The U.S. Construction Pipeline kicked off the first quarter of 2018 with 5,255 Projects/636,174 Rooms, up 4% by projects and 6% by rooms Year-Over-Year (YOY), according to analysts at Lodging Econometrics (LE). In comparison to the highest Pipeline level recorded by LE, the current quarter is just 628 Projects/149,373 Rooms, or 11% beneath the peak which occurred in Q208. We expect the Pipeline to continue its modest growth through 2018.
There are 1,592 Projects/205,449 Rooms Under Construction, up 5% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months, at 2,297 Projects/272,459 Rooms are down 5% by projects YOY and projects in Early Planning are at 1,366 Projects/158,366 Rooms, up 23% YOY.
Related Stories
Contractors | Sep 1, 2020
Construction spending dips 1.2% in July 2020; most building sectors see decline
Of the 16 nonresidential subcategories, 10 were down on a monthly basis.
Contractors | Sep 1, 2020
Maryland County to build six schools in P3 arrangement
Prince George’s County, Md., is the first jurisdiction in the nation to use public-private partnership for school construction.
Contractors | Aug 31, 2020
Officials to release new data showing the impacts of the coronavirus on the United States’ construction workforce
Data will be revealed during virtual media event on Wednesday, September 2 at 1 P.M. EDT.
Giants 400 | Aug 28, 2020
2020 Giants 400 Report: Ranking the nation's largest architecture, engineering, and construction firms
The 2020 Giants 400 Report features more than 130 rankings across 25 building sectors and specialty categories.
Architects | Aug 27, 2020
Strategically planning your firm past the COVID-19 pandemic
As AEC firm leaders consider worst-case scenarios and explore possible solutions to surmount them, they learn to become nimble, quick, and ready to pivot as circumstances demand.
Digital Twin | Aug 27, 2020
The Weekly show: Digital twin technology and social equity in the AEC market
The August 27 episode of BD+C's "The Weekly" is available for viewing on demand.
Coronavirus | Aug 25, 2020
Video: 5 building sectors to watch amid COVID-19
RCLCO's Brad Hunter reveals the winners and non-winners of the U.S. real estate market during the coronavirus pandemic.
Contractors | Aug 24, 2020
Guidance on design assist vs. delegated design released
The American Institute of Architects (AIA) and the American Institute of Steel Construction (AISC) have released a paper that provides guidance on design collaboration on construction projects.
University Buildings | Jul 24, 2020
A hybrid learning approach could redefine higher education
Universities reassess current assets to determine growth strategies.
Contractors | Jul 8, 2020
Construction businesses top one cohort of borrowers under Paycheck Protection Program
The loans saved an estimated 17,500 construction jobs.
