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A new economic report from the United States Commerce Department indicates that housing construction has been massively impacted by the COVID-19-related economic crisis that is currently gripping the country. According to the department, the number of construction groundbreakings that... View full entry
Although the federal government has embraced a significant economic and fiscal response to the economic crisis caused by the COVID-19 pandemic through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the roll-out of the small business relief support programs created to help keep... View full entry
The latest unemployment figures reported by the federal government show staggering job losses across the country in the wake of the COVID-19-induced economic shutdown. The US Department of Labor reports that 6.6 million Americans filed initial unemployment claims for the week ending April... View full entry
The constant cacophony that has trumpeted Philadelphia’s remarkable construction boom has quieted. Towering cranes are still, jackhammers are silent, and construction vehicles have stopped their beeping back-up warnings.
And thousands of people in construction-related jobs are out of work.
— Philadelphia Inquirer
The Philadelphia Inquirer’s Michaelle Bond reports on how Pennsylvania’s strict construction shutdown is impacting building professionals, in-process projects, and, by extension, the state’s regional economy. Unlike other states, including New Jersey and California, where certain types... View full entry
A new report from the American Institute of Architects (AIA) indicates that the COVID-19 crisis has not only thoroughly impacted the day-to-day functions of the architecture industry, but that it has also imperiled its short-term economic future. Between March 17 and 24, AIA collected survey... View full entry
The United States Senate and House of Representatives have both passed the CARES Act, $2 trillion economic aid package crafted in response to the coronavirus (COVID-19) crisis, the largest government stimulus in the history of the United States. The historic effort, which was signed into law by... View full entry
New York Governor Andrew Cuomo announced today that construction projects across the state must stop work in order to comply with efforts to slow the spread of the COVID-19 pandemic. Carving out exceptions for hospital construction, transit infrastructure projects, utility repairs... View full entry
The American Institute of Architects (AIA) has announced the creation of a special task force that aims to educate public officials, healthcare facilities, and other architects on how to adapt existing buildings for temporary hospital use. According to a statement published by the group this... View full entry
Thanks to clarifications from California Governor Gavin Newsom, construction work has been classified as one of the state’s “essential” services and will be allowed to proceed, with certain health and social distancing precautions, amid the increasing social and economic shutdown resulting... View full entry
The American Institute of Architects (AIA) has sent a letter to congress asking for aid to small businesses in response to the economic crash resulting from the COVID-19 pandemic. A press release from the AIA highlights that AIA 2020 President Jane Frederick, FAIA, and AIA EVP/Chief... View full entry
As the economic and social fall out from the growing novel coronavirus pandemic continues to take shape, The Architecture Lobby (TAL) has published a letter calling on employers to protect the health and welfare of their workers. The statement, published on the TAL website, implores... View full entry
The American Institute of Architects (AIA) has published its latest Architecture Billings Index (ABI) report, highlighting the healthy demand for design services on the eve of the COVID-19 pandemic. Generally speaking, February's ABI numbers paint a rosy picture for the industry. This, of... View full entry
As society necessarily repositions itself in order to limit the spread of the novel coronavirus (COVID-19), economic analysts are forecasting that the American economy has already entered into a near-term recession. Researchers at the University of California, Los Angeles Anderson School of... View full entry