The total number of construction starts increased by 5% in November to a seasonally adjusted annual rate of $1.2 trillion. According to Dodge Construction Network, nonresidential building starts grew by 2%, nonbuilding starts were 16% high, and residential starts fell by 1%.  For the... View full entry

The latest AIA/Deltek Architecture Billings Index (ABI) for November has recorded a second consecutive flat reading. The slight decrease to 49.6 indicates a near-equal balance between the number of firms experiencing a decrease in billings versus those seeing increases. Inquiries into new... View full entry

The Project Stress Index (PSI) composite closed November 2024 at 119.8, rising 14.7% from a revised October reading of 104.5. Sharp increases in on-hold (29.4%) and abandonment (31.9%) activity drove the month-over-month increase. The month's reading is a new high for the PSI following its August... View full entry

Starts of new multifamily apartment buildings in 2024 have fallen dramatically to 2013 levels, according to an analysis of data taken from HUD and the U.S. Census Bureau from the Texas-based Madera Residential. Nationwide, there were a total of 804,000 units under construction by the end of... View full entry

The new Dodge Momentum Index (DMI) for the month of November decreased by 2.3% to a new score of 191.5 from the revised October reading of 196.0. Over the month, commercial planning was down 4.6% while institutional planning improved by 2.5%.   The November DMI is 12% higher than... View full entry

Nationwide nonresidential construction spending decreased by 0.4% in the month of October, according to an Associated Builders and Contractors (ABC) analysis of recent U.S. Census Bureau data. On a seasonally adjusted annualized basis, nonresidential spending totaled $... View full entry

The total number of construction starts increased by 4% in October to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network’s latest Construction Starts Index. Nonresidential building starts rose 14%, nonbuilding starts grew by 2%, while residential building... View full entry

The new AIA/Deltek Architecture Billings Index (ABI) for the month of October has recorded a flat (50.3) reading, ending its 20-month streak of consecutive declines. This score indicates a balance between the number of firms experiencing a decrease in billings and those seeing an increase... View full entry

The new ConstructionConnect Project Stress Index (PSI) composite reading for October has shown a mild improvement to 104.2, rising 0.8% for the month after a revised September reading of 103.4. Compared to the same month one year ago, the composite is down 11.6%. This is the fourth consecutive... View full entry

The new Dodge Momentum Index (DMI) for the month of October has shown a decrease of 5.3% to a new score of 197.2. This is down from September’s revised reading of 208.2. Over the month, commercial planning fell 6.7%, and institutional planning declined 2.0%.   The declines were... View full entry

Nationwide nonresidential construction spending increased by 0.1% in the month of September, according to an Associated Builders and Contractors (ABC) analysis of recent U.S. Census Bureau data. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.22 trillion... View full entry

As Archinect reported earlier this week, the latest AIA/Deltek Architecture Billings Index shows that U.S. architectural business conditions remain turbulent. Billings have declined at firms for over one and a half years, according to the index, while our monthly Archinect State of AEC series has... View full entry

The latest AIA/Deltek Architecture Billings Index has shown a continued decline in billings through last month. The September ABI remains at 45.7, where it also sat in August. Any score below 50.0 indicates a decline. The findings mark the twentieth consecutive month of declines in the ABI... View full entry

The White House recently announced an update in its efforts to bolster clean construction in the United States. The update lists various public and private entities that have now committed to its three-year-old Federal Buy Clean Initiative. Some companies mentioned in the press release as signing... View full entry

The total number of construction starts fell by 6% in September, resulting in a seasonally adjusted annual rate of $1.1 trillion, according to Dodge Construction Network’s latest Construction Starts Index. Nonbuilding starts fell 11%, residential starts decreased by 1%, and nonresidential... View full entry