HORIZONTV FEATURING BD+C: WATCH EPISODES ON DEMAND AT HORIZONTV
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% year-over-year (YOY) increase in projects and a 7% YOY increase in rooms compared to last year.
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.
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.2 months in March from 8.1 months in February, according to an ABC member survey conducted March 20 to April 3. The reading is down 0.5 months from March 2023.
Too many of the nation’s school districts are having to make it work with less-than-ideal educational facilities. But at what cost to student performance and staff satisfaction?
A decrease in nonresidential projects negates ongoing growth in residential work.
Spending declined on a monthly basis in 10 of the 16 nonresidential subcategories.
Lawrence-Methuen Town-Salem, Mass. and San Diego-Carlsbad, Calif. top lists of metros with year-over-year employment increases.
FMI’s new study finds collaboration and creativity are major reasons why owners and AEC firms prefer this delivery method.
The ABI score for August was 55.6, up from July’s score of 54.6.
The coronavirus delta variant and supply problems hold back recovery.
ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels all fell modestly in August.
Gains are limited to homebuilding as other contractors struggle to fill both craft and salaried positions.
Coronavirus continues to impact projects and disrupt supply chains.
Fire pits, lounge areas, and covered parking are the most common outdoor amenities at multifamily housing developments, according to new research from Multifamily Design+Construction.
