7 must reads for the AEC industry today: June 19, 2020

1. Brown University tops off first housing building in three decades (BD+C)
"The facility, scheduled for completion next April, will combine a residence hall with student health services."

2. AIA releases strategies and illustrations for reducing risk of COVID-19 in schools (AIA)
"For the 2020-21 school year, districts are facing the difficult task of determining if K-12 schools will reopen this fall."

3. New data shows construction activity returning to pre-coronavirus levels in many parts of the country (AGC)
"Association survey and data collected by Procore measure impacts of the pandemic, showing signs of a construction recovery, but labor shortages and project cancellations show industry needs federal help."

4. Demand for family rentals expected to jump over next few years (BD+C)
"Developers’ focus on single, urban millennials leaves family market underserved."

5. Rush to disinfect offices has some environmental health experts worried (Bloomberg)
"The EPA list of approved cleaning agents for the coronavirus includes some that haven’t been proven safe for humans."

6. Assisted living looks for an assist (Bloomberg)
"Nursing homes have become the focal point of America’s coronavirus crisis, with more than one-third of the nation’s deaths occurring among residents. The outsized attention has another industry that cares for some of the most vulnerable people feeling left out."

7. COVID Is accelerating Millennials’ move from apartments to single-family rentals (National Real Estate Investor)
"Big SFR operators reported slight growth in leasing rates in the months since the lockdowns started."

Building Design+Construction's monthly Market Intelligence Report offers a snapshot of the health of the U.S. building construction industry, including the commercial, multifamily, institutional, and industrial building sectors. This report tracks the latest metrics related to construction spending, demand for design services, contractor backlogs, and material price trends.

Contractors | May 15, 2024

The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of April 2024

Associated Builders and Contractors reported that its Construction Backlog Indicator increased to 8.4 months in April, according to an ABC member survey conducted April 22 to May 6. The reading is down 0.5 months from April 2023, but expanded 0.2 months from the prior month.