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New analytic reporting on U.S. Bureau of Labor Statistics Producer Price Index data for May from the Associated Builders and Contractors (ABC) has documented an overall 0.9% decrease in construction input prices. For the month, nonresidential construction input prices fell by 0.8%. Overall... View full entry
Data centers, data centers, and more data centers (and sports facilities). Those are the industry's leading commercial projects, according to a CoStar.com analysis of the financial data included in the Architectural Record’s new accounting of the 300 top-performing firms globally. The agility of... View full entry
Less attention, though, has been paid to rental housing, particularly for low and moderate income people. Unlike market-rate apartment developers, those building multifamily projects financed by subsidies and tax credits do not have the ability to simply pass on those higher insurance costs to tenants, since they are limited by government guidelines as to how much rent they can collect. — The New York Times
The Times points out, many “low-income areas tend to be more prone to flooding and other catastrophic damage” – meaning that resilient design strategies often have to be added to the list of considerations for architects and their clients (as the ASLA’s most recent industry survey proves)... View full entry
Boston-based design and architecture firm RODE Architects has announced the acquisition of McMahon Architects, a full-service practice that specializes in workplace interiors, hospitality, restaurant, residential, and environmental design. The acquisition aims to strengthen RODE’s capabilities... View full entry
In a new analysis of U.S. Census Bureau data by the Associated Builders and Contractors, national nonresidential construction spending decreased 0.3% in April to a seasonally adjusted total of $1.20 trillion. It follows March's slight increase of 0.2%. Spending fell on a monthly basis in 10 of the... View full entry
It's not too late to participate in our recently launched survey on the community’s perception of the current business conditions in architecture. The deadline to submit your anonymous responses is in 1 week. We will analyze your valuable insights and publish the findings on Archinect in the... View full entry
The total number of construction starts in America rose 6% to a seasonally adjusted rate of $1.13 trillion for April, according to the latest data in Dodge Construction Network’s monthly reporting. For the month, nonresidential building starts gained 17%. The number of nonbuilding starts was 4%... View full entry
In case you missed it, we recently launched a survey to check in on the community’s feelings about the current business conditions in architecture. If you haven’t had a chance to fill it out yet, we’d love to hear from you! Your insights are invaluable in helping us gauge the current state... View full entry
The new AIA/Deltek Architecture Billings Index (ABI) for April has reported a new score of 48.3, indicating a continued decrease in economic activity while posting an improvement over March’s previously reported total of 43.6. For the month, inquiries into new projects continued to increase... View full entry
The latest analysis of U.S. Bureau of Labor Statistics Producer Price Index data for April from the Associated Builders and Contractors (ABC) shows a 0.5% increase in construction input prices. For the month, nonresidential construction input prices increased by 0.6%. Overall construction and... View full entry
Statistics revealed in the latest Deltek Clarity Architecture & Engineering Industry Study have indicated wide optimism about the use of AI technology, even as most firms struggle to determine where and how to apply emerging trends in the face of prevailing economic headwinds. According to... View full entry
Project abandonments remain on an upswing across the country, according to an analysis of construction project data in the latest ConstructConnect Project Stress Index for the week ending April 27th. Over the past month, Delayed Bid, On Hold, and Abandoned activity have increased by 4%, 7%... View full entry
The latest Dodge Momentum Index (DMI) has shown an increase of 6.1% for April to a new score of 173.9. For the month, commercial planning improved by 12.6%, while institutional planning dropped by 6.3%. Year-over-year, the DMI is now 1% lower than it was in April of 2023. Planning in the... View full entry
An analysis of U.S. Census Bureau data from the Associated Builders and Contractors (ABC) has shown nonresidential construction spending to have increased moderately by 0.2% in March. It follows February's decline of 1.0%. On a seasonally adjusted annualized basis, nonresidential spending now... View full entry
Construction starts for March have dropped by 1% to a seasonally adjusted annual rate of $1.06 trillion, according to the latest figures released in Dodge Construction Network's new Construction Starts Index. For the month, nonresidential building starts went down 9%, while nonbuilding... View full entry
