Nonresidential spending decreased from $713.1 billion in November to $708.2 billion in December....
AIA is positive about spending growth for nonresidential building over the next two years, but notes this sector might be at the tail end of the current construction cycle. Image: Unsplash via Pixabay
Expects another double-digit growth year for office construction, but a more modest uptick for he...read more
Photo: Jim Trodel, Wikimedia Commons
This marks the third consecutive record-breaking year for building completions over 200 meters....
Seven of the 10 executives in the sector surveyed in the report said their company fell victim to...read more
Architecture firms close 2016 with the strongest performance of the year.
However, many firms remain worried about the availability of qualified workers.
The boost in firm leader optimism extends across almost the entire engineering marketplace.
Many construction firms have reported that they remain busy but have become concerned that work c...read more
New design contracts also return to positive levels, signifying future growth in construction act...read more
The numbers of older homeowners are rising rapidly, according to the latest analysis of this cohort by the Joint Center for Housing Studies at Harvard University, which notes that an aging population presents several challenges to the housing sector in terms of costs and amenities. Image: JCHS
New Joint Center report projects 66% increase in senior heads of households by 2035.
“The U.S. economy continues to expand amid a weak global economy and, despite risks to the constr...read more
Nonresidential spending is now 2.6 percent higher than at the same time one year ago.
Overall nonresidential construction spending in September totaled $690.5 billion, down a slight 0...read more
It’s all about technology and convenience when it comes to the things millennial renters value mo...read more
A national survey finds strong support for essential community buildings.
ABC releases state rankings on policies affecting construction industry.
Next month, the five-story 3435 Main Street in Kansas City, Mo., this city's first factory-built apartment building, will be ready for delivery. (Its 100 modules were produced at Champion Home Builders' factory in Nebraska). Nationally, the market researcher Axiometrics expects apartment deliveries to soar through mid 2017, and then start to recede through 2018. Image: Courtesy MAC Properties
New York is projected to lead the nation next year, thanks to construction delays in 2016
The rate at which the industry is adding construction workers isn't keeping pace with its demand, according to JLL's latest industry outlook. Image: JLL Q3 2016 Construction Outlook
Risk, labor, and technology are impacting what gets built.
Decline in new design contracts suggests volatility in design activity to persist.
The relevance of brand recognition has always been debatable in the B2B universe. With notable ex...read more
Austin was followed on the list by Dallas/Fort Worth, Texas and Portland, Ore.
The government revised the August nonresidential construction spending estimate from $686.6 billi...read more
The acceleration in real GDP growth was driven by a combination of factors, including an upturn i...read more
Rider Levett Bucknall’s Third Quarter 2016 USA Construction Cost Report puts the complete spectru...read more
Photo courtesy of Ari Burling via HOK.
“Although coworking space makes up less than one percent of the world’s office space, it represen...read more
Dodge Outlook Report predicts moderate growth for most project types – single family housing, com...read more
Two firms stand well above the others when it comes to the number of tall buildings they have des...read more
“This recent backslide should act as a warning signal,” said AIA Chief Economist, Kermit Baker....
Growing profitability at architecture firms has led to reinvestment and expansion