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The data-driven economy has spoken, and AEC firms are taking note to the tune of a projected $180 billion worth of new construction spending on data center projects as of the end of Q3 this year. The figure comes from a Dell’Oro Group report, which also pointed out just three... 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
A new report by the Associated Builders and Contractors (ABC), analyzing the U.S. Bureau of Labor Statistics’ Producer Price Index data has revealed that construction input prices increased 0.3% in October. Nonresidential construction input prices also increased 0.3% for the month. Last month... View full entry
A new survey from Bluebeam has documented the widespread use of AI technology in every facet of the AEC industry. According to their survey of management employees in seven countries, around three-quarters (74%) of all businesses have implemented AI into their workflows. This is especially... 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 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
A new analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data from the Associated Builders and Contractors (ABC) has show construction input to have decreased by 0.9% for the month of September. Nonresidential construction input prices also decreased 0.9% for the month. Prices of... View full entry
The latest Dodge Momentum Index (DMI) figures for September have shown decreases equal to a 4% drop to a new sore of 208.6 after a revised August reading of 217.7. For the month, commercial planning contracted by 7.8% and institutional planning improved by 5.2%. The new DMI was 21% higher than in... View full entry