flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
Currently Reading

6 must reads for the AEC industry today: October 6, 2020

Market Data

6 must reads for the AEC industry today: October 6, 2020

Construction rises 1.4% in August while nonresidential construction spending falls slightly.


By BD+C Editors | October 6, 2020


1. Construction spending rises 1.4% in August as residential boom outweighs private nonresidential decline and flat public categories (AGC) 
"Construction spending in August totaled $1.41 trillion at a seasonally adjusted annual rate, an increase of 1.4% from July’s upwardly revised total. Residential spending jumped by 3.7%, while private and public nonresidential spending inched down by a combined 0.1%."

2. Guides addressing fenestration anchorage updated (BD+C) 
"This is the first update to both documents:  AAMA 2501-20, “Voluntary Guide for Engineering Analysis of Anchorage Systems for Fenestration Products” and AAMA TIR-A14-20, “Fenestration Anchorage Guidelines.” The former was originally written in 2006; the latter was created in 2010."

3. Nonresidential construction spending falls slightly in August (ABC) 
"Of the 16 nonresidential subcategories, nine were down on a monthly basis. Private nonresidential spending decreased 0.3% from July, while public nonresidential construction spending was up 0.2%. Nonresidential construction spending is down 0.7% compared to August 2019."

4. 7 ProCONNECT events scheduled for 2021, including two new programs (BD+C) 
"Two new events, "Education" and "Sustainability | Health + Wellness | Resilience," to debut in 2021."

5. College town economies suffer as students avoid bars, football tailgating (WSJ)
"Postponed Virginia Tech games and virtual classes dashed hopes for fall rebound in Blacksburg."

6. America's 11 most endangered historic places - 2020 list (BD+C)
"Annually, this list spotlights important examples of our nation’s architectural and cultural heritage that, without applied action and immediate advocacy, will be destroyed or face irreparable damage."

 

Related Stories

Market Data | Jun 14, 2016

Transwestern: Market fundamentals and global stimulus driving economic growth

A new report from commercial real estate firm Transwestern indicates steady progress for the U.S. economy. Consistent job gains, wage growth, and consumer spending have offset declining corporate profits, and global stimulus plans appear to be effective.

Market Data | Jun 7, 2016

Global construction disputes took longer to resolve in 2015

The good news: the length and value of disputes in the U.S. fell last year, according to latest Arcadis report.

Market Data | Jun 3, 2016

JLL report: Retail renovation drives construction growth in 2016

Retail construction projects were up nearly 25% year-over-year, and the industrial and office construction sectors fared well, too. Economic uncertainty looms over everything, however.

Market Data | Jun 2, 2016

ABC: Nonresidential construction spending down in April

Lower building material prices, a sluggish U.S. economy, and hesitation among private developers all factor into the 2.1% drop.

Market Data | May 20, 2016

Report: Urban area population growth slows

Older Millennials are looking to buy homes and move away to more affordable suburbs and exurbs.

Market Data | May 17, 2016

Modest growth for AIA’s Architecture Billings Index in April

The American Institute of Architects reported the April ABI score was 50.6, down from the mark of 51.9 in the previous month. This score still reflects an increase in design services.

Market Data | Apr 29, 2016

ABC: Quarterly GDP growth slowest in two years

Bureau of Economic Analysis data indicates that the U.S. output is barely growing and that nonresidential investment is down.

Market Data | Apr 20, 2016

AIA: Architecture Billings Index ends first quarter on upswing

The multi-family residential sector fared the best. The Midwest was the only U.S. region that didn't see an increase in billings.

Building Technology | Apr 11, 2016

A nascent commercial wireless sensor market is poised to ascend in the next decade

Europe and Asia will propel that growth, according to a new report from Navigant.

Industry Research | Apr 7, 2016

CBRE provides latest insight into healthcare real estate investors’ strategies

Survey respondents are targeting smaller acquisitions, at a time when market cap rates are narrowing for different product types.

boombox1 - default
boombox2 -
native1 -

More In Category

Construction Costs

New download: BD+C's May 2024 Market Intelligence Report

Building Design+Construction's monthly Market Intelligence Report offers a snapshot of the health of the U.S. building construction industry, including the commercial, multifamily, institutional, and industrial building sectors. This report tracks the latest metrics related to construction spending, demand for design services, contractor backlogs, and material price trends.




halfpage1 -

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021