flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: October 6, 2020

Market Data

6 must reads for the AEC industry today: October 6, 2020

Construction rises 1.4% in August while nonresidential construction spending falls slightly.


By BD+C Editors | October 6, 2020


1. Construction spending rises 1.4% in August as residential boom outweighs private nonresidential decline and flat public categories (AGC) 
"Construction spending in August totaled $1.41 trillion at a seasonally adjusted annual rate, an increase of 1.4% from July’s upwardly revised total. Residential spending jumped by 3.7%, while private and public nonresidential spending inched down by a combined 0.1%."

2. Guides addressing fenestration anchorage updated (BD+C) 
"This is the first update to both documents:  AAMA 2501-20, “Voluntary Guide for Engineering Analysis of Anchorage Systems for Fenestration Products” and AAMA TIR-A14-20, “Fenestration Anchorage Guidelines.” The former was originally written in 2006; the latter was created in 2010."

3. Nonresidential construction spending falls slightly in August (ABC) 
"Of the 16 nonresidential subcategories, nine were down on a monthly basis. Private nonresidential spending decreased 0.3% from July, while public nonresidential construction spending was up 0.2%. Nonresidential construction spending is down 0.7% compared to August 2019."

4. 7 ProCONNECT events scheduled for 2021, including two new programs (BD+C) 
"Two new events, "Education" and "Sustainability | Health + Wellness | Resilience," to debut in 2021."

5. College town economies suffer as students avoid bars, football tailgating (WSJ)
"Postponed Virginia Tech games and virtual classes dashed hopes for fall rebound in Blacksburg."

6. America's 11 most endangered historic places - 2020 list (BD+C)
"Annually, this list spotlights important examples of our nation’s architectural and cultural heritage that, without applied action and immediate advocacy, will be destroyed or face irreparable damage."

 

Related Stories

Market Data | May 15, 2020

6 must reads for the AEC industry today: May 15, 2020

Nonresidential construction employment sees record loss and Twitter will keep all of its office space.

Market Data | May 15, 2020

Nonresidential construction employment sees record loss in April

The construction unemployment rate was 16.6% in April, up 11.9 percentage points from the same time last year.

Market Data | May 14, 2020

5 must reads for the AEC industry today: May 14, 2020

The good news about rent might not be so good and some hotel developers consider whether to abandon projects.

Market Data | May 13, 2020

House democrats' coronavirus measure provides some relief for contractors, but lacks other steps needed to help construction

Construction official says new highway funding, employee retention credits and pension relief will help, but lack of safe harbor measure, Eextension of unemployment bonus will undermine recovery.

Market Data | May 13, 2020

5 must reads for the AEC industry today: May 13, 2020

How to design resilient libraries in a post-covid world and vacation real-estate markets are 'toast.'

Market Data | May 12, 2020

ABC’s Construction Backlog Indicator falls in April; Contractor Confidence rebounds from historic lows

Nonresidential construction backlog is down 0.4 months compared to the March 2020 ABC survey and 1.7 months from April 2019.

Market Data | May 12, 2020

6 must reads for the AEC industry today: May 12, 2020

A 13-point plan to reduce coronavirus deaths in nursing homes and Bjarke Ingels discusses building on Mars.

Market Data | May 11, 2020

Interest in eSports is booming amid COVID-19

The industry has proved largely immune to the COVID-19 pandemic due to its prompt transition into online formats and sudden spike in interest from traditional sports organizations.

Market Data | May 11, 2020

6 must reads for the AEC industry today: May 11, 2020

Nashville residential tower will rise 416 feet and the construction industry loses 975,000 jobs.

Market Data | May 8, 2020

Construction industry loses 975,000 jobs in April as new association survey shows deteriorating demand for construction projects

Association partner Procore also releases near real-time construction data measuring impacts of coronavirus as association calls for new measures.

boombox1
boombox2
native1

More In Category

Healthcare Facilities

Watch on-demand: Key Trends in the Healthcare Facilities Market for 2024-2025

Join the Building Design+Construction editorial team for this on-demand webinar on key trends, innovations, and opportunities in the $65 billion U.S. healthcare buildings market. A panel of healthcare design and construction experts present their latest projects, trends, innovations, opportunities, and data/research on key healthcare facilities sub-sectors. A 2024-2025 U.S. healthcare facilities market outlook is also presented.




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