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The AIA/Deltek’s latest Architecture Billings Index (ABI) for the month of March has posted a decline to a score of 43.6. The new figures indicate a reversal of February’s “most modest easing.” The AIA says: "This shows that clients are interested in starting new projects but remain... View full entry
A new analysis of the latest U.S. Bureau of Labor Statistics Producer Price Index data from the Associated Builders and Contractors (ABC) has shown an increase in the cost of construction input prices of 0.4% for March. In the month, nonresidential construction input prices increased by... View full entry
The latest Dodge Momentum Index (DMI) information for March has shown a continued decrease in economic activity, dropping 8.6% to a new score of 164.0 from February's revised total of 179.5. Over the month, commercial planning fell 3.2%, while institutional planning dropped 17.2%. The decline in... View full entry
Spending on nonresidential construction declined 1.0% in February to a seasonally adjusted total of $1.179 trillion, according to an Associated Builders and Contractors (ABC) analysis of data published this week by the U.S. Census Bureau. The figures showed a decrease in spending for 15 of... View full entry
The total value of construction starts for February fell by 8% to a seasonally adjusted annual rate of $1.07 trillion, according to the latest data from Dodge Construction Network. For the month, nonresidential building starts dropped 16%, while nonbuilding starts were down 3%, and... View full entry
New data from the AIA/Deltek Architecture Billings Index (ABI) for the month of February has revealed a continued decline to a new score of 49.5. The figure, however, represents the "most modest easing" since July 2023 (any score below 50 indicates a decline), suggesting an improvement over the... View full entry
A new analysis of the latest U.S. Bureau of Labor Statistics Producer Price Index data from the Associated Builders and Contractors (ABC) has shown an increase in the cost of construction input prices of 1.4% for February. In the month, nonresidential construction input prices increased by 1.3%... View full entry
The latest Dodge Momentum Index (DMI) information for February has shown a slight decrease in economic activity, dropping 1.4% to a new score of 180.5 from January’s revised total of 183.0. Over the month, commercial planning fell 2.3% while institutional planning ticked up 0.1%. The drop in the... View full entry
The value of construction input prices increased by 1% for the month of January when compared to December’s totals, according to an Associated Builders and Contractors (ABC) analysis of the latest U.S. Bureau of Labor Statistics Producer Price Index data. For the month, nonresidential... View full entry
The latest construction starts statistics revealed by Dodge Construction Network for January report that the total number of starts grew 1% to a seasonally adjusted annual rate of $1.16 trillion. Nonbuilding starts rose 9% during the month, while nonresidential building starts fell by... View full entry
The latest data contained in the AIA/Deltek Architecture Billings Index (ABI) for the month of January has shown a slight increase from December's 45.4 total to a new score of 46.2, signaling a continued weakening in business conditions as we enter 2024 following a year of heavy economic... View full entry
The industry group Associated Builders and Contractors (ABC) has just published a new guide to AI resources for contractors working closely with architects on building projects across the U.S. “The possibilities of AI technology may sound endless, but we must first educate ourselves on the... 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
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 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