Nonresidential construction spending dipped 0.2% nationwide in June, according to the latest Associated Builders and Contractors analysis of data published by the U.S. Census Bureau.  On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion, with... View full entry

Following our previous visit to California-based Yu2e, Inc., we are moving our Meet Your Next Employer series to New York this week to explore the work of BMA Architects. Headquartered in Sagaponack, NY, the firm has built a portfolio anchored on high-end modern residential and commercial work... View full entry

A new report released by the market research company Prophecy Market Insights on the global market for BIM software has predicted substantial growth by a compound annual growth rate (CAGR) of 13.3% over the next decade, reaching a total valuation of $26.4 billion by 2034.  Key market players... View full entry

The total number of construction starts fell by 19% in June, which resulted in a seasonally adjusted annual rate of $1.0 trillion, according to Dodge Construction Network’s latest Construction Starts Index.  Nonbuilding starts dipped 46%, and nonresidential starts decreased by 13%... View full entry

The latest AIA/Deltek Architecture Billings Index (ABI) for June has indicated a continuation of soft business conditions for firms, with a new recorded score of 46.4 (any score below 50 indicates a decline).  The number is slightly higher than May's score of 42.4, which represented a new... View full entry

Following our previous visit to New York-based WXY Architecture + Urban Design, we are moving our Meet Your Next Employer series to California this week to explore the work of Yu2e, Inc. The architecture and engineering firm has built a portfolio grounded in private single-family residential... View full entry

The U.S. Environmental Protection Agency has announced a new round of grants worth nearly $160 million to support the clean manufacturing of domestically produced construction materials.  The funds are being distributed to 38 entities, including the University of Massachusetts Amherst... View full entry

ConstructConnect’s latest Project Stress Index (PSI) reading, which measures the level of non-residential projects that have experienced a delayed bid date, being placed on hold, or being abandoned, for June 2024 is up 1.5% from May. The figure of 112.7 is up 9% from June 2023. As reported by... View full entry

Spending on nonresidential construction is projected to increase over the remainder of the year before taking a step back in 2025, according to the AIA’s updated Consensus Construction Forecast for mid-2024. The report says construction of new commercial facilities effectively will remain flat... View full entry

Construction input prices fell by 0.3% in June, according to the latest Associated Builders and Contractors (ABC) analysis of the U.S. Bureau of Labor Statistics' Producer Price Index. For the month, Nonresidential construction input prices declined by 0.4%. Overall construction input prices are... View full entry

“They [North America] have a mature market where woodworkers and integration shops work alongside billet producers to service the market,” Adrian Mitchell told the outlet. “It is not about whose panel size got designed by the engineer into a project from the start, giving that manufacturer... View full entry

When we asked architects in our recent Archinect Business Survey about their economic outlook, one of the five big factors behind the architecture industry’s current economic slowdown mentioned most frequently by participants was high construction costs.  "Construction costs are exceeding... View full entry

The Dodge Momentum Index (DMI) increased by 10.4% in June to a new score of 198.6, according to new data from Dodge Construction Network. The latest numbers are up considerably from the revised May reading of 179.9. Over the month, commercial planning increased 14.5%, and institutional planning... View full entry

A shift toward a more diverse and prepared architecture profession has been documented in the latest NCARB by the Numbers report from the National Council of Architectural Registration Boards.  The council’s annual survey revealed the total number of licensed practitioners to have grown by... View full entry

Following our previous visit to New York-based OLI Architecture, we are keeping our Meet Your Next Employer series in Manhattan this week to explore the work of WXY Architecture + Urban Design. Led by founding principal Claire Weisz, the firm has built a portfolio driven by “innovative... View full entry