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?
Though the economy did not have a strong ending to 2015, the data does not suggest that nonresidential construction spending is set to decline.
JLL’s latest outlook foresees a maturation in certain metros.
CDM Research finds only a few positive signs among the leading sectors.
While volatility persists, architecture firms reported healthy performance for 2015.
In December, construction material prices fell for the sixth consecutive month. Prices have declined 7.2% since peaking in August 2014.
Strong job growth and dwindling consumer debt give rise to hope.
More than 100,000 rooms could be delivered this year alone.
The largest revisions came in the last two years and were largely upward.
By all indications, 2015 was another solid year for U.S. architecture, engineering, and construction firms.
Only 4 of 16 subsectors showed gains
