HORIZONTV FEATURING BD+C: WATCH EPISODES ON DEMAND AT HORIZONTV
Associated Builders and Contractors reported that its Construction Backlog Indicator fell to 8.3 months in May, according to an ABC member survey conducted May 20 to June 4. The reading is down 0.6 months from May 2023.
Multifamily rents rose for the fourth month in a row, according to the May 2024 National Multifamily Report. Up 0.6% year-over-year, the average U.S. asking rent increased by $6 in May, up to $1,733.
Building Design+Construction's monthly Market Intelligence Report offers a snapshot of the health of the U.S. building construction industry, including the commercial, multifamily, institutional, and industrial building sectors. This report tracks the latest metrics related to construction spending, demand for design services, contractor backlogs, and material price trends.
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.
Lower cost metros outperform pricey gateway markets and E-commerce fuels industrial's unstoppable engine.
But year-over-year multifamily trendline remained negative at -0.3%, unchanged from July.
Princeton's new museum and Miami's yacht-inspired luxury condos.
Chicago's Bank of America Tower opens and altering facilities for a post-COVID-19 world.
Thailand's new Elephant Museum and the Art Gallery of New South Wales receives an expansion.
Miami Beach Convention Center renovation completes and guidance offered for K-12 schools to support students with asthma.
While many contractors have not yet seen drastic impacts to their business, as construction was in many areas considered an “essential” service, the long-term implications are concerning.
4 challenges of realizing BIM's value for an owner and Florida office property is designed for a post-Covid world.
The first rendering of the National Medal of Honor Museum is unveiled and seven urgent changes needed to fix senior living.
Water-filled windows' effect on energy and construction begins on PGA of America HQ.
