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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
The newly-released Architecture Billings Index from the American Institute of Architects has indicated a significant decline in billings after posting a total score under 50 for the third month in a row. The October score of 44.3 offers a slight decrease from September’s total of 44.8. The West... View full entry
The data just released in the Dodge Momentum Index (DMI) reporting for the month of October indicate a 1.0% increase to 181.7 over September’s revised total of 180.3. The increase was propelled by a 2.0% rise in the commercial component, while the institutional component dropped by 1.4%. Year... View full entry
Google has scrapped a $15 billion development deal that would have benefitted California’s Silicon Valley with new modern office parks, affordable housing, and mixed-use districts, according to reports published by CNN and Reuters late Friday. The deals struck with Australian multinational... View full entry
The UK-based salary transparency advocates The Pay 100 have released their latest set of survey data on average salaries across UK firms. Expanding upon last year’s inaugural snapshot of results, the 2023 addition also includes data on unpaid overtime. As reported by the Architect’s... View full entry
Construction starts for the month of September declined a total of 6% to a seasonally adjusted annual rate of $1.2 trillion, according to the latest Dodge Construction Network report. The findings come on the heels of a converse 6% increase reported in last month’s index that was driven... View full entry
The latest Architecture Billings Index from the American Institute of Architects for the month of September is showing declines for a second consecutive month to a total score of 44.8 (any score above 50 indicates an increase) following a brief period of stabilization that occurred over the... View full entry
Construction input prices remain marginally higher than one year ago, according to an analysis of U.S. Bureau of Labor Statics Producer Price Index data conducted by the Associated Builders and Contractors (ABC). Overall construction input prices are 0.3% higher than a year ago, while... View full entry