A solid majority of respondents (61%) said their companies use building information modeling on projects.
On the bright side, 36% of construction executives surveyed said they felt construction has emerged from the recession and is starting to grow. Nearly a fourth (24%) said that things are looking up for all participants. Another 27% indicated that discrete segments are growing fast. Only 13% said they are seeing market declines or no growth in the past year.
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Delinquency rate for commercial real estate loans at lowest level in three years
The delinquency rate for US commercial real estate loans in CMBS dropped for the third straight month to 8.38%. This represents a 10-basis-point drop since July's reading and a 175-basis-point improvement from a year ago.
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Local Government Report [2013 Giants 300 Report]
Building Design+Construction's rankings of the nation's largest local government design and construction firms, as reported in the 2013 Giants 300 Report.
