Gilbane Building Company announced the publication of the Spring 2012 edition of Construction Economics – Market Conditions in Construction. Based on an array of economic data, construction starts, and material cost trends, this free report projects expanding work volume, slowly increasing workforce and material price increases are leading to a growing escalation rate. Nevertheless, some critical indicators are illustrating a positive trend.
According to the report, the ABI, which predicts activity 9-12 months out, indicated a slight downturn that the industry is currently experiencing. Since July 2011, all indices have been climbing, which bodes well for newly anticipated work growth in the second and third quarters of 2012. Construction spending still shows inconsistent performance but over the last year the trend has clearly been increased spending.
Among the topics covered in this comprehensive report are:
- Construction Starts, Spending, & Costs
- Material Price Movement
- Trends and Costs for Structural Steel, Recycling Steel, & Copper
- Architectural Billings Index
- Current Inflation Forecast
This free report is available for download, at http://www.gilbaneco.com/construction-economics or by clicking here. +
Related Stories
Architects | Feb 15, 2018
AIASF Equity by Design to launch 2018 Equity in Architecture Survey
AIA San Francisco (AIASF) and the Equity by Design Committee, launched the third national Equity in Architecture Survey on February 12, 2018. Building upon the survey conducted in 2016, the third survey will further advance the national movement for equitable practice in the profession.
Urban Planning | Feb 14, 2018
6 urban design trends to watch in 2018
2017 saw the continuation of the evolution of expectations on the part of consumers, developers, office workers, and cities.
Office Buildings | Feb 13, 2018
Office market vacancy rate at 10-year low
Cautious development and healthy absorption across major markets contributed to the decline in vacancy, according to a new Transwestern report.
Architects | Feb 12, 2018
AIA selects seven individuals to receive the 2018 Associates Award
The recipients will be honored at the AIA Conference on Architecture 2018 in New York City.
Architects | Feb 9, 2018
AIA's 2018 Young Architects Award honors 18 recipients
The Young Architects Award recipients will be honored at the AIA Conference on Architecture 2018 in New York City.
Architects | Feb 8, 2018
Three ways cities could evolve 2018
Cities change constantly, but given the numerous disruptive factors spanning technology, policy, climate and more that will impact 2018 – it could prove to be a year of dynamic change for our urban fabric.
Architects | Feb 7, 2018
8 inefficiencies in the architecture + design industry (and possible solutions)
Matthew Rosenberg has identified 8 major inefficiencies in the architecture and design industry, as well as a solution for each of them.
Architects | Feb 5, 2018
Little names new Corporate President and COO
International architecture and design firm Little has appointed Carolyn Rickard-Brideau as its new Corporate President, and Charles Todd as its Chief Operating Officer.
Architects | Feb 1, 2018
How to generate architecture leads
One of the first steps to increasing leads for your design firm is to acknowledge that all leads are not equal, writes Hinge’s Karl Feldman.
Healthcare Facilities | Feb 1, 2018
Early supplier engagement provides exceptional project outcomes
Efficient supply chains enable companies to be more competitive in the marketplace.