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A new study conducted by the group Grand View Research Inc. has indicated a likely rise in the global demand for architectural services to a market share of $523.2 billion by the end of the decade. The study cites the rates of urbanization in countries such as Brazil and India alongside a... View full entry
The latest Dodge Momentum Index (DMI) report has shown a slight increase of 0.1% for January to a new total of 184.1, indicating an improvement over December’s revised figure of 183.9. Over the month, commercial planning fell by 1.0%, while institutional planning improved by 2.1%. Year... View full entry
Following last week’s look at an opening for a Project Manager at Fluidity Design Consultants, we are using this week’s edition of our Job Highlights series to explore an open role on Archinect Jobs for a Construction Contract Administrator at EskewDumezRipple. The role, based in New Orleans... View full entry
A group of 11 AEC industry groups in the United Kingdom, including the Royal Institute of British Architects (RIBA), Chartered Institute of Building, and UK Green Building Council, have joined together in urging the government toward taking action on restricting embodied carbon emissions in the... View full entry
The AIA’s chief economist Kermit Baker has offered reflections on the economic context facing architecture firms throughout 2024. Baker, who previously shared reflections with Archinect on the industry’s recovery from the COVID-19 pandemic, says that “while 2024 may indeed end up looking a... View full entry
The new December Architecture Billings Index from the American Institute of Architects has shown a continued decline in business conditions to end the year 2023. The new index score of 45.4 was essentially left flat from November’s totals (any score below 50 indicates a decline) though there... View full entry
Spending on nonresidential buildings will see a minor 4% increase in 2024 despite a 20% increase in 2023, according to the AIA’s latest Consensus Construction Forecast. In 2025, meanwhile, the pace is expected to slow to just over 1% growth. Across key sectors, manufacturing construction will... View full entry
The latest data from Dodge Construction Network has shown an impressive 20% growth in new construction starts to a seasonally adjusted annual rate of $1.2 trillion for the month of December, offering encouraging statistics for the industry in a turnaround from November’s ten-month low. For the... View full entry
Building permits and construction starts for residential projects in the United States declined by approximately 10% in 2023 versus 2022, according to new data by the U.S. Census Bureau. An estimated 1,469,800 housing units were authorized by building permits in 2023, which is 11.7% lower than in... View full entry
The latest Associated Builders and Contractors (ABC) construction input price analysis for the month of December has registered a 0.6% decrease over November’s trend-reversing totals. Nonresidential construction input prices were down another 0.4%, with the commercial and multifamily sectors... View full entry
The latest Dodge Momentum Index (DMI) has posted an increase of 3% for December to a new total of 186.6, showing a marked improvement over November’s revised figure of 181.5. For the month, commercial planning grew 1.0%, and institutional planning improved 6.1%. Hotels and data centers... View full entry
Real estate website The Real Deal has compiled a list of the busiest architecture firms in New York City across 2023. The ranking sees architects listed based on their role as architects of record for permit applications filed for new buildings and renovations measuring more than 5,000 square feet... View full entry
Spending on nonresidential construction dropped by 0.1% in November in a reversal of a 17-month growth period for the sector, according to an analysis of new U.S. Census Bureau data from the industry group Associated Builders and Contractors (ABC). The total amount of spending in the sector was... View full entry
Construction starts for the month of November fell by 15% to new ten-month lows at a seasonally adjusted annual rate of $927 billion, according to the latest figures from the Dodge Construction Network. For the month, nonresidential building starts fell 29%, residential starts lost 6%, and... View full entry
The American Institute of Architects has released new Architecture Billings Index data for the month of November, indicating a further softening of business conditions with a score below 50 recorded for what is now the fourth month in a row. The new 45.3 score for the month is still a full... View full entry