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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.
Canceled projects, supply-chain woes threaten future jobs.
The same firms are already struggling to cope with pandemic impacts.
Costs and delayed deliveries of materials, parts, and supplies are vexing many contractors.
Association officials urge congress and Biden administration to focus on new infrastructure funding.
Private nonresidential market shrinks 10% since January 2020 with declines in all 11 segments.
Predicts second-half improvement toward normalization next year.
AIA’s Architecture Billings Index (ABI) score for January was 44.9 compared to 42.3 in December.
This week on The Weekly show, BD+C editors speak with AEC industry leaders from JLL and Landini Associates about what patients want from healthcare facilities, based on JLL's recent survey of 4,015 patients, and making online sales work for a retail sector recovery.
Association officials call for removing tariffs on key materials to provide immediate relief for hard-hit contractors and exploring ways to expand long-term capacity for steel, lumber and other materials,
Despite the monthly uptick, backlog is 0.9 months lower than in January 2020.
