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 | Jun 3, 2019

4.1% annual growth in office asking rents above five-year compound annual growth rate

Market has experienced no change in office vacancy rates in three quarters.

Market Data | May 30, 2019

Construction employment increases in 250 out of 358 metros from April 2018 to April 2019

Demand for work is outpacing the supply of workers.

Market Data | May 24, 2019

Construction contractors confidence remains high in March

More than 70% of contractors expect to increase staffing levels over the next six months.

Market Data | May 22, 2019

Slight rebound for architecture billings in April

AIA’s ABI score for April showed a small increase in design services at 50.5 in April.

Market Data | May 9, 2019

The U.S. hotel construction pipeline continues to grow in the first quarter as the economy shows surprising strength

Projects currently under construction stand at 1,709 projects/227,924 rooms.

Market Data | May 9, 2019

Construction input prices continue to rise

Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis.

Market Data | May 7, 2019

Construction costs in major metros continued to climb last year

Latest Rider Levett Bucknall report estimates rise at more than double the rate of 2018 Growth Domestic Product.

Market Data | Apr 29, 2019

U.S. economic growth crosses 3% threshold to begin the year

Growth was fueled by myriad factors, including personal consumption expenditures, private inventory investment, surprisingly rapid growth in exports, state and local government spending and intellectual property.

Market Data | Apr 18, 2019

ABC report: 'Confidence seems to be making a comeback in America'

The Construction Confidence Index remained strong in February, according to the Associated Builders and Contractors.

Market Data | Apr 16, 2019

ABC’s Construction Backlog Indicator rebounds in February

ABC's Construction Backlog Indicator expanded to 8.8 months in February 2019.

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