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 | Feb 20, 2020

U.S. multifamily market gains despite seasonal lull

The economy’s steady growth buoys prospects for continued strong performance.

Market Data | Feb 19, 2020

Architecture billings continue growth into 2020

Demand for design services increases across all building sectors.

Market Data | Feb 5, 2020

Construction employment increases in 211 out of 358 metro areas from December 2018 to 2019

Dallas-Plano-Irving, Texas and Kansas City have largest gains; New York City and Fairbanks, Alaska lag the most as labor shortages likely kept firms in many areas from adding even more workers.

Market Data | Feb 4, 2020

Construction spending dips in December as nonresidential losses offset housing pickup

Homebuilding strengthens but infrastructure and other nonresidential spending fades in recent months, reversing pattern in early 2019.

Market Data | Feb 4, 2020

IMEG Corp. acquires Clark Engineering

Founded in 1938 in Minneapolis, Clark Engineering has an extensive history of public and private project experience.

Market Data | Jan 30, 2020

U.S. economy expands 2.1% in 4th quarter

Investment in structures contracts.

Market Data | Jan 30, 2020

US construction & real estate industry sees a drop of 30.4% in deal activity in December 2019

A total of 48 deals worth $505.11m were announced in December 2019.

Market Data | Jan 29, 2020

Navigant research report finds global wind capacity value is expected to increase tenfold over the next decade

Wind power is being developed in more countries as well as offshore and onshore.

Market Data | Jan 28, 2020

What eight leading economists predict for nonresidential construction in 2020 and 2021

Public safety, education, and healthcare highlight a market that is entering growth-slowdown mode, but no downturn is projected, according to AIA's latest Consensus Construction Forecast panel.

Market Data | Jan 28, 2020

Los Angeles has the largest hotel construction pipeline in the United States

Los Angeles will have a growth rate of 2.5% with 19 new hotels/2,589 rooms opening.

boombox1
boombox2
native1

More In Category


Contractors

Nonresidential construction spending decreased 0.2% in June

National nonresidential construction spending declined 0.2% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.



Construction Costs

Data center construction costs for 2024

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 

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