According to CBRE's new 2022 U.S. Construction Cost Trends report, nationwide industry price levels have posted the largest increase in years, driven by labor shortages, inflation, supply chain disruptions, the ongoing impact of the pandemic, and the war in Ukraine.  CBRE forecasts a... View full entry

New research suggests that the global market for construction robotics will triple by 2030. The figures, generated by Straits Research, predict that the construction robotics market will grow from its current $50 million value to reach $164 million by the end of the decade, increasing at a... View full entry

Demand for design services at architecture firms across the U.S. has increased for the eighteenth consecutive month in July, according to new data from the American Institute of Architects (AIA). The Architecture Billings Index (ABI) reported a score of 51.0 last month. While this reading is... View full entry

According to the Dodge Construction Network (DCN), total construction starts surged 48% in July to a seasonally adjusted annual rate of $1.36 trillion. The gain is due to the start of three large manufacturing plants and two Liquefied Natural Gas (LNG) export facilities. Even without these... View full entry

The number of unfilled positions in the construction industry appears to be falling, according to new figures by the Associated Builders and Contractors (ABC). June 2022 saw 334,000 unfilled positions in the sector, down 17% on the previous month, but still 4% higher than June 2021. ABC’s... View full entry

The Dodge Momentum Index hit a 14-year high in June and recorded another 2.9% increase in July. The index now stands at 178.7, up from June’s figure of 173.6. “Commercial planning in July was led by an increase in data center, office and warehouse projects, while fewer education and... View full entry

Demand for architectural design services has expanded for the seventeenth consecutive month, according to the latest economic report released by the American Institute of Architects. The Architecture Billings Index (ABI) for June reached a score of 53.2, softening only slightly from May's score of... View full entry

In June, total construction starts fell 5% to a seasonally adjusted annual rate of $932.3 billion, according to a new Dodge Construction Network report. Nonresidential building starts fell 14%, and residential starts dropped 6%. Nonbuilding starts, on the other hand, gained 13% last month due to... View full entry

In late 2021, we covered the emergence of HOKO Design, a UK-based startup that seeks to become “the first household name for residential architecture.” Part of HOKO’s thesis to become “the homeowner’s architect” is to streamline the client experience of residential design and... View full entry

On July 26th, voting closes for the election of the next RIBA president. When the winner commences their two-year term as president on September 1st, 2023, they will be confronted with a list of burning issues across the UK’s architectural profession; and will be expected to publicly lead a... View full entry

As Archinect has explored through numerous feature articles, the U.S. architecture profession faces deep ongoing challenges surrounding salaries, fee levels, and work-life balances. In a sign that such conditions are not confined to the U.S., recent years have seen architectural worker movements... View full entry

The latest data from the American Institute of Architects shows a continued increase in a homebuilding trend that began in the throes of the pandemic and has not abated in the face of supply-chain shortages and several countervailing trends in the residential construction market. According to... View full entry

One year after the failure of the ambitious construction startup Katerra, another construction technology company is seeking to pick up the mantle as a leader in sustainable, modular, prefabricated construction.  Based in Vancouver, Nexii Building Solutions has been described by The New York... View full entry

In a new Dodge Construction Network report, total construction starts rose 4% in May to a seasonally-adjusted annual rate of $979.5 billion. Nonresidential building starts rose 20%, while residential and nonbuilding starts declined 4% and 2%, respectively.  In the first five months of... View full entry

The American Institute of Architects’ latest economic data shows that May was the sixteenth consecutive month of growing demand for design services across the U.S. The Architecture Billings Index for May, which uses feedback from architecture firms, finished at a score of 53.5. While down on... View full entry