flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

7 must reads for the AEC industry today: July 7, 2020

Market Data

7 must reads for the AEC industry today: July 7, 2020

Construction industry adds 158,000 workers in June and mall owners open micro distribution hubs for e-commerce fulfillment.


By BD+C Editors | July 7, 2020


1. Construction industry adds 158,000 workers in June but infrastructure jobs decline (AGC) 
"Gains in June are concentrated in homebuilding as state and local governments postpone or cancel roads and other projects in face of looming budget deficits."

2. Guide presents benefits of public-private partnerships (BD+C)
"A new book, “Citizen’s Guide to P3 Projects: A Legal Primer for Public-Private Partnerships,” presents the benefits of public-private partnerships."

3. Nonresidential construction spending falls modestly in May (ABC) 
"Private nonresidential spending declined 2.4% in May and public nonresidential construction spending increased 1.2%."

4. Mall owners open micro distribution hubs For e-commerce fulfillment (GlobeSt)
"Mall-based distribution centers will help retailers more efficiently distribute merchandise to their online and offline shoppers."

5. Coronavirus Spikes Might Slam The Brakes On Space Reopening (Bisnow)
"To reopen or not to reopen? That is the question for governments, and companies occupying commercial space, in the face of a pandemic that won't quite go away."

6. New survey: Without federal support, hotels face a grim future (RE Journals)
"A new survey released June 24 by the American Hotel & Lodging Association found that just 18 percent of respondents had taken an overnight trip since March, a good indicator of how the COVID-19 pandemic has devastated the hospitality industry."

7. Life of an Architect podcast: Culture of Design (BD+C)
"Do you have a design culture in your office? Why is it that some firms have it and others don’t? A culture of design isn’t something that just happens."

 

Related Stories

Market Data | Nov 25, 2019

Office construction lifts U.S. asking rental rate, but slowing absorption in Q3 raises concerns

12-month net absorption decelerates by one-third from 2018 total.

Market Data | Nov 22, 2019

Architecture Billings Index rebounds after two down months

The Architecture Billings Index (ABI) score in October is 52.0.

Market Data | Nov 14, 2019

Construction input prices unchanged in October

Nonresidential construction input prices fell 0.1% for the month and are down 2.0% compared to the same time last year.

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.

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