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Construction + Economy

Construction + Economy

AIA Forecast: Nonresidential Building Spending to Decline 8% in 2020

As a result of the partially shutdown economy, businesses and organizations will continue to be hesitant to invest in modernized or new facilities, according to a mid-year update to the American Institute of Architects’ (AIA) Consensus Construction Forecast. The trend ends an almost decade-long expansion in construction spending.

Construction + Economy

Architecture Billings Remain in Negative Territory But Begin to Stabilize

Demand for design services from architecture firms began to stabilize in June following their peak declines in April, according to a new report by The American Institute of Architects (AIA).

Construction + Economy

AIA Releases Resources for Safe Reopening of Buildings

The American Institute of Architects (AIA) recently announced the availability of new resources to support employers, public officials, and design professionals with re-occupying buildings more safely.

Construction + Economy

Architecture Billings Index Remains in Deep Negative Territory

Demand for design services in May saw few signs of rebounding following a record drop in billings the month prior, according to a new report by The American Institute of Architects (AIA).

Construction + Economy

Architecture Billings Continue Historic Contraction

Demand for design services in April 2020 saw its steepest decline on record, according to The American Institute of Architects (AIA).

Construction + Economy

Dodge Momentum Index Trips on COVID-19 in April

The Dodge Momentum Index moved 6% lower in April to 135.9 from the revised March reading of 144.5. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

Construction + Economy

AIA Releases Resource to Facilitate Safer Re-occupancy of Buildings

The American Institute of Architects (AIA) recently released a new re-occupancy assessment tool that provides strategies for limiting exposure to COVID-19 in buildings.

Construction + Economy

March 2020 Architecture Billings Index Points to Major Downturn in Commercial Construction

Reflecting the deteriorating conditions in the overall economy, demand for design services from architecture firms recorded a record fall, according to a new report from The American Institute of Architects (AIA).

Construction + Economy

AIA: Pandemic Will Derail Projected Strength in Residential Construction Market

The momentum building in the housing market since the Great Recession has completely reversed itself over the course of just a few weeks due to the fallout from the COVID-19 pandemic, according to a new report from the American Institute of Architects (AIA).

Construction + Economy

ConstructConnect Offers Construction Reports

ConstructConnect offers access to Bidding Projects, Delayed Projects Report, and Construction Activity Reports by state. While detailed information is by subscription, some information is available free.

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