flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
Currently Reading

7 must reads for the AEC industry today: June 4, 2020

Market Data

7 must reads for the AEC industry today: June 4, 2020

Construction unemployment declines in 326 of 358 metro areas and is the show over for AMC Theatres?


By BD+C Editors | June 4, 2020


1. Jennifer Lawrence Cardiac Intensive Care Unit opens in Kentucky (BD+C) 
"The CICU includes 17 private rooms for children recovering from heart procedures, including open heart surgery, heart transplant, and other conditions requiring intensive care. The goal of the redesign was to provide better patient- and family-centric services."

2. Construction employment declines in 326 out of 358 metro areas in April (AGC) 
"Association says new transportation proposal could help restore jobs."

3. Virginia makes GCs liable for subs employee wages (BD+C) 
"
New law allows workers to sue GCs for wages in class action."

4. Renovation can turn older university buildings into high-performing labs (BD+C) 
"Colleges, universities, corporations, and governments are finding that adapting older buildings to house laboratory facilities can be a viable alternative to new construction—if the conditions are right."

5. Show's Over For AMC Theatres? (Bisnow)
"AMC Entertainment Holdings, which operates almost 1,000 movie theaters in the U.S., Europe and the Middle East, said in a regulatory filing this week that there is uncertainty about its survival."

6. What Will College Be Like in the Fall? (New York Times)
"Administrators, professors, a union representative and students consider the new realities of life on campus in the midst of a pandemic."

7. Mall Stocks Surge with Shoppers Coming Back Faster Than Expected (Bloomberg via National Real Estate Investor)
"At North Carolina centers owned by Tanger traffic was at 80 percent of pre-pandemic levels."

 

 

Related Stories

Market Data | May 1, 2023

AEC firm proposal activity rebounds in the first quarter of 2023: PSMJ report

Proposal activity for architecture, engineering and construction (A/E/C) firms increased significantly in the 1st Quarter of 2023, according to PSMJ’s Quarterly Market Forecast (QMF) survey. The predictive measure of the industry’s health rebounded to a net plus/minus index (NPMI) of 32.8 in the first three months of the year. 

Industry Research | Apr 25, 2023

The commercial real estate sector shouldn’t panic (yet) about recent bank failures

A new Cushman & Wakefield report depicts a “well capitalized” banking industry that is responding assertively to isolated weaknesses, but is also tightening its lending.

Architects | Apr 21, 2023

Architecture billings improve slightly in March

Architecture firms reported a modest increase in March billings. This positive news was tempered by a slight decrease in new design contracts according to a new report released today from The American Institute of Architects (AIA). March was the first time since last September in which billings improved.

Contractors | Apr 19, 2023

Rising labor, material prices cost subcontractors $97 billion in unplanned expenses

Subcontractors continue to bear the brunt of rising input costs for materials and labor, according to a survey of nearly 900 commercial construction professionals. 

Data Centers | Apr 14, 2023

JLL's data center outlook: Cloud computing, AI driving exponential growth for data center industry

According to JLL’s new Global Data Center Outlook, the mass adoption of cloud computing and artificial intelligence (AI) is driving exponential growth for the data center industry, with hyperscale and edge computing leading investor demand.

Healthcare Facilities | Apr 13, 2023

Healthcare construction costs for 2023

Data from Gordian breaks down the average cost per square foot for a three-story hospital across 10 U.S. cities.

Higher Education | Apr 13, 2023

Higher education construction costs for 2023

Fresh data from Gordian breaks down the average cost per square foot for a two-story college classroom building across 10 U.S. cities.

Market Data | Apr 13, 2023

Construction input prices down year-over-year for first time since August 2020

Construction input prices increased 0.2% in March, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices rose 0.4% for the month.

Market Data | Apr 11, 2023

Construction crane count reaches all-time high in Q1 2023

Toronto, Seattle, Los Angeles, and Denver top the list of U.S/Canadian cities with the greatest number of fixed cranes on construction sites, according to Rider Levett Bucknall's RLB Crane Index for North America for Q1 2023.

Contractors | Apr 11, 2023

The average U.S. contractor has 8.7 months worth of construction work in the pipeline, as of March 2023

Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.7 months in March, according to an ABC member survey conducted March 20 to April 3. The reading is 0.4 months higher than in March 2022.

boombox1 - default
boombox2 -
native1 -

More In Category



AEC Tech

Lack of organizational readiness is biggest hurdle to artificial intelligence adoption

Managers of companies in the industrial sector, including construction, have bought the hype of artificial intelligence (AI) as a transformative technology, but their organizations are not ready to realize its promise, according to research from IFS, a global cloud enterprise software company. An IFS survey of 1,700 senior decision-makers found that 84% of executives anticipate massive organizational benefits from AI. 


halfpage1 -

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021