flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: August 19, 2020

Market Data

6 must reads for the AEC industry today: August 19, 2020

July architectural billings remained stalled and Florida becomes third state to adopt concrete repair code.


By BD+C Editors | August 19, 2020


1. Nonres construction industry won’t start growing again until next year’s third quarter (BD+C) 
"This report includes a section that specifically evaluates the impact of the pandemic on construction. JLL found that 93% of ongoing construction work had been in jurisdictions with stay-at-home orders that covered most of the U.S. population and jobsites."

2. July architectural billings remained stalled (AIA) 
"The pace of decline during July remained at about the same level as in June with both months posting an ABI score of 40.0 (any score below 50 indicates a decline in firm billings). While firms reported a modest decline for inquiries into new projects—slipping from 49.3 in June to 49.1 in July— newly signed design contracts declined more critically, falling from a June level of 44.0 to 41.7 in July."

3. Florida becomes the third state to adopt concrete repair code (BD+C) 
"ACI 562-19 Code Requirements for the Assessment, Repair and Rehabilitation of Existing Concrete Structures will be effective Dec. 31, 2020, when the seventh edition of the Florida Building Code becomes law."

4. Starting a design firm (LOA podcast) 
"In today’s episode, we are talking about starting your own design firm—something that I think every architect walking the planet has thought about at various times throughout their career."

5. Demand for hotels is flattening as hotel owners burn through millions in cash reserves (Bisnow)
"Major U.S. hotel companies lost hundreds of millions of dollars in the spring as they gradually reopened hotels this summer to low demand, and their leaders expect there could be a long road back to profitability."

6. New York’s true nursing home death toll cloaked in secrecy (Associated Press)
“New York’s coronavirus death toll in nursing homes, already among the highest in the nation, could actually be a significant undercount. Unlike every other state with major outbreaks, New York only counts residents who died on nursing home property and not those who were transported to hospitals and died there.”

 

Related Stories

AEC Tech | Dec 8, 2020

COVID-19 affects the industry’s adoption of ConTech in different ways

A new JLL report assesses which tech options got a pandemic “boost.”

Market Data | Dec 7, 2020

Construction sector adds 27,000 jobs in November

Project cancellations, looming PPP tax bill will undercut future job gains.

Market Data | Dec 3, 2020

Only 30% of metro areas add construction jobs in latest 12 months

Widespread project postponements and cancellations force layoffs.

Market Data | Dec 2, 2020

New Passive House standards offers prescriptive path that reduces costs

Eliminates requirement for a Passive House consultant and attendant modeling.

Market Data | Dec 2, 2020

Nonresidential construction spending remains flat in October

Residential construction expands as many commercial projects languish.

Market Data | Nov 30, 2020

New FEMA study projects implementing I-Codes could save $600 billion by 2060

International Code Council and FLASH celebrate the most comprehensive study conducted around hazard-resilient building codes to-date.  

Market Data | Nov 23, 2020

Construction employment is down in three-fourths of states since February

This news comes even after 36 states added construction jobs in October.

Market Data | Nov 18, 2020

Architecture billings remained stalled in October

The pace of decline during October remained at about the same level as in September.

Market Data | Nov 17, 2020

Architects face data, culture gaps in fighting climate change

New study outlines how building product manufacturers can best support architects in climate action.

Market Data | Nov 10, 2020

Construction association ready to work with president-elect Biden to prepare significant new infrastructure and recovery measures

Incoming president and congress should focus on enacting measures to rebuild infrastructure and revive the economy.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021