flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: July 2, 2020

Market Data

6 must reads for the AEC industry today: July 2, 2020

Construction spending declines 2.1% in May and how physical spaces may adapt to a post-COVID world.


By BD+C Editors | July 2, 2020


1. Are hospitals prepared for the next pandemic? (BD+C) 
"Caught off guard by COVID-19, healthcare systems take stock of the capacity and preparedness."

2. Construction spending declines 2.1% in May as drop in private work outweighs public pickup (AGC) 
"Construction spending declined for the third month in a row in May as a sharp slowdown in private projects more than offset a rise in public work, according to an analysis by the Associated General Contractors of America of government data released today."

3. COVID-19 public health guidelines may be downplaying building systems solutions (BD+C)
"Emphasis on cleaning surfaces overlooks importance of mechanical infrastructure."

4. Blackstone CEO Stephen Schwarzman forecasts 'big V' economic recovery this summer (Business Insider)
"Economic reopenings will drive the first bounce-back but fail to completely bring the US back to 2019 levels of activity, he said during the Bloomberg Invest Global virtual conference."

5. How physical spaces may adapt to a post-COVID world (Forbes)
"Lots of questions are being asked about how life will change in the wake of COVID-19. Because physical distancing is a big part of that conversation, designers of physical spaces are among those expected to supply answers."

6. What, us worry? Multifamily developers sanguine about supply (Bisnow)
"Booming multifamily housing production, a pandemic and increasingly difficult restrictions on tours and amenities don't have the sector's biggest developers worried, they say."



 

Related Stories

Market Data | Feb 3, 2021

Construction spending diverges in December with slump in private nonresidential sector, mixed public work, and boom in homebuilding

Demand for nonresidential construction and public works will decline amid ongoing pandemic concerns.

Market Data | Feb 1, 2021

The New York City market is back on top and leads the U.S. hotel construction pipeline

New York City has the greatest number of projects under construction with 108 projects/19,439 rooms.

Market Data | Jan 29, 2021

Multifamily housing construction outlook soars in late 2020

Exceeds pre-COVID levels, reaching highest mark since 1st quarter 2018.

Market Data | Jan 29, 2021

The U.S. hotel construction pipeline stands at 5,216 projects/650,222 rooms at year-end 2020

At the end of Q4 ‘20, projects currently under construction stand at 1,487 projects/199,700 rooms.

Multifamily Housing | Jan 27, 2021

2021 multifamily housing outlook: Dallas, Miami, D.C., will lead apartment completions

In its latest outlook report for the multifamily rental market, Yardi Matrix outlined several reasons for hope for a solid recovery for the multifamily housing sector in 2021, especially during the second half of the year.

Market Data | Jan 26, 2021

Construction employment in December trails pre-pandemic levels in 34 states

Texas and Vermont have worst February-December losses while Virginia and Alabama add the most.

Market Data | Jan 19, 2021

Architecture Billings continue to lose ground

The pace of decline during December accelerated from November.

Market Data | Jan 19, 2021

2021 construction forecast: Nonresidential building spending will drop 5.7%, bounce back in 2022

Healthcare and public safety are the only nonresidential construction sectors that will see growth in spending in 2021, according to AIA's 2021 Consensus Construction Forecast.

Market Data | Jan 13, 2021

Atlanta, Dallas seen as most favorable U.S. markets for commercial development in 2021, CBRE analysis finds

U.S. construction activity is expected to bounce back in 2021, after a slowdown in 2020 due to challenges brought by COVID-19.

Market Data | Jan 13, 2021

Nonres construction could be in for a long recovery period

Rider Levett Bucknall’s latest cost report singles out unemployment and infrastructure spending as barometers.

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