HORIZONTV FEATURING BD+C: WATCH EPISODES ON DEMAND AT HORIZONTV
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% year-over-year (YOY) increase in projects and a 7% YOY increase in rooms compared to last year.
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 today that its Construction Backlog Indicator increased to 8.2 months in March from 8.1 months in February, according to an ABC member survey conducted March 20 to April 3. The reading is down 0.5 months from March 2023.
Too many of the nation’s school districts are having to make it work with less-than-ideal educational facilities. But at what cost to student performance and staff satisfaction?
The commercial office and retail sectors will lead the way in 2018, with a strong bounce back for education and healthcare.
The economy expanded at an annual rate of 2.6% during the fourth quarter of 2017.
Over the past 10 years, the number of renters has increased by 23 million.
Chicago tops the list as the most affordable U.S. metro, while Oakland, Calif., is the most expensive rental market.
Energy prices have been more volatile lately.
Despite the month-over-month expansion, nonresidential spending fell 1.3 percent from November 2016.
Labor shortages are spiking wages. Materials costs are rising, too.
The American Institute of Architects (AIA) reported the November ABI score was 55.0, up from a score of 51.7 in the previous month.
There are risks to the 2018 outlook as a number of potential cost increases could come into play.
The top world region by project count is North America.
