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The American Institute of Architects (AIA) has partnered with Oldcastle BuildingEnvelope in releasing a new report titled Business Opportunities & Sustainability Trends Amidst a Pandemic, studying the impact of COVID-19 on design firm business conditions. The report, which is freely available via... View full entry
Before the Covid-19 pandemic forced most office workers to indefinitely take their work home, the New York-based WeWork had a dramatic rise and fall. With a widely-reported, botched IPO in 2019, the office space company’s ascent was emblematic of an unprecedented alliance between data, finance... View full entry
Continued economic recovery and strengthening confidence are the main takeaways from the latest report released by the American Institute of Architects this morning. After rising to a score of 55.6 in March, the Architecture Billings Index (ABI) for April expanded to 57.9 — the third... View full entry
The Dodge Momentum Index, which rose 8.6% in April, is now at a 12-year high, led by a 77% climb in the institutional category over the last three months. But that positive, which gauges the initial planning of projects and usually precedes actual construction spending by 12 months, was countered by current challenges of soaring material costs and obstinate workforce shortages in the larger construction industry [...] — Construction Dive
According to the most recent Dodge Momentum Index, the April score of 162.4 signals the highest reading in over a decade and suggests a continued recovery of construction spending for nonresidential building projects. "Healthcare and laboratory projects continue to dominate the sector, pushing... View full entry
The American Institute of Architects released its latest economic report this morning, and the overall trajectory is welcome news to the architecture industry: rising to 55.6, the Architecture Billings Index (ABI) for March not only reached its second positive mark since the beginning of the... View full entry
This post is brought to you by BQE Software The investment further enhances the company's position as a technology leader for professional service firms. BQE, a leading cloud-based software provider to professional service firms, recently announced that the company received a significant... View full entry
The latest economic report from the American Institute of Architects is indicating a mild sense of optimism: the Architecture Billings Index (ABI) for the month February climbed back into positive territory for the first time since February 2020. At a score of 53.3, the new ABI marked a... View full entry
This post is brought to you by BQE Core As architects, nearly everything we do is associated with a project. As a project-centric business, understanding which key performance indicators (KPIs) are meaningful is only half the battle. What is equally important is having a system in place that... View full entry
The latest economic study from the American Institute of Architects indicates that fewer architecture firms reported declining billings due to slightly improved business conditions, however overall billings continued to contract. The Architecture Billings Index (ABI) for the month of January... View full entry
A new report details how construction costs have changed across 12 U.S. cities since the coronavirus pandemic began. Broken down by market, all of the U.S. cities in the Rider Levett Bucknall report saw at least small gains, except for Chicago, which experienced a 1.29% decrease in comparative costs from October 2019 to October 2020. — Construction Dive
According to Construction Dive, the new report by construction consultancy firm Rider Levett Bucknall signals a 2.03% increase of the national average for construction costs. The survey tracks the RLB Comparative Cost Index for major cities across the United States and found the biggest cost... View full entry
The American Institute of Architects published the new economic report for the month of December this morning, indicating a considerable decline in demand for design services from U.S. architecture firms. The Architecture Billings Index dropped to a score of 42.6, well below November's 46.3 score... View full entry
The latest economic report from the American Institute of Architects shows a continued decline of architecture firm billing activity. The Architecture Billings Index for the month of November fell below October's, now posting a score of 46.3. The Institute also registered a slowing pace of... View full entry
Architectural billings remained largely unchanged from the previous month during October, reports the American Institute of Architects in its latest Architecture Billings Index (ABI) this morning. The current pace of decline in firm billings was registered at 47.5 — only a mild... View full entry
Last month fewer architecture firms reported a decline in billings, up slightly from previous months, but still lagging behind pre-pandemic numbers. The AIA's Architecture Billings Index (ABI) report for the month of September shows a score of 47.0, indicating that a little over half of... View full entry
In most recent years, architecture & design firms have invested more and more money into technology. Though the consensus amongst the industry is that these investments are necessary, questions often arise: Am I do I making good use of my investment? How do I measure ROI? And certainly, how do I... View full entry
