HORIZONTV FEATURING BD+C: WATCH EPISODES ON DEMAND AT HORIZONTV
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?
Asking rents for multifamily units increased $8 during the month to $1,721; year-over-year growth grew 30 basis points to 0.9 percent—a normal seasonal growth pattern according to Yardi Matrix.
Consumers are making lifestyle choices with wellness in mind, which ignites in them a feeling of purpose and a sense of motivation. That’s the conclusion that the architecture and design firm MG2 draws from a survey of 1,182 U.S. adult consumers the firm conducted last December about retail design and what consumers want in healthier shopping experiences.
Despite rising construction labor and materials costs, 55% of contractors expect their profit margins to expand in the first half of 2018.
Largest active projects are by Sutter Health, New York Presbyterian, and Scripps Health.
Multifamily housing and senior living developments head the list of the hottest sectors heading into 2018, according a survey of 356 AEC professionals.
Thirty-seven states benefited from the rise in construction activity in their state, while 13 states experienced a reduction in activity.
Business conditions remain uneven across regions.
ConstructConnect’s quarterly report shows the most significant annual growth in the civil engineering and residential sectors.
Dodge Outlook Report predicts deceleration but still growth, reflecting a mixed pattern by project type.
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.
