flexiblefullpage -

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.




billboard - default
interstitial1 - interstitial
Market Data | Jan 24, 2022

U.S. hotel construction pipeline stands at 4,814 projects/581,953 rooms at year-end 2021

Projects scheduled to start construction in the next 12 months stand at 1,821 projects/210,890 rooms at the end of the fourth quarter.

Market Data | Jan 19, 2022

Architecture firms end 2021 on a strong note

December’s Architectural Billings Index (ABI) score of 52.0 was an increase from 51.0 in November.

Legal issues: Laws; contracts; documents; insurance | BD+C University Course | Jan 13, 2022

Predicting costs for tomorrow's builds: Useful ways to future-proof today's designs

Using predictive cost data is the key to accurately evaluating future building projects—capturing, analyzing and applying building data work.

Legal issues: Laws; contracts; documents; insurance | BD+C University Course | Jan 13, 2022

Scoping it out: Cost estimates excel with data-driven scopes of work

What’s the most critical step in creating a new building? Savvy architects, owners and developers find this question easy to answer: It’s the scope, of course. With every project start and every new building team, the first and often most daunting hurdle is establishing a decent budget estimate. In preconstruction meetings, when questions arise about budget—especially errors, omissions, misinterpretations and just plain “forgot it”—fingers point back to the original scope of work, or SoW.

Market Data | Jan 13, 2022

Materials prices soar 20% in 2021 despite moderating in December

Most contractors in association survey list costs as top concern in 2022.

Market Data | Jan 12, 2022

Construction firms forsee growing demand for most types of projects

Seventy-four percent of firms plan to hire in 2022 despite supply-chain and labor challenges.

Market Data | Jan 7, 2022

Construction adds 22,000 jobs in December

Jobless rate falls to 5% as ongoing nonresidential recovery offsets rare dip in residential total.

Market Data | Jan 6, 2022

Inflation tempers optimism about construction in North America

Rider Levett Bucknall’s latest report cites labor shortages and supply chain snags among causes for cost increases.

 

Market Data | Jan 6, 2022

A new survey offers a snapshot of New York’s construction market

Anchin’s poll of 20 AEC clients finds a “growing optimism,” but also multiple pressure points.

Market Data | Jan 3, 2022

Construction spending in November increases from October and year ago

Construction spending in November totaled $1.63 trillion at a seasonally adjusted annual rate.

leaderboard1 - default


Magazine Subscription
Subscribe

Get our Newsletters

Each day, our editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Subscribe

Follow BD+C: