The AIA/Deltek’s latest Architecture Billings Index (ABI) for the month of March has posted a decline to a score of 43.6. The new figures indicate a reversal of February’s “most modest easing.”  The AIA says: "This shows that clients are interested in starting new projects but remain... View full entry

The Federal Trade Commission has announced a rule banning noncompetes in the United States. According to the FTC, the ban seeks to “promote competition” by “protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation.” The rule... View full entry

A new analysis of the latest U.S. Bureau of Labor Statistics Producer Price Index data from the Associated Builders and Contractors (ABC) has shown an increase in the cost of construction input prices of 0.4% for March. In the month, nonresidential construction input prices increased by... View full entry

Autodesk has released a report on the state of digitization and technological adoption across creative industries. The 2024 State of Design & Make Report found that companies see artificial intelligence “as a current tool rather than a futuristic pipe dream.” The report’s findings were... View full entry

The latest Dodge Momentum Index (DMI) information for March has shown a continued decrease in economic activity, dropping 8.6% to a new score of 164.0 from February's revised total of 179.5. Over the month, commercial planning fell 3.2%, while institutional planning dropped 17.2%. The decline in... View full entry

Project abandonments have spiked recently across the country, according to a new analysis of construction project data contained in the ConstructConnect Project Stress Index for the week ending on March 31st. Construction Dive has more on the latest economic indicators impacting nearly every... View full entry

Spending on nonresidential construction declined 1.0% in February to a seasonally adjusted total of $1.179 trillion, according to an Associated Builders and Contractors (ABC) analysis of data published this week by the U.S. Census Bureau.  The figures showed a decrease in spending for 15 of... View full entry

The total value of construction starts for February fell by 8% to a seasonally adjusted annual rate of $1.07 trillion, according to the latest data from Dodge Construction Network.  For the month, nonresidential building starts dropped 16%, while nonbuilding starts were down 3%, and... View full entry

New data from the AIA/Deltek Architecture Billings Index (ABI) for the month of February has revealed a continued decline to a new score of 49.5. The figure, however, represents the "most modest easing" since July 2023 (any score below 50 indicates a decline), suggesting an improvement over the... View full entry

A new analysis of the latest U.S. Bureau of Labor Statistics Producer Price Index data from the Associated Builders and Contractors (ABC) has shown an increase in the cost of construction input prices of 1.4% for February. In the month, nonresidential construction input prices increased by 1.3%... View full entry

Princeton, New Jersey-based Michael Graves Architecture has announced that the firm is expanding once again with the acquisition of Studio Four Design, a successful 17-person operation working with over twenty years of experience on various project types in the Knoxville, Tennessee, market. The... View full entry

The latest Dodge Momentum Index (DMI) information for February has shown a slight decrease in economic activity, dropping 1.4% to a new score of 180.5 from January’s revised total of 183.0. Over the month, commercial planning fell 2.3% while institutional planning ticked up 0.1%. The drop in the... View full entry

The value of construction input prices increased by 1% for the month of January when compared to December’s totals, according to an Associated Builders and Contractors (ABC) analysis of the latest U.S. Bureau of Labor Statistics Producer Price Index data. For the month, nonresidential... View full entry

The latest construction starts statistics revealed by Dodge Construction Network for January report that the total number of starts grew 1% to a seasonally adjusted annual rate of $1.16 trillion.  Nonbuilding starts rose 9% during the month, while nonresidential building starts fell by... View full entry

The latest data contained in the AIA/Deltek Architecture Billings Index (ABI) for the month of January has shown a slight increase from December's 45.4 total to a new score of 46.2, signaling a continued weakening in business conditions as we enter 2024 following a year of heavy economic... View full entry