Apartment completions to surpass 500,000 for first time ever
While the U.S. continues to maintain a steady pace of delivering new apartments, this year will be one for the record books.
HORIZONTV FEATURING BD+C: WATCH EPISODES ON DEMAND AT HORIZONTV
While the U.S. continues to maintain a steady pace of delivering new apartments, this year will be one for the record books.
National nonresidential construction spending declined 0.2% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.
The commercial building sector continues to be under financial pressure as foreclosures nationwide increased 48% in June compared to June 2023, according to ATTOM, a real estate data analysis firm.
Gordianās data features more than 100 building models, includingĀ computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for futureĀ builds. This table shows a five-year view of costs per square footĀ forĀ one-story computer data centers.Ā
Widespread project postponements and cancellations force layoffs.
Eliminates requirement for a Passive House consultant and attendant modeling.
Residential construction expands as many commercial projects languish.
International Code Council and FLASH celebrate the most comprehensive study conducted around hazard-resilient building codes to-date.
Ā
This news comes even after 36 states added construction jobs in October.
The pace of decline during October remained at about the same level as in September.
New study outlines how building product manufacturers can best support architects in climate action.
Incoming president and congress should focus on enacting measures to rebuild infrastructure and revive the economy.
A growing number of project cancellations risks undermining future industry job gains.
Association officials warn that demand for nonresidential construction will slide further without new federal relief measures.