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James Corner Field Operations will be continuing under a newly-announced partnership renamed Field Operations after 24 years in reflection of what it says are the diversity, character, and experience of its new leadership team and staff members. The newly branded firm announced its transition from... View full entry
Yahoo! Finance has compiled a list of the highest-paying countries for architects. Using data acquired from the Economic Research Institute (ERI), the outlet “identified the countries with the highest demand for architects and then made a list for 27 countries with the average salaries for... View full entry
The August Dodge Momentum Index (DMI) reading dipped 6.5% to 178 from the revised July reading of 190.3. Over the month, the commercial component of the DMI fell 1.6%, and the institutional component saw a double-digit decline of 14.8%. The notable contraction in the institutional sector was... View full entry
Cybersecurity firm Cisco Talos is warning of the potential for hackers to target architects and other designers with crypto-mining malware. The hacking campaign, which has largely targeted French-speaking architects, engineers, and graphic designers, sees the victim’s computer infected with... View full entry
The AIA has released what it describes as its “most comprehensive report on architecture firm compensation and benefits trends in 15 years.” The 2023 edition of the AIA Compensation & Benefits Report includes an analysis of how firms have addressed rising inflation, staff shortages, increased... View full entry
The American Institute of Architects has just released its Architecture Billings Index for the month of July, highlighting further stability in the demand for design services for the third month in a row. The index score was recorded at 50.0, indicating a flat figure (anything above 50.0 is... View full entry
Construction starts rose a total of 17% for July to a seasonally-adjusted rate of $1.2 trillion, according to the just-released report from Dodge Construction Network. The latest data also indicated a 7% year-to-date drop in total construction starts when compared to the July 2022 totals... View full entry
The latest Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data indicates that increasingly stable construction materials prices and recent supply chain improvements over the past few months may signal "positive... View full entry
Dodge Construction Network’s Dodge Momentum Index (DMI) fell by 0.9% in July to 193.4 from the revised June reading of 195.1. Last month, the commercial component remained relatively flat, declining only by 0.2%, and the institutional component fell 1.9%. Planning in all commercial sectors... View full entry
The report that we just released is showing spending for the year up 20%. So, we’ve obviously seen a much stronger first half of the year than was anticipated. And that’s reflected in the current projection for 2023 as a whole.
Since we’ve seen such a strong first half, the consensus is not for more acceleration in the second half. The consensus seems to be that strength is behind us and we’ll begin to moderate as we move into the second half of the year.
— Construction Dive
Baker predicts institutional construction will remain strong for the rest of this year, bolstered mainly by healthcare. Other sectors he expects to see a rebound include hospitality, K-12, and warehouses, albeit at a dampened pace for the third. He also mentions the new AIA Consensus Construction... View full entry
Total construction starts continue to fluctuate, with a 9% dip in June resulting in a seasonally adjusted annual rate of $1 trillion, according to the latest Dodge Construction Network report. Nonresidential starts led the decline, falling 14%. Nonbuilding starts fell 9%, and residential starts... View full entry
Spending on nonresidential building construction is expected to grow in late 2023 and beyond, according to the AIA’s latest Consensus Construction Forecast. The analysis projects that spending on nonresidential buildings will increase by almost 20% this year, a pace not seen since before the... View full entry
The latest billings data from the American Institute of Architects has found there to be a stable demand for design services across June 2023. The latest figures represent the first time since Fall 2022 that billings remained in positive growth for two consecutive months, indicating that... View full entry
NCARB has released its twelfth annual data report, NCARB by the Numbers, highlighting key trends in architectural education and licensure. The report, derived from NCARB’s database of over 128,000 licensure candidates and architects, shows a 9% rise in the number of architecture license... View full entry
This post is brought to you by Birdview PSA In the world of architecture, where every project is a confluence of art, science, and logistics, resource management practices and discipline stand as the pillars holding the structure together. Without solid resource management practices, even the most... View full entry
