Balanced growth results in billings gains in all regions.
Three new states creep into the top 10 while first and second place remain unchanged.
The segment totaled $701.9 billion on a seasonally adjusted annualized rate for the month, markin...read more
Although all three diffusion indices in the survey fell by more than five points they remain well...read more
Connecticut, Virginia, and Maryland are all in the top 10 most innovative states, but none of the...read more
Construction spending outpaced the nation's GDP growth in 2016, according to JLL's latest construction outlook. But spending remains uncertain this year, as the industry waits to see whether new policies on labor and trade emerge from the new administration. Image: Pixabay
Impacts on labor and materials costs at issue, according to latest JLL report.
Business conditions projected to solidify moving into the spring and summer.
Contractors in each segment surveyed all saw lower backlog during the fourth quarter, with firms...read more
The pace of growth was slower than in 2015, however.
Despite minor slowdown in overall billings, commercial/ industrial and institutional sectors post...read more
Hospitals’ energy costs per square foot (red boxes) have fluctuated greatly since 1999. Energy use intensity (Btu/sf/year) and energy costs (ft2/year) fell slightly in 2015. Chart ©2016 Grumman/Butkus Associates.
Report examines electricity, fossil fuel, water/sewer, and carbon footprint.
Nonresidential spending decreased from $713.1 billion in November to $708.2 billion in December....
AIA is positive about spending growth for nonresidential building over the next two years, but notes this sector might be at the tail end of the current construction cycle. Image: Unsplash via Pixabay
Expects another double-digit growth year for office construction, but a more modest uptick for he...read more
Photo: Jim Trodel, Wikimedia Commons
This marks the third consecutive record-breaking year for building completions over 200 meters....
Seven of the 10 executives in the sector surveyed in the report said their company fell victim to...read more
Architecture firms close 2016 with the strongest performance of the year.
However, many firms remain worried about the availability of qualified workers.
The boost in firm leader optimism extends across almost the entire engineering marketplace.
Many construction firms have reported that they remain busy but have become concerned that work c...read more
New design contracts also return to positive levels, signifying future growth in construction act...read more
The numbers of older homeowners are rising rapidly, according to the latest analysis of this cohort by the Joint Center for Housing Studies at Harvard University, which notes that an aging population presents several challenges to the housing sector in terms of costs and amenities. Image: JCHS
New Joint Center report projects 66% increase in senior heads of households by 2035.
PIxabay Public Domain
“The U.S. economy continues to expand amid a weak global economy and, despite risks to the constr...read more
Nonresidential spending is now 2.6 percent higher than at the same time one year ago.
Overall nonresidential construction spending in September totaled $690.5 billion, down a slight 0...read more
It’s all about technology and convenience when it comes to the things millennial renters value mo...read more
A national survey finds strong support for essential community buildings.
ABC releases state rankings on policies affecting construction industry.
Next month, the five-story 3435 Main Street in Kansas City, Mo., this city's first factory-built apartment building, will be ready for delivery. (Its 100 modules were produced at Champion Home Builders' factory in Nebraska). Nationally, the market researcher Axiometrics expects apartment deliveries to soar through mid 2017, and then start to recede through 2018. Image: Courtesy MAC Properties
New York is projected to lead the nation next year, thanks to construction delays in 2016
The rate at which the industry is adding construction workers isn't keeping pace with its demand, according to JLL's latest industry outlook. Image: JLL Q3 2016 Construction Outlook
Risk, labor, and technology are impacting what gets built.
Decline in new design contracts suggests volatility in design activity to persist.