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Associated Builders and Contractors reported that its Construction Backlog Indicator increased to 8.4 months in April, according to an ABC member survey conducted April 22 to May 6. The reading is down 0.5 months from April 2023, but expanded 0.2 months from the prior month.
Could we be headed towards a “period of stagflation?” That's the question Andrew Semmes, Senior Research Analyst, poses in the Matrix May 2024 Multifamily Rent Forecast update.
For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.
In its latest multifamily report, Yardi Matrix finds that the national average rent has increased for the second month in a row.
Nonresidential construction spending has been suppressed over the last year or so with the primary factor being the lack of momentum in public spending.
CannonDesign releases infographic to better help universities obtain more R&D funding.
A trusted advisor acts as a guiding partner over the full course of a professional relationship.
The Chief Economists for ABC, AIA, and NAHB all see the construction industry continuing to expand over the next year and a half.
The right approach during the planning, design, and construction of a new facility can yield a positive return on investment and lower the overall cost basis for ongoing operations, writes Steve Higgs, Senior Managing Director with CBRE Healthcare.
A new CBRE report emphasizes the importance of collaboration and standardization in lab design.
The drop in the construction unemployment rate from June 2015 extends the uninterrupted monthly sequence of year-over-year rate decreases that started in October 2010, according to Bernard M. Markstein, PhD, President and Chief Economist of Markstein Advisors.
On a year-over-year basis, nonresidential construction spending has fallen 1.1 percent, marking the first annual decline since July 2013
But several factors could make the industry downshift.
Bradley’s 2016 Healthy Hand Washing Survey offers insights into restroom use.
