The ABI remained positive again in June after the first decline in ten months in April. The American Institute of Architects (AIA) reported the June ABI score was 51.6, down from a mark of 52.9 in May. This score reflects an increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 62.6, up sharply from the reading of 59.1 the previous month. — calculatedriskblog.com
Why does the layout of cities matter so much in mobility?
Harvard's Raj Chetty says he and the other authors of the study were struck by the amount of variation in mobility across areas. — marketplace.org
In a letter accompanying Thursday's filing, Michigan's Governor Rick Snyder...said...residents needed a clear exit from the "cycle of ever decreasing services".
"The only way to do those things is to radically restructure the city" — BBC News
Builder confidence in the market for newly-built single-family homes hit a significant milestone in June, surging eight points to a reading of 52 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Any reading over 50 indicates that more builders view sales conditions as good than poor. — nahb.org
The American Institute of Architects (AIA) reported the May ABI score was 52.9, up dramatically from a mark of 48.6 in April. This score reflects an increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 59.1, up slightly from the reading of 58.5 the previous month. — calculatedriskblog.com
“Project approval delays are having an adverse effect on the design and construction industry, but again and again we are hearing that it is extremely difficult to obtain financing to move forward on real estate projects,” said AIA Chief Economist, Kermit Baker, PhD, Hon. AIA. “There are other challenges that have prevented a broader recovery that we will examine in the coming months if this negative trajectory continues... we’re hopeful that this is just a short-term dip.” — aia.org
In March, the American Institute of Architects’ Architecture Billings Index marked its eighth consecutive month of growth in the demand for architectural design services. While the national score of 51.9 is down three full points from February’s score of 54.9, the architecture industry is still seeing continued strength nationwide, and across all regions and industry sectors. — architectmagazine.com
Housing starts in March rose to the highest level in five years. If developers keep building at that rate, there’d be one million new houses by the end of the year.
So, what are builders building and what kind of homes do consumers want? The granite countertop of the new kitchen is like the leather interior of a new car -- a standard, special order must-have. — marketplace.org
In February, the American Institute of Architects’ Architecture Billings Index marked its seventh consecutive month of growth in the demand for architectural design services. With a national score of 54.9, up from January’s score of 54.2, the architecture industry is seeing continued strength and a higher rate of growth of billings than it has seen since the bubble burst five years ago. (A score above 50.0 in the index means that demand is increasing.) — architectmagazine.com
While architects and small firms would undoubtedly benefit from the income tax cuts and deduction, the sales tax on services is problematic for the architectural profession. If the tax plan is approved, architects may find themselves at a distinct disadvantage to out of state firms. — aia.org
An independently-led survey of graduates from Columbia's Graduate School of Architecture Planning and Preservation was recently conducted, to assess the overall status of employment. The infographic-rich document can be seen below. “GSAPP 2012 - 6 Months After Graduation” is an...
The American Institute of Architects (AIA) reported the January ABI score was 54.2, up sharply from a mark of 51.2* in December. This score reflects a strong increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 63.2, much higher than the reading of 57.9 the previous month. — aia.org
The Spanish region of Valencia has been called the "California of Spain" for its gorgeous Mediterranean coastline and modern architecture.
But now Valencia epitomizes the worst of Spain's problems. It had the country's most inflated property market and the biggest crash. Its landscape is littered with empty and half-finished buildings. — npr.org
“While it’s not an across the board recovery, we are hearing a much more positive outlook in terms of demand for design services,” said AIA Chief Economist, Kermit Baker, PhD, Hon. AIA. “Moving into 2013 we are expecting this trend to continue and conditions improve at a slow and steady rate. That said, we remain concerned that continued uncertainty over the outcomes of budget sequestration and the debt ceiling could impact further economic growth.” — aia.org
Manchester Airports Group (MAG) has outlined redevelopment plans worth £650 million to create Airport City Manchester, a future ‘aerotropolis’, close to Manchester Airport, the UK’s third busiest airport. — DesignBuild Source
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