bullish on construction materials and equipment stocks? Take a look at the Architecture Billings Index (ABI) published by the American Institute of Architects. The ABI registered a score of 52 in November, up over 6 percent from the October level of 48.7, the index’s highest reading since December 2007. [...]