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Construction will be an engine of global economic growth in the decade to 2030, with output expected to be 35% higher than in the ten years to 2020, according to a new global forecast. — Global Construction Review
The report, titled Future of Construction, by Oxford Economics and Marsh McLennan subsidiaries March and Guy Carpenter projects that growth in construction output will average 3.6% per year from now until 2030, outpacing that of the manufacturing and services sectors. According to the study, this... View full entry
A recently published interface pulls together data on what architecture firms received approval for Paycheck Protection Program (PPP) funding from the United States Small Business Administration (SBA). The interface collects publicly available information published by SBA that has been sorted... View full entry
Industries getting the largest share of net PPP dollars were health and social assistance, professional, scientific and technical services, construction and manufacturing. — CNBC
CNBC breaks down newly published data from the federal government highlighting the distribution of Paycheck Protection Program loans extended to American businesses in the aftermath of the COVID-19 pandemic. Previously on Archinect:"Architecture Firm Owners Share Their PPP Woes" According to... View full entry
Back in early March, it was announced that the Board of Directors of the School of Architecture at Taliesin (SOAT) had turned back a decision it made in January to shut down following a protracted tenancy dispute with the Frank Lloyd Wright Foundation. In a press release announcing the... View full entry
As society plans its transition out of the first phase of the COVID-19 pandemic response and into a new era of social distanced, post-quarantine life, the gradual re-inhabitation of existing buildings will necessitate that many aspects of daily life be re-examined, both in terms of social custom... View full entry
The Los Angeles County Board of Supervisors has agreed to launch a new small business financial support program to help L.A.’s most vulnerable businesses survive the COVID-19 crisis. The fund will include “bridge funding for small businesses likely to receive federal disaster... View full entry
Although the federal government has embraced a significant economic and fiscal response to the economic crisis caused by the COVID-19 pandemic through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the roll-out of the small business relief support programs created to help keep... View full entry