The latest data from Dodge Construction Network has shown an impressive 20% growth in new construction starts to a seasonally adjusted annual rate of $1.2 trillion for the month of December, offering encouraging statistics for the industry in a turnaround from November’s ten-month low. For the... View full entry

Building permits and construction starts for residential projects in the United States declined by approximately 10% in 2023 versus 2022, according to new data by the U.S. Census Bureau. An estimated 1,469,800 housing units were authorized by building permits in 2023, which is 11.7% lower than in... View full entry

The notion that factory-built modular homes can serve as the salvation to America's vexing housing crisis has increasingly come under scrutiny, a report summarized recently in Business Insider. A crippling lack of widespread success for modular housing startups can be attributed to state and... View full entry

The latest Associated Builders and Contractors (ABC) construction input price analysis for the month of December has registered a 0.6% decrease over November’s trend-reversing totals. Nonresidential construction input prices were down another 0.4%, with the commercial and multifamily sectors... View full entry

The latest Dodge Momentum Index (DMI) has posted an increase of 3% for December to a new total of 186.6, showing a marked improvement over November’s revised figure of 181.5.  For the month, commercial planning grew 1.0%, and institutional planning improved 6.1%. Hotels and data centers... View full entry

Kansas City-based architecture firm BNIM recently announced its decision to transition to an employee stock ownership plan (or ESOP) and trust.  The move was made in the fall and was brought about by an apparent desire to hand over control to younger employees, its senior leadership says... View full entry

Real estate website The Real Deal has compiled a list of the busiest architecture firms in New York City across 2023. The ranking sees architects listed based on their role as architects of record for permit applications filed for new buildings and renovations measuring more than 5,000 square feet... View full entry

Spending on nonresidential construction dropped by 0.1% in November in a reversal of a 17-month growth period for the sector, according to an analysis of new U.S. Census Bureau data from the industry group Associated Builders and Contractors (ABC). The total amount of spending in the sector was... View full entry

The architecture industry was impacted this year by market volatility, rising interest rates, and evolving labor dynamics. This unusual business climate was reflected not only in the Architecture Billings Index (ABI) and the Dodge Momentum Index (DMI) but also in the pattern of job... View full entry

At the end of last year, we described 2022 as the year that “architecture’s labor movement roared back to life.” In 2023, the movement kept the volume on 'high.' Across the U.S. and internationally, reforms in labor conditions continued from the top down and the bottom up. Throughout the... View full entry

Construction starts for the month of November fell by 15% to new ten-month lows at a seasonally adjusted annual rate of $927 billion, according to the latest figures from the Dodge Construction Network.  For the month, nonresidential building starts fell 29%, residential starts lost 6%, and... View full entry

The American Institute of Architects has released new Architecture Billings Index data for the month of November, indicating a further softening of business conditions with a score below 50 recorded for what is now the fourth month in a row.  The new 45.3 score for the month is still a full... View full entry

The latest Dodge Momentum Index (DMI) for November has indicated a 1% drop to 179.2 a month after posting a revised total of 181.7 for October that was propelled by gains in the commercial sector. Over November, both the commercial and institutional components fell by 1%. DCN says these results... View full entry

The American Institute of Architects has published its latest quarterly report on residential design in the United States. The AIA Home Design Trends Survey for Q4 2023 focused on the theme ‘neighborhood and community design,’ and revealed a desire among clients for simpler detailing on home... View full entry

New data from the Dodge Construction Network has construction starts falling 7% in October to a seasonally adjusted annual rate of $1.1 trillion. The figures follow September’s 6% decline and represent another 4% year-to-year decline when compared to the same data sets from October 2022. ... View full entry