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

Multifamily Housing | Nov 7, 2019

Multifamily construction market remains strong heading into 2020

Fewer than one in 10 AEC firms doing multifamily work reported a decrease in proposal activity in Q3 2019, according to a PSMJ report.

Market Data | Nov 5, 2019

Construction and real estate industry deals in September 2019 total $21.7bn globally

In terms of number of deals, the sector saw a drop of 4.4% over the last 12-month average.

Market Data | Nov 4, 2019

Nonresidential construction spending rebounds slightly in September

Private nonresidential spending fell 0.3% on a monthly basis and is down 5.7% compared to the same time last year.

Market Data | Nov 1, 2019

GDP growth expands despite reduction in nonresident investment

The annual rate for nonresidential fixed investment in structures declined 15.3% in the third quarter.

Market Data | Oct 24, 2019

Architecture Billings Index downturn moderates as challenging conditions continue

The Architecture Billings Index (ABI) score in September is 49.7.

Market Data | Oct 23, 2019

ABC’s Construction Backlog Indicator rebounds in August

The primary issue for most contractors is not a lack of demand, but an ongoing and worsening shortage of skilled workers available to meet contractual requirements.

Multifamily Housing | Oct 16, 2019

A new study wonders how many retiring adults will be able to afford housing

Harvard’s Joint Center for Housing Studies focuses on growing income disparities among people 50 or older.

Market Data | Oct 9, 2019

Two ULI reports foresee a solid real estate market through 2021

Market watchers, though, caution about a “surfeit” of investment creating a bubble.

Market Data | Oct 4, 2019

Global construction output growth will decline to 2.7% in 2019

It will be the slowest pace of growth in a decade, according to GlobalData.

Market Data | Oct 2, 2019

Spending on nonresidential construction takes a step back in August

Office, healthcare, and public safety are among the fastest-growing sectors, according to the U.S. Census Bureau's latest report. 

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