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6 must reads for the AEC industry today: July 2, 2020

Construction spending declines 2.1% in May and how physical spaces may adapt to a post-COVID world.

July 02, 2020 |

1. Are hospitals prepared for the next pandemic? (BD+C) 
"Caught off guard by COVID-19, healthcare systems take stock of the capacity and preparedness."

2. Construction spending declines 2.1% in May as drop in private work outweighs public pickup (AGC) 
"Construction spending declined for the third month in a row in May as a sharp slowdown in private projects more than offset a rise in public work, according to an analysis by the Associated General Contractors of America of government data released today."

3. COVID-19 public health guidelines may be downplaying building systems solutions (BD+C)
"Emphasis on cleaning surfaces overlooks importance of mechanical infrastructure."

4. Blackstone CEO Stephen Schwarzman forecasts 'big V' economic recovery this summer (Business Insider)
"Economic reopenings will drive the first bounce-back but fail to completely bring the US back to 2019 levels of activity, he said during the Bloomberg Invest Global virtual conference."

5. How physical spaces may adapt to a post-COVID world (Forbes)
"Lots of questions are being asked about how life will change in the wake of COVID-19. Because physical distancing is a big part of that conversation, designers of physical spaces are among those expected to supply answers."

6. What, us worry? Multifamily developers sanguine about supply (Bisnow)
"Booming multifamily housing production, a pandemic and increasingly difficult restrictions on tours and amenities don't have the sector's biggest developers worried, they say."


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