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With the Memorial Day deadline now passed for President Biden’s massive new $2.25 trillion infrastructure bill, architects and planners are watching closely and with interested eyes to see what is included in any future version of the bill that has the potential to make outsized impacts in... View full entry
Continued economic recovery and strengthening confidence are the main takeaways from the latest report released by the American Institute of Architects this morning. After rising to a score of 55.6 in March, the Architecture Billings Index (ABI) for April expanded to 57.9 — the third... View full entry
The Dodge Momentum Index, which rose 8.6% in April, is now at a 12-year high, led by a 77% climb in the institutional category over the last three months. But that positive, which gauges the initial planning of projects and usually precedes actual construction spending by 12 months, was countered by current challenges of soaring material costs and obstinate workforce shortages in the larger construction industry [...] — Construction Dive
According to the most recent Dodge Momentum Index, the April score of 162.4 signals the highest reading in over a decade and suggests a continued recovery of construction spending for nonresidential building projects. "Healthcare and laboratory projects continue to dominate the sector, pushing... View full entry
The American Institute of Architects released its latest economic report this morning, and the overall trajectory is welcome news to the architecture industry: rising to 55.6, the Architecture Billings Index (ABI) for March not only reached its second positive mark since the beginning of the... View full entry
The latest economic report from the American Institute of Architects is indicating a mild sense of optimism: the Architecture Billings Index (ABI) for the month February climbed back into positive territory for the first time since February 2020. At a score of 53.3, the new ABI marked a... View full entry
It’s easy to imagine CLT becoming the next luxury building trend to invade the skylines of rapidly gentrifying cities, giving an eco-friendly excuse for remaking the city in service of maximized profit. [...]
In order for mass timber to truly engage with the regenerative power of forests to help alleviate our current climate predicament, it must be linked to a greater movement towards ecological reformation at all scales.
— Failed Architecture
In his latest piece for Failed Architecture, writer and architect Alexander Hadley takes a critical look at the future economical and environmental impact of the accelerating cross-laminated timber boom. "Building from regenerative materials like trees instead of intensively extracted substances... View full entry
The latest economic study from the American Institute of Architects indicates that fewer architecture firms reported declining billings due to slightly improved business conditions, however overall billings continued to contract. The Architecture Billings Index (ABI) for the month of January... View full entry
A new report details how construction costs have changed across 12 U.S. cities since the coronavirus pandemic began. Broken down by market, all of the U.S. cities in the Rider Levett Bucknall report saw at least small gains, except for Chicago, which experienced a 1.29% decrease in comparative costs from October 2019 to October 2020. — Construction Dive
According to Construction Dive, the new report by construction consultancy firm Rider Levett Bucknall signals a 2.03% increase of the national average for construction costs. The survey tracks the RLB Comparative Cost Index for major cities across the United States and found the biggest cost... View full entry
The American Institute of Architects published the new economic report for the month of December this morning, indicating a considerable decline in demand for design services from U.S. architecture firms. The Architecture Billings Index dropped to a score of 42.6, well below November's 46.3 score... View full entry
The latest economic report from the American Institute of Architects shows a continued decline of architecture firm billing activity. The Architecture Billings Index for the month of November fell below October's, now posting a score of 46.3. The Institute also registered a slowing pace of... View full entry
Architectural billings remained largely unchanged from the previous month during October, reports the American Institute of Architects in its latest Architecture Billings Index (ABI) this morning. The current pace of decline in firm billings was registered at 47.5 — only a mild... View full entry
Last month fewer architecture firms reported a decline in billings, up slightly from previous months, but still lagging behind pre-pandemic numbers. The AIA's Architecture Billings Index (ABI) report for the month of September shows a score of 47.0, indicating that a little over half of... View full entry
The American Institute of Architects (AIA) has published its Architecture Billings Index (ABI) report for the month of August, showing stalled business conditions for architecture firms and a further decline in demand for design services, represented by an unchanged score of 40.0 for the... View full entry
A second supplemental Quarterly Market Forecast (QMF) from PSMJ Resources conducted to gauge the impact of the COVID-19 pandemic on the Architecture Engineering and Construction industry offers somewhat positive news for the month of May. After posting a steep, 27% decline in proposal... View full entry
A new report from the National Bureau of Economic Research, the private non-profit group that "maintains a chronology of the peaks and troughs of U.S. business cycles," indicates that the United States entered a recession in February 2020. The latest report finds that quarterly... View full entry
