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

7 must reads for the AEC industry today: June 25, 2020

Market Data

7 must reads for the AEC industry today: June 25, 2020

CDC to build the most advanced high containment laboratory in the country and architecture billings downward trajectory moderates.


By BD+C Editors | June 25, 2020


1. CDC set to build the most advanced high containment laboratory in the country (BD+C)
"Long before COVID-19 put the CDC front and center in news broadcasts around the country, plans to construct the most advanced High Containment Continuity Laboratory (HCCL) in the country had already been finalized."

2. One of Europe’s largest office and warehouse buildings is made entirely of wood (BD+C) 
"A new office and warehouse building on the outskirts of Gothenburg, Sweden, made entirely of wood, has completed construction."

3. Architecture billings downward trajectory moderates (AIA)
"AIA’s Architecture Billings Index (ABI) score for May was 32.0 compared to 29.5 in April, but still represents a significant decrease in services provided by U.S. architecture firms."

4. New API enables design and construction technology platforms to connect (BD+C)
"Construction Specifications Institute offers “digital classification engine.”

5. University of Illinois will reopen with face masks and COVID-19 testing but also virtual classes; other colleges plan blend of online, in-person learning (Chicago Tribune) 
"In a welcome announcement for restless college students, the University of Illinois confirmed Thursday that all three of its schools will hold modified classes on campus this fall as long as the masses of students coming back wear face masks, undergo coronavirus tests and practice social distancing to help prevent the spread of COVID-19."

6. Gyms, Theaters, Restaurants Among Retail Tenants Most in Need of Rent Relief (National Real Estate Investor)
"While rent relief requests are widespread among retail tenants, restaurants, gyms, theaters and apparel sellers seem to need it the most."

7. The Pandemic Sent Young New Yorkers Packing. Will They Return? (New York Times)
"The financial crisis caused by the coronavirus outbreak has led young people from elsewhere to leave the city, uncertain if they will come back."


Related Stories

Market Data | Apr 6, 2023

JLL’s 2023 Construction Outlook foresees growth tempered by cost increases

The easing of supply chain snags for some product categories, and the dispensing with global COVID measures, have returned the North American construction sector to a sense of normal. However, that return is proving to be complicated, with the construction industry remaining exceptionally busy at a time when labor and materials cost inflation continues to put pricing pressure on projects, leading to caution in anticipation of a possible downturn. That’s the prognosis of JLL’s just-released 2023 U.S. and Canada Construction Outlook.

Market Data | Apr 4, 2023

Nonresidential construction spending up 0.4% in February 2023

National nonresidential construction spending increased 0.4% in February, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $982.2 billion for the month, up 16.8% from the previous year. 

Multifamily Housing | Mar 24, 2023

Average size of new apartments dropped sharply in 2022

The average size of new apartments in 2022 dropped sharply in 2022, as tracked by RentCafe. Across the U.S., the average new apartment size was 887 sf, down 30 sf from 2021, which was the largest year-over-year decrease.

Multifamily Housing | Mar 14, 2023

Multifamily housing rent rates remain flat in February 2023

Multifamily housing asking rents remained the same for a second straight month in February 2023, at a national average rate of $1,702, according to the new National Multifamily Report from Yardi Matrix. As the economy continues to adjust in the post-pandemic period, year-over-year growth continued its ongoing decline.

Contractors | Mar 14, 2023

The average U.S. contractor has 9.2 months worth of construction work in the pipeline, as of February 2023

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022.

Industry Research | Mar 9, 2023

Construction labor gap worsens amid more funding for new infrastructure, commercial projects  

The U.S. construction industry needs to attract an estimated 546,000 additional workers on top of the normal pace of hiring in 2023 to meet demand for labor, according to a model developed by Associated Builders and Contractors. The construction industry averaged more than 390,000 job openings per month in 2022.

Market Data | Mar 7, 2023

AEC employees are staying with firms that invest in their brand

Hinge Marketing’s latest survey explores workers’ reasons for leaving, and offers strategies to keep them in the fold.

Multifamily Housing | Feb 21, 2023

Multifamily housing investors favoring properties in the Sun Belt

Multifamily housing investors are gravitating toward Sun Belt markets with strong job and population growth, according to new research from Yardi Matrix. Despite a sharp second-half slowdown, last year’s nationwide $187 billion transaction volume was the second-highest annual total ever.

Contractors | Feb 14, 2023

The average U.S. contractor has nine months worth of construction work in the pipeline

Associated Builders and Contractors reports today that its Construction Backlog Indicator declined 0.2 months to 9.0 in January, according to an ABC member survey conducted Jan. 20 to Feb. 3. The reading is 1.0 month higher than in January 2022.

Office Buildings | Feb 9, 2023

Post-Covid Manhattan office market rebound gaining momentum

Office workers in Manhattan continue to return to their workplaces in sufficient numbers for many of their employers to maintain or expand their footprint in the city, according to a survey of more than 140 major Manhattan office employers conducted in January by The Partnership for New York City.

boombox1 - default
boombox2 -
native1 -

More In Category



AEC Tech

Lack of organizational readiness is biggest hurdle to artificial intelligence adoption

Managers of companies in the industrial sector, including construction, have bought the hype of artificial intelligence (AI) as a transformative technology, but their organizations are not ready to realize its promise, according to research from IFS, a global cloud enterprise software company. An IFS survey of 1,700 senior decision-makers found that 84% of executives anticipate massive organizational benefits from AI. 


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