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The total number of construction starts decreased by 2% in December to a seasonally adjusted annual rate of $1.2 trillion according to the latest Dodge Construction Network (DCN) survey. Nonresidential building starts grew by 2%, nonbuilding starts were 14% lower, and residential building starts... View full entry
The new AIA/Deltek Architecture Billings Index (ABI) for the month of December has recorded a decline to 44.1 following two consecutive flat readings in October and November. For December, inquiries into new projects continued to increase at a relatively slow rate, while the value of newly... View full entry
Construction input prices decreased by 0.2% for the month of December, according to a new Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices decreased 0.2% for the month, and overall construction... View full entry
The latest Dodge Momentum Index (DMI) report for the month of December has indicated an encouraging 10% increase to a new score of 212.0 after November’s revised reading of 192.3. Over the month, commercial planning increased by 14.2% while institutional planning improved by 2.5%. ... View full entry
Nationwide nonresidential construction spending decreased by 0.1% in the month of November, according to an Associated Builders and Contractors (ABC) analysis of recent U.S. Census Bureau data. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.23 trillion. According to... View full entry
An overreliance on modern BIM software and lack of in situ knowledge on the part of architects may be spurring declines in the deliverability of new structures, says a new post to LinkedIn from designer Igor Goriatchev. The "Speed vs. Quality" debate, rise of remote work, and related declines in... View full entry
The total number of construction starts increased by 5% in November to a seasonally adjusted annual rate of $1.2 trillion. According to Dodge Construction Network, nonresidential building starts grew by 2%, nonbuilding starts were 16% high, and residential starts fell by 1%. For the... View full entry
The latest AIA/Deltek Architecture Billings Index (ABI) for November has recorded a second consecutive flat reading. The slight decrease to 49.6 indicates a near-equal balance between the number of firms experiencing a decrease in billings versus those seeing increases. Inquiries into new... View full entry
The Project Stress Index (PSI) composite closed November 2024 at 119.8, rising 14.7% from a revised October reading of 104.5. Sharp increases in on-hold (29.4%) and abandonment (31.9%) activity drove the month-over-month increase. The month's reading is a new high for the PSI following its August... View full entry
The Associated Builders and Contractors (ABC) has released its latest analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data for the month of November. The Index remained unchanged as inputs to nonresidential construction gained 0.1%. Overall construction input prices are now... View full entry
The data-driven economy has spoken, and AEC firms are taking note to the tune of a projected $180 billion worth of new construction spending on data center projects as of the end of Q3 this year. The figure comes from a Dell’Oro Group report, which also pointed out just three... View full entry
The new Dodge Momentum Index (DMI) for the month of November decreased by 2.3% to a new score of 191.5 from the revised October reading of 196.0. Over the month, commercial planning was down 4.6% while institutional planning improved by 2.5%. The November DMI is 12% higher than... View full entry
Nationwide nonresidential construction spending decreased by 0.4% in the month of October, according to an Associated Builders and Contractors (ABC) analysis of recent U.S. Census Bureau data. On a seasonally adjusted annualized basis, nonresidential spending totaled $... View full entry
The total number of construction starts increased by 4% in October to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network’s latest Construction Starts Index. Nonresidential building starts rose 14%, nonbuilding starts grew by 2%, while residential building... View full entry
The new AIA/Deltek Architecture Billings Index (ABI) for the month of October has recorded a flat (50.3) reading, ending its 20-month streak of consecutive declines. This score indicates a balance between the number of firms experiencing a decrease in billings and those seeing an increase... View full entry