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WASHINGTON, DC-The Architecture Billings Index, a leading economic indicator for the construction industry, rose three points in October, after a sharp decline in September. The index, though, has toyed with the industry’s hopes before with such back and forth movements, the American Institute of Architects’ chief economist Kermit Baker tells GlobeSt.com. “We are just going to have to wait and see if this rise is a sustainable one or another blip,” Baker says.

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