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Cross laminated timber market forecast to more than triple by end of decade

Cross laminated timber (CLT) is gaining acceptance as an eco-friendly building material, a trend that will propel its growth through the end of the 2020s. The CLT market is projected to more than triple from $1.11 billion in 2021 to $3.72 billion by 2030, according to a report from Polaris Market Research.




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Market Data | Apr 29, 2022

Global forces push construction prices higher

Consigli’s latest forecast predicts high single-digit increases for this year.

Market Data | Apr 29, 2022

U.S. economy contracts, investment in structures down, says ABC

The U.S. economy contracted at a 1.4% annualized rate during the first quarter of 2022.

Market Data | Apr 20, 2022

Pace of demand for design services rapidly accelerates

Demand for design services in March expanded sharply from February according to a new report today from The American Institute of Architects (AIA).  

Market Data | Apr 14, 2022

FMI 2022 construction spending forecast: 7% growth despite economic turmoil

Growth will be offset by inflation, supply chain snarls, a shortage of workers, project delays, and economic turmoil caused by international events such as the Russia-Ukraine war.

Industrial Facilities | Apr 14, 2022

JLL's take on the race for industrial space

In the previous decade, the inventory of industrial space couldn’t keep up with demand that was driven by the dual surges of the coronavirus and online shopping. Vacancies declined and rents rose. JLL has just published a research report on this sector called “The Race for Industrial Space.” Mehtab Randhawa, JLL’s Americas Head of Industrial Research, shares the highlights of a new report on the industrial sector's growth.

Codes and Standards | Apr 4, 2022

Construction of industrial space continues robust growth

Construction and development of new industrial space in the U.S. remains robust, with all signs pointing to another big year in this market segment
Reconstruction & Renovation | Mar 28, 2022

Is your firm a reconstruction sector giant?

Is your firm active in the U.S. building reconstruction, renovation, historic preservation, and adaptive reuse markets? We invite you to participate in BD+C's inaugural Reconstruction Market Research Report.

Industry Research | Mar 28, 2022

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Associated Builders and Contractors reported today that its Construction Backlog Indicator remained unchanged at 8.0 months in February, according to an ABC member survey conducted Feb. 21 to March 8.

Industry Research | Mar 23, 2022

Architecture Billings Index (ABI) shows the demand for design service continues to grow

Demand for design services in February grew slightly since January, according to a new report today from The American Institute of Architects (AIA).

Codes and Standards | Mar 1, 2022

Engineering Business Sentiment study finds optimism despite growing economic concerns

The ACEC Research Institute found widespread optimism among engineering firm executives in its second quarterly Engineering Business Sentiment study.

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