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Total construction starts took a turn in January, falling 27% to a seasonally-adjusted annual rate of $865.6 billion, according to Dodge Construction Network. Last month, nonresidential building starts fell 38%, residential starts decreased by 20%, and nonbuilding starts declined by 16%. Compared... View full entry
The latest billings data from the American Institute of Architects has found there to be a continued albeit slower decline in the demand for design services across January 2023. The reduction is the fourth month in a row where billings declined versus the previous month. According to the latest... View full entry
The price of construction materials rose 1.3% in January 2023 alone, according to new data by Associated Builders and Contractors. In addition to being 1.3% higher than December 2022 figures, the prices are also 4.9% higher than this time last year, the smallest annual increase since January... View full entry
Today, a landmark Mutual Recognition Agreement (MRA) has been reached between the UK’s Architects Registration Board (ARB) and United States’ National Council of Architectural Registration Board (NCARB) that will streamline the registration process for architects in both countries beginning on... View full entry
A consortium of seven international hyperloop companies has formed a new entity called the Hyperloop Association, the group recently announced. The organization was begun in December and expects a royal decree to follow shortly announcing it as a legal entity. The Association says it will be based... View full entry
A new report by Dodge Construction Network has revealed that the Dodge Momentum Index (DMI) fell 8.4% in January to 201.5 from the revised December reading of 220.0. Last month, the commercial component of the DMI fell 10.0%, and the institutional component decreased by 4.7%. The weakness in... View full entry
Michael Graves Architecture is once again expanding in the Mid-Atlantic market with the newly-announced acquisition of the well-known North Carolina-based firm Walter Robbs Callahan & Pierce Architects. The move comes after successive acquisitions of Maryland's Waldon Studio Architects and... View full entry
The non-profit group 4 Day Week Global has published the findings of their trial into the impacts of a four-day workweek on businesses. The trial began in February 2022, when 33 companies enacted a “meaningful work time reduction” for six months without reducing pay. The companies, which... View full entry
New data from the American Institute of Architects has found there to be a continued decrease in the demand for design services across December 2022, continuing a trend that began two months previously. According to the latest Architecture Billings Index for December, the billings score was... View full entry
According to a new Dodge Construction Network report, total construction starts jumped 27% in December to a seasonally adjusted annual rate of $1.185 trillion. This figure is a rebound from a dip in November, which saw an 18% decline. Throughout December, nonresidential building starts increased... View full entry
A pair of unprecedented changes to the UK’s Architects Act 1997 has been announced jointly by the British Department for Levelling Up, Housing and Communities and Architects Registration Board (ARB), ending the reciprocal acceptance of qualifications for EU-trained architects that has been... View full entry
The American Institute of Architects has published a forecast for nonresidential construction spending for 2023 and 2024, in which it projects positive though modest growth. The AIA Consensus Construction Forecast was computed as an average of nine separate forecasts for nonresidential... View full entry
In December, the Dodge Momentum Index (DMI) improved 6.6% to 222.2 from the revised November reading of 208.3. The DMI’s commercial component rose 8.4% and the institutional component increased 2.7% last month. Commercial planning in December was driven by increases across office, warehouse... View full entry
According to a recent analysis of U.S. Census Bureau data by the Associated Builders and Contractors (ABC), national nonresidential construction spending rose 0.9% in November. On a seasonally adjusted annualized basis, spending in this sector totaled $930.1 billion for the month. Across the... View full entry
Archinect’s editorial is no stranger to covering project delays. In the second half of 2022 alone, we covered news of construction setbacks at the International African American Museum, the Lucas Museum of Narrative Art, and the Los Angeles County Museum of Art. However, such high-profile... View full entry