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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.
Increased government spending on infrastructure projects should help.
The Construction Cost Index, from Mortenson Construction, indicated rises between 3 and 4% on average.
Though the economy did not have a strong ending to 2015, the data does not suggest that nonresidential construction spending is set to decline.
JLL’s latest outlook foresees a maturation in certain metros.
CDM Research finds only a few positive signs among the leading sectors.
While volatility persists, architecture firms reported healthy performance for 2015.
In December, construction material prices fell for the sixth consecutive month. Prices have declined 7.2% since peaking in August 2014.
Strong job growth and dwindling consumer debt give rise to hope.
More than 100,000 rooms could be delivered this year alone.
The largest revisions came in the last two years and were largely upward.
