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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.
AIA releases latest Consensus Construction Forecast.
The metro with the most units under construction and planned as a percent of existing inventory in mid-July was Nashville, Tenn.
Favorable economic conditions produce a sunny summer for the apartment sector.
“The hope is that June’s construction spending setback is merely a statistical aberration,” said ABC Chief Economist Anirban Basu.
The hotel construction pipeline has been growing moderately and incrementally each quarter.
Nonresidential fixed investment represented an especially important element of second quarter strength in the advance estimate.
June represents the latest month associated with rapidly rising construction input prices.
Outsize development activity in some major metros could increase vacancy rates and stagnate rent growth.
New report says strong economic fundamentals outweigh headwinds.
Architecture Billings Index enters eighth straight month of solid growth.
