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Welcome to Building Design+Construction’s 2024 Healthcare Annual Report. This free 66-page special report is our first-ever “state of the state” update on the $65 billion healthcare construction sector.
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in June, according to an ABC member survey conducted June 20 to July 3. The reading is down 0.5 months from June 2023.
The work from home trend will continue to put pressure on the office real estate market, with peak vacancy of between 22% and 28% in 2026, according to a forecast by Moody’s.
Join the Building Design+Construction editorial team for this live webinar on key trends, innovations, and opportunities in the $65 billion U.S. healthcare buildings market. This free live webinar, hosted by BD+C editors, will take place Thursday, July 11 at Noon ET / 11 AM Central.
As the country that set up the LEED initiative, the US is a natural leader in constructing green buildings.
Seasonally adjusted construction employment in May totaled 7,423,000.
Houston-The Woodlands-Sugar Land and Odessa, Texas have worst 14-month construction job losses.
Spending was down on a monthly basis in nine of 16 nonresidential subcategories.
Public and private work declines amid supply-chain woes, soaring costs.
Texas and Louisiana have worst job losses since February 2020, while Utah and Idaho are the top gainers.
Demand signals construction is recovering.
The multifamily sector led all housing submarkets, and was third among all 58 submarkets tracked by PSMJ in the first quarter of 2021.
The report examines electricity, fossil fuel, water/sewer, and carbon footprint.
Producer price index data for April shows wide variety of materials with double-digit price increases.
