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Demand for architectural design services has grown for the ninth consecutive month, according to the latest economic report released by the American Institute of Architects. The Architecture Billings Index (ABI) for October remained at an elevated, positive score of 54.3, softening only slightly... View full entry
At the end of September, we released the results of our survey of the architectural community’s plans to return to the office after the COVID-19 pandemic. At the time, only 29% of respondents said that their firms required all staff to return to in-studio working, with 15% still required to work... View full entry
Non-residential building projects entering planning stage across the United States are showing strong signs of recovery, according to data from Dodge Construction Network. The latest iteration of the Dodge Momentum Index notes a 10% increase in non-residential building projects in planning through... View full entry
A new study published by Dodge Data & Analytics, in partnership with Autodesk, has concluded that stronger BIM use on architectural projects results in higher client satisfaction. The findings, set out in the free Accelerating Digital Transformation Through BIM SmartMarket Report, offers an... View full entry
Total construction starts across the United States rose 10% during September 2021 versus the previous month, according to new data from Dodge Construction Network. The 10% figure is an amalgamation of residential building starts, nonresidential building starts, and nonbuilding starts, all of which... View full entry
The American Institute of Architects released its latest report this morning, marking the eighth consecutive month of increasing architecture billings as a sign of continued economic recovery for the industry. The Architecture Billings Index (ABI) score for September was 56.6, a one-point... View full entry
Worries about the giant developer’s ability to repay its debt and a total of $300 billion in liabilities have put global investors on edge. Beyond the company itself, there are worries about a potential spillover into the rest of China’s real estate industry or economy. — CNBC
Evegrande missed another round of payments last Monday, setting it back again ahead of Wednesday’s scheduled $47.5 million interest payment. Investors are blindly looking for a government bailout, but financial experts remain uncertain as to its prospects. The company says it plans to go forward... View full entry
The National Council of Architectural Registration Boards (NCARB) has released a statement reaffirming its opposition to unpaid internships in architecture as well as offering advice for how firms and students can help combat the issue. Under NCARB’s licensure rules, employers are required to... View full entry
Foster + Partners, the largest architecture firm based in the United Kingdom, has announced a new partnership with a Canadian private family investment firm. The partnership with the Canadian firm, named Hennick & Company, sees the Hennick family now become the largest shareholder of Foster +... View full entry
Since lumber, steel, and other construction material costs began skyrocketing during the summer of 2021, Archinect has followed the ongoing fluctuation of construction costs. During our July construction coverage, the cost of lumber began to drop, which brought a slight glimmer of relief... View full entry
A new economic report released by the American Institute of Architects this morning indicates the seventh consecutive month of increasing architecture billings. The Architecture Billings Index (ABI) rose by one point from 54.6 in July to 55.6 in August. New project inquiries and design contracts... View full entry
The AIA has released the latest edition of its Home Design Trends Survey, covering the category of “home features.” The report found that quarantines, working from home, and climate change are among the factors contributing to changing home design trends. Among the key findings from the report... View full entry
Chicago Business is reporting that an LLC related to the firm founded by recently deceased architect Helmut Jahn is filing for Chapter 7 bankruptcy in an unfurling landlord-tenant dispute that began taking shape during the pandemic. Jahn LLC reported gross revenues under $13,000 last year and has... View full entry
The American Institute of Architects (AIA) has released the latest edition of their biannual Compensation Report, offering an insight into the impact of the COVID-19 pandemic on architectural salaries. The report found that despite a steep economic recession during the first half of 2020, salaries... View full entry
Construction input prices have risen by 23.1% within the last 12 months, according to an analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data, carried out by the Associated Builders and Contractors. For non-residential construction, this increase totaled 23.4% over... View full entry