Drone technology is one of the tools that engineers and contractors are using to make their jobsites more efficient. A new report by Deloitte sees construction technology as a competitive advantage. Image: Deloitte
Deloitte, in new report, lays out a risk mitigation strategy that relies on tech.
Survey finds optimism about 2020 along with even tighter labor supply as construction unemploymen...read more
A poll of real estate brokers and analysts across North America sees more runway for office demand this year. Image: Pixabay
Brokers and analysts at two major CRE firms observe that tenants are taking longer to make lease...read more
AIA’s Architecture Billings Index (ABI) score of 51.9 for November reflects an increase in design...read more
Overall, the number of completed buildings of at least 200 meters in 2019 declined by 13.7%.
Private nonresidential spending fell 1.2% on a monthly basis and is down 4.3% from October 2018....
12-month net absorption decelerates by one-third from 2018 total.
The Architecture Billings Index (ABI) score in October is 52.0.
Nonresidential construction input prices fell 0.1% for the month and are down 2.0% compared to th...read more
“Multifamily and Senior/Assisted Living have been two of the hottest markets for proposal activity for quite some time,” says PSMJ’s Greg Hart.
Fewer than one in 10 AEC firms doing multifamily work reported a decrease in proposal activity in...read more
In terms of number of deals, the sector saw a drop of 4.4% over the last 12-month average.
Private nonresidential spending fell 0.3% on a monthly basis and is down 5.7% compared to the sam...read more
The annual rate for nonresidential fixed investment in structures declined 15.3% in the third qua...read more
The Architecture Billings Index (ABI) score in September is 49.7.
The primary issue for most contractors is not a lack of demand, but an ongoing and worsening shor...read more
A new study wonders how many retiring adults will be able to afford housing.
Harvard’s Joint Center for Housing Studies focuses on growing income disparities among people 50...read more
Texas (now with 29 million people), Colorado, and Arizona are among the states that should benefit from migration in the coming years, and present robust real estate opportunties. Charts: ULI
Market watchers, though, caution about a “surfeit” of investment creating a bubble.
It will be the slowest pace of growth in a decade, according to GlobalData.
Office, healthcare, and public safety are among the fastest-growing sectors, according to the U.S...read more
With the exception of Latin America, all regions of the globe either continued to set record high...read more
Legislation would create a federally funded and housed informational resource on safer school des...read more
August report suggests greatest weakness in design activity in several years.
Backlog in the heavy industrial category increased by 2.3 months and now stands at its highest le...read more
FMI's newest report is forecasting a big jump in construction spending for so-called megaprojects that reflect an intensifying global urbanization. Image: FMI
A new FMI report anticipates that megaprojects will account for one-fifth of annual construction...read more
Compensation for architects increased, in average, about 12% nationally from early 2017 to early 2019. Charts: AIA Compensation Report
The latest AIA report breaks down its survey data by 44 positions and 28 metros.
Profession must double down on efforts to meet 2030 targets.
New data show how different aspects of the apartment industry positively impact national, state a...read more
Construction spending declined 0.3% in July, totaling $776 billion on a seasonally adjusted annua...read more
The vast majority of construction firms responding to a new survey about employee availability is finding it harder than ever to find and hire hourly craft workers. Image: AGC-Autodesk
A new AGC-Autodesk survey finds more companies turning to technology to support their jobsites....
Decline in new design contracts suggests volatility in design activity to persist.