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136 sats \ 0 replies \ @quark 1 May \ on: March Architecture Billings Index indicates billings continue to slow econ
“Clients are increasingly cautious about starting projects due to uncertainty over future trends in interest rates and building materials costs, as well as the potential for an economic slowdown,”
I can't blame them. Totally understandable. Uncertainty is the worst enemy for markets and the economy. And high interest rates on top of that without a clear path? Not helpful. Let’s see employment numbers tomorrow. Could be the final signal for a recession.
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