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."
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Market Data | Jul 23, 2019
Despite signals of impending declines, continued growth in nonresidential construction is expected through 2020
AIA’s latest Consensus Construction Forecast predicts growth.
Market Data | Jul 20, 2019
Construction costs continued to rise in second quarter
Labor availability is a big factor in that inflation, according to Rider Levett Bucknall report.
Market Data | Jul 18, 2019
Construction contractors remain confident as summer begins
Contractors were slightly less upbeat regarding profit margins and staffing levels compared to April.
Market Data | Jul 17, 2019
Design services demand stalled in June
Project inquiry gains hit a 10-year low.
Market Data | Jul 16, 2019
ABC’s Construction Backlog Indicator increases modestly in May
The Construction Backlog Indicator expanded to 8.9 months in May 2019.
K-12 Schools | Jul 15, 2019
Summer assignments: 2019 K-12 school construction costs
Using RSMeans data from Gordian, here are the most recent costs per square foot for K-12 school buildings in 10 cities across the U.S.
Market Data | Jul 12, 2019
Construction input prices plummet in June
This is the first time in nearly three years that input prices have fallen on a year-over-year basis.
Market Data | Jul 1, 2019
Nonresidential construction spending slips modestly in May
Among the 16 nonresidential construction spending categories tracked by the Census Bureau, five experienced increases in monthly spending.
Market Data | Jul 1, 2019
Almost 60% of the U.S. construction project pipeline value is concentrated in 10 major states
With a total of 1,302 projects worth $524.6 billion, California has both the largest number and value of projects in the U.S. construction project pipeline.
Market Data | Jun 21, 2019
Architecture billings remain flat
AIA’s Architecture Billings Index (ABI) score for May showed a small increase in design services at 50.2.
