1.Ā Take a virtual tour of Frank Lloyd Wright's Robie House (BD+C)
Explore the building with Frank Lloyd Wright Trust curator David Bagnall.
2.Ā Construction Contractor Confidence plummets in FebruaryĀ (ABC)
Confidence among U.S. construction industry leaders plummeted in February due to expectations of the economic fallout associated with COVID-19, according to the Associated Builders and Contractors Construction Confidence Index released today. Readings for sales, profit margins and staffing levels expectations fell below the threshold of 50 for the first time in the history of the series, signaling expected contraction along all three dimensions.
3.Ā Group will create ecosystem for smart building dataĀ (BD+C)
Seven Finnish companies aim to integrate all technical systems into a single platform.
4.Ā Recovery Readiness: A How-to Guide for Reopening your Workplace (Cushman & Wakefield)
"We are proud to announce the release of Recovery Readiness: A How-to Guide for Reopening your Workplace, a comprehensive guide for real estate tenants and landlords on reopening workplaces as stay-at-home restrictions are lifted."
5.Ā Social distancing in the workplace: The new norm (BuroHappold Engineering)
"How analytics and insight will help organizations implement social distancing in the workplace."
6.Ā Looking Beyond the Storm: How to Remain Competitive in the New Era of Construction (FMI)
"Leaders are doing their best to keep calm and level-headed, hoping that this period of upset will pass quickly. Nevertheless, some experts predict that we will be in this for the long haul.2 With no firm promise of the market thawing out in the coming weeks, we cannot afford to wait for things to return to 'normal.'"
Ā
Related Stories
Industry Research | Jun 15, 2023
Exurbs and emerging suburbs having fastest population growth, says Cushman & Wakefield
Recently released county and metro-level population growth data by the U.S. Census Bureau shows that the fastest growing areas are found in exurbs and emerging suburbs.Ā
Contractors | Jun 13, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of May 2023
Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in May, according to an ABC member survey conducted May 20 to June 7. The reading is 0.1 months lower than in May 2022. Backlog in the infrastructure category ticked up again and has now returned to May 2022 levels. On a regional basis, backlog increased in every region but the Northeast.
Industry Research | Jun 13, 2023
Two new surveys track how the construction industry, in the U.S. and globally, is navigating market disruption and volatility
The surveys, conducted by XYZ Reality and KPMG International, found greater willingness to embrace technology, workplace diversity, and ESG precepts.
| Jun 5, 2023
Communication is the key to AEC firmsā mental health programs and training
The core of recent awareness effortsāand their greatest challengeāis getting workers to come forward and share stories.
Contractors | May 24, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of April 2023
Contractor backlogs climbed slightly in April, from a seven-month low the previous month, according to Associated Builders and Contractors.
Multifamily Housing | May 23, 2023
One out of three office buildings in largest U.S. cities are suitable for residential conversion
Roughly one in three office buildings in the largest U.S. cities are well suited to be converted to multifamily residential properties, according to a study by global real estate firm Avison Young. Some 6,206 buildings across 10 U.S. cities present viable opportunities for conversion to residential use.
Industry Research | May 22, 2023
2023 High Growth Study shares tips for finding success in uncertain times
Lee Frederiksen, Managing Partner, Hinge, reveals key takeaways from the firm's recent High Growth study.Ā
Multifamily Housing | May 8, 2023
The average multifamily rent was $1,709 in April 2023, up for the second straight month
Despite economic headwinds, the multifamily housing market continues to demonstrate resilience, according to a new Yardi Matrix report.Ā
Market Data | May 2, 2023
Nonresidential construction spending up 0.7% in March 2023 versus previous month
National nonresidential construction spending increased by 0.7% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $997.1 billion for the month.
Hotel Facilities | May 2, 2023
U.S. hotel construction up 9% in the first quarter of 2023, led by Marriott and Hilton
In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. continue to increase, standing at 5,545 projects/658,207 rooms at the close of Q1 2023. Up 9% by both projects and rooms year-over-year (YOY); project totals at Q1 ā23 are just 338 projects, or 5.7%, behind the all-time high of 5,883 projects recorded in Q2 2008.
