Nonresidential construction spending is down 2.9% on a year-over-year basis.
Business conditions easing in the West.
Spending on nonresidential construction services is still down on a YOY basis.
Design services remain in high demand across all regions and in all major sectors.
Hurricane recovery efforts expected to heighten concerns about labor scarcities in the south, whe...read more
As of Sept. 14, 166 properties reported damage to 8,956 units, about 1.4% of the total supply of...read more
Marriott has the most rooms currently under construction with 482 Projects/67,434 Rooms.
Weakness in spending was widespread.
JLL’s latest construction report shows stability ahead with tech and innovation leading the way....
For the economy, the rate of growth may be low but it’s running on all cylinders.
“The July figures show the continuation of healthy trends in the construction sector of our econo...read more
AIA’s latest compensation report finds average compensation for staff positions up 2.8% from earl...read more
USAA is building a 240,000-sf office in suburban Tampa, Fla., for 1,000 additional employees. The company is also expanding its existing campus in Plano, Texas, a suburb of Dallas, with a 150,000-sf building. Suburban office space with urban characteristics still can attract investors and companies. Image: USAA
An analysis of mortgage-backed loans suggests that demand remains relatively steady.
Spending in all 12 of the remaining nonresidential construction subsectors retreated on both an a...read more
On average, becoming an architect takes 12.5 years—from the time a student enrolls in school to t...read more
ConstructConnect’s quarterly report shows courthouses and sports stadiums to end 2017 with a flou...read more
June’s weak construction spending report can be largely attributed to the public sector.
Nonresidential fixed investment, a category of GDP embodying nonresidential construction activity...read more
Despite some softness at the high end of the apartment market, demand for apartments will continu...read more
Prospects for the construction industry have weakened with developments over the first half of th...read more
Coming out on top as the most expensive market to build out an office is Silicon Valley, Calif.,...read more
The value and lengths of construction disputes declined globally in 2016, according to the latest report based on disputes handled by Arcadis' Contract Solutions team. Image: Pixabay
But poorly written and administered contracts are still problems, says latest Arcadis report....
This trend is driven by candidates completing the experience and examination programs concurrentl...read more
The first quarter showed gains in all categories.
Balanced growth results in billings gains in all sectors.
535 Carlton, an 18-story, 298-unit building in the Pacific Park section of Brooklyn, N.Y., will be that neighborhood's first 100% affordable housing building. Greenland Forest City Partners is the developer. The latest report from Harvard's Joint Center for Housing Studies states that affordable for-sale and rental housing remains in short supply in many U.S. markets. Image: Office of the Mayor/Max Touhy
The Joint Center for Housing Studies’ latest report expects minorities and millennials to account...read more
USG Corporation (USG) and U.S. Chamber of Commerce release survey results gauging confidence amon...read more
Nonresidential construction spending fell 1.7% in April 2017, totaling $696.3 billion on a season...read more
Ohio schools built under government-mandated project labor agreements (PLAs) cost 13.12 percent m...read more
All regions report positive business conditions.