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According to a recently released analysis of U.S. Bureau of Labor Statistics Producer Price Index data by Associated Builders and Contractors (ABC), construction input prices have fallen 0.9% in November from October readings. Additionally, nonresidential construction input prices fell 0.8% in... View full entry
The Dodge Momentum Index (DMI) for November showed a steady increase of 3.8% to 207.2, marking the third consecutive month of growth following September and October’s revised totals of 182.2 and 199.6, respectively. The reported increases in planning activity were propelled by commercial... View full entry
According to a new Dodge Construction Network report, total construction starts rose 8% in October to a seasonally adjusted annual rate of $1.12 trillion. This is a rebound following two consecutive months of decline. Last month, nonresidential building starts gained 9% and nonbuilding starts... View full entry
The Dodge Construction Network has produced a forecast for the U.S. construction sector for 2023, in which it signals a slowdown across many typologies. Overall, the dollar value of construction starts will be $1.08 trillion, which, though unchanged from 2022, represents a 3% dip when adjusted for... View full entry
The data contained in the latest Architecture Billings Index (ABI) from the American Institute of Architects (AIA) shows a "considerable" decrease in the demand for design services across the industry in a sign that points to the arrival of a long-dreaded turndown for firms heading into... View full entry
Following last week’s look at an opening for a Designer / Project Coordinator at Cliff Garten Studio, we are using our Job Highlights series this week to explore an open role on Archinect Jobs for a Design Lead at Den Outdoors. The successful applicant will join Den’s small, fully-remote team... View full entry
Design projects involving the renovation, rehabilitation, extension, or preservation of existing buildings account for 48% of billings at U.S. architecture firms according to an AIA survey. The findings, which form part of the 2022 AIA Firm Survey: The Business of Architecture, continues a trend... View full entry
The Dodge Momentum Index (DMI) continued to steadily rise in October, with a 9.6% boost to 199.7 from the revised September reading of 182.2. This increase was driven by a 13% and a 2.9% rise in the commercial building and institutional building components, respectively. As detailed by Dodge... View full entry
A UK-based organization dedicated to salary transparency in architecture has published its first snapshot of salary results following hundreds of grassroots submissions. As we reported in October, The Pay 100 is calling on architecture workers in the UK to submit their salaries to the group, who... View full entry
It’s the first time in the 20 years the AIA has collected this data that renovations have breached 50%. In 2005, toward the end of a pre-recession building boom, renovations made up approximately one-third of billings. That share has been increasing steadily since 2017, when it was 44.4%, up to 52% this year. Kermit Baker, the AIA’s chief economist, says that the last time the market for design services was so heavily weighted toward renovations was likely during the Great Depression. — Bloomberg
According to Baker, about 25% of renovation projects constitute interior remodels, while adaptive reuse schemes make up another quarter of those registered with the AIA. Just 3.8% are done in the interest of improved building energy performance, with a scant 1.6% being resiliency projects. The... View full entry
The latest data from the Dodge Construction Network (DCN) has revealed a 19% decline in the total number of construction starts for September, marking the second consecutive month in which declines were recorded following a 48% increase in July. The new seasonally adjusted annual rate is now $... View full entry
New data from the American Institute of Architects (AIA) September Architecture Billings Index (ABI) indicates an increase in the demand for design services for the 20th consecutive month as the industry continues its positive growth into the year's final quarter. For September, the ABI was at... View full entry
A leading economist in the AEC industry has warned that the United States' housing sector has entered a recession, with ramifications for homebuilding in the coming years. Robert Dietz, chief economist at the National Association of Home Builders (NAHB), made the comments at the National... View full entry
A worker-led organization has launched in the United Kingdom with the aim of improving salary transparency in the architecture profession. The Pay 100, founded earlier this year, is currently calling on architecture workers in the UK to submit their salaries to the group, who will ultimately... View full entry
Burnout. Fatigue. Anxiety. Mental health. These words have become integrated into the everyday lives of architects, especially since the beginning of the Covid-19 pandemic, looming economic crises, and socio-political injustices taking place globally the state of mental health among individuals... View full entry
