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According to new Dodge Construction Network data, total construction starts fell 4% in April to a seasonally adjusted annual rate of $1.04 trillion. This marks a slowdown after two consecutive months of increases. Nonresidential starts led the decline, falling 22%. This was balanced by a 7% rise... View full entry
Brooklyn-based SO – IL has announced that it has attained B Corp certification. SO – IL is one of 69 B Corporation architecture firms certified across the U.S., and 167 worldwide, recognizing businesses that balance financial success with positive social and environmental impact. “We are... View full entry
New data from the latest Dodge Momentum Index (DMI) has shown a decline of 5.1% to 180.9 for April, continuing a downward trend in the wake of March’s revised total of 190.6 that has been led largely by economic turmoil in the commercial planning sector. The data showed an 8.0% decline in the... View full entry
March data from the Dodge Construction Network (DCN) has shown an increase in construction starts of 19% to what is now a three-month high despite concerns over the industry’s ties with Silicon Valley Bank following the financial institution’s controversial collapse at the beginning of the... View full entry
New data from the American Institute of Architects' latest Architecture Billings Index (ABI) shows an increase for the month of March, ending a five-month streak of declines in spite of a slight decrease in the overall number of new contracts during the same 30-day period. The billings score for... View full entry
Deborah Berke Partners has relaunched as TenBerke in a move that the firm says “re-articulates our ethics-based vision for our practice.” The new name, which still retains the surname of founder Deborah Berke, seeks to evoke ideas of multiples and multiplicity, reflecting how the firm sees the... View full entry
A new Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data has shown a year-to-year decline in the cost of construction input prices for the first time in 18 months. Overall construction input prices are now 0.9% lower compared to March of... View full entry
U.S. contractors are struggling to meet the demand for nonresidential construction projects, according to new reporting by The Wall Street Journal. Despite a decline in residential construction triggered by rising interest rates, contractors have reported that spending on nonresidential projects... View full entry
The Dodge Momentum Index (DMI) continued its seesawing trend in March, falling 8.6% to 183.7 from the revised February reading of 201.0. Last month, the DMI’s commercial component fell 6.6%, and the institutional component fell 12.9%. The dip in commercial planning was attributed to fewer... View full entry
A new report predicts that the global market for artificial intelligence in construction will experience significant growth in the next decade. The analysis by Research Dive reports that the market will grow by 34.1% by 2031 fuelled by AI-driven solutions and services, both on-site and... View full entry
A new Mutual Recognition Agreement (MRA) has recently been signed between the UK’s Architects Registration Board (ARB), the Architects Accreditation Council of Australia (AACA), and the New Zealand Registered Architects Board (NZRAB). This follows the MRA reached between the ARB and the... View full entry
The American Institute of Architects has published its latest quarterly report on residential design. The AIA Home Design Trends Survey for Q1 2023 revealed evolving trends in kitchen and bathroom design, where homeowners have moved toward electric appliances and are making decisions based on... View full entry
Michael Graves Architecture has expanded once again with its newly-announced acquisition of Washington, D.C.’s PGN Architects (PGN). The addition marks their fourth such move in the past twelve months, following successive mergers with Mid-Atlantic firms Waldon Studio Architects, Jose... View full entry
The latest data from the Dodge Construction Network (DCN) indicates a 6% rise in total construction starts for February, reversing January’s declines to a new seasonally adjusted annual rate of $912.8 billion. During the month, residential and nonresidential building starts rose by 11% and 9%... View full entry
New data from the U.S. Commerce Department indicates a rebound in the single-family housing starts for February in what could be a sliver of hope for the market still reeling from historically high-interest rates. According to Reuters, the data shows a positive (7.6%) increase in single-family... View full entry