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 | Nov 2, 2015
China Accord: Design firms sign pledge to tackle climate change
52 companies will collaborate to reduce carbon emissions.
BIM and Information Technology | Oct 29, 2015
MIT develops ‘river of 3D pixels’ to assemble objects
The Kinetic Blocks can manipulate objects into shapes without human interference.
Architects | Oct 27, 2015
Top 10 tile trends for 2016
Supersized tile and 3D walls are among the trending tile design themes seen at Cersaie, an exhibition of ceramic tile and bathroom furnishings held in Bologna, Italy in October.
Architects | Oct 27, 2015
Architecture at Zero 2015 design competition names award winners
Entrants created family-style student residential plans for the University of California, San Francisco Mission Bay campus. All projects needed to be as close to net-zero as possible.
Architects | Oct 22, 2015
AIA: Architecture firms reporting progress on achieving carbon reduction targets as part of the 2030 Commitment
The AIA 2030 2014 Progress Report highlights an increase in design projects, gross square footage, and net-zero energy projects.
Architects | Oct 21, 2015
Strong rebound for Architecture Billings Index
Business conditions continue to be weak in the Northeast, but the other regions are in good shape.
Museums | Oct 20, 2015
Frank Lloyd Wright’s Bachman Wilson House finds new home at Arkansas museum
Crystal Bridges Museum reconstructed the 61-year-old Usonian house and will open it to the public in November.
Architects | Oct 20, 2015
Four building material innovations from the Chicago Architecture Biennial
From lightweight wooden pallets to the largest lengths of CLT-slabs that can be shipped across North America
University Buildings | Oct 16, 2015
5 ways architecture defines the university brand
People gravitate to brands for many reasons. Campus architecture and landscape are fundamental influences on the college brand, writes Perkins+Will's David Damon.
Architects | Oct 13, 2015
Architects Foundation expands National Resilience Initiative
The group is launching a search for three more NRI members.