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6 must reads for the AEC industry today: May 20, 2020

Market Data

6 must reads for the AEC industry today: May 20, 2020

A wave 'inside' a South Korean building and architecture billings continues historic contraction.


By BD+C Editors | May 20, 2020


1. South Korea's SMTown Coex Atrium LED Facade contains a giant crashing wave (BD+C) 
"The SMTown Coex Atrium in Seoul, South Korea has a new art installation gracing the large LED screen that wraps the outside of the building. The screens, which were installed in 2018, are the largest outdoor, high-definition LED advertising screens in South Korea."

2. Architecture billings continue historic contraction (AIA) 
"
Demand for design services in April saw its steepest decline on record, according to a new report today from The American Institute of Architects (AIA)."

3. Supreme Court says Georgia cannot copyright its entire official code (BD+C) 
"
The ruling pertained to a case filed by the state objecting to Public.Resource.Org’s initiative to put the entire code online. The group aims to make government materials more accessible."

4. 8 Ways COVID-19 Will Change Architecture (Architizer)
"The way we design, build and inhabit cities may never be the same."

5. Fever Checks and Quarantine Dorms: The Fall College Experience? (New York Times)
"We listened as University of Kentucky administrators discussed bringing students back to campus, providing a glimpse into what other schools might do in the fall."

6. Contractors challenged by lack of labor, jobsite tension and delays (Construction Dive)
"In most jurisdictions, projects are coming back on line, and construction managers are struggling to fill jobs. There are several factors suppressing skilled labor across the country, according to panelist Bob Majerus, vice president and general counsel for Hensel Phelps."

 

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Market Data | Feb 1, 2018

Nonresidential construction spending expanded 0.8% in December, brighter days ahead

“The tax cut will further bolster liquidity and confidence, which will ultimately translate into more construction starts and spending,” said ABC Chief Economist Anirban Basu. 

Green | Jan 31, 2018

U.S. Green Building Council releases annual top 10 states for LEED green building per capita

Massachusetts tops the list for the second year; New York, Hawaii and Illinois showcase leadership in geographically diverse locations.

Industry Research | Jan 30, 2018

AIA’s Kermit Baker: Five signs of an impending upturn in construction spending

Tax reform implications and rebuilding from natural disasters are among the reasons AIA’s Chief Economist is optimistic for 2018 and 2019.

Market Data | Jan 30, 2018

AIA Consensus Forecast: 4.0% growth for nonresidential construction spending in 2018

The commercial office and retail sectors will lead the way in 2018, with a strong bounce back for education and healthcare.

Market Data | Jan 29, 2018

Year-end data show economy expanded in 2017; Fixed investment surged in fourth quarter

The economy expanded at an annual rate of 2.6% during the fourth quarter of 2017.

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Renters are the majority in 42 U.S. cities

Over the past 10 years, the number of renters has increased by 23 million.

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HomeUnion names the most and least affordable rental housing markets

Chicago tops the list as the most affordable U.S. metro, while Oakland, Calif., is the most expensive rental market.

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