Construction + Economy

Construction + Economy

Lighting Controls Association Publishes 2014 Year in Review and 2015 Construction Forecast

My most recent contribution to the Lighting Controls Association’s blog is a post summarizing current economic trends, 2014 year in review for the lighting industry, and the AIA’s Consensus Construction Forecast. Check it out here.

Construction + Economy

FMI: 2014 Construction Put In Place to End Strong

Total construction put in place (CPIP) for 2014 will be $62 billion greater than last year—a 7% increase, according to the latest report from FMI. CPIP should finish this year around $972 billion and is expected to top $1.04 trillion in 2015. Commercial and manufacturing construction are two of the largest growth sectors, accounting for [...]

Construction + Economy

Economy Improving Slowly According to FMI Q3-2014 Outlook

FMI recently released its Q3-2014 Construction Outlook. The forecast calls for solid, slow growth. Contributing factors include relatively low energy prices, low inflation, unemployment holding around 6.2% and GDP slowly growing. Additionally, consumer confidence is rising steadily, building permits and housing starts bounced back in July, and banks are starting to lend again–that is, if [...]

Construction + Economy

Positive Outlook for Architecture Billings Index Continues Despite Slight Ebb in Demand

Headed by the continued strength in the multi-family residential market and the emerging growth for institutional projects, demand for design services continues to be healthy as exhibited in the latest Architecture Billings Index (ABI). As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture [...]

Construction + Economy

Nonresidential Construction Index Slowly Rises

FMI, a provider of management consulting and investment banking to the engineering and construction industry, recently announced the release of the 2014 Fourth Quarter Nonresidential Construction Index report. The NRCI shows a slight increase from 62.5 in the third quarter to 62.8 in the fourth quarter of 2014. This is nearly 5.5 points ahead of [...]

Construction + Economy

Current Conditions EBCI Rebounds in October, but Future Conditions Index Slides

NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America improved to 58.3 in October as the share of panelists reporting improved conditions rose by a larger amount than the share reporting they worsened. Meanwhile, the EBCI for future North American conditions fell for a second consecutive month in October, dropping to 55.6.

Construction + Economy

ABI Shows Robust Conditions Ahead for Construction Industry

With all geographic regions and building project sectors showing positive conditions, there continues to be a heightened level of demand for design services signaled in the latest Architecture Billings Index (ABI). As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction [...]

Construction + Economy

Architecture Billings Index Shows Continuing Strength in August

On the heels of recording its strongest pace of growth since 2007, there continues to be an increasing level of demand for design services signaled in the latest Architecture Billings Index (ABI). As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and [...]

Construction + Economy, Lighting Industry

Lighting Systems Index Flat During Second Quarter on Mixed Component Results

Demand for lighting equipment, as measured by NEMA’s Lighting Systems Shipments Index, was essentially flat during the second quarter, increasing 0.1% over 2014Q1. In contrast, year-over-year performance for the topline index showed a decrease of 1.4%. Emergency lighting and fixtures were the only index components to show an improvement in sales with ballasts, large- and [...]

Construction + Economy

Current Conditions EBCI Climbs for Second Month in a Row in August

NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America climbed to 68.2 in August from 54.5 in July. Slightly less than half of the survey panelists reported business conditions improved from July to August compared to only 9% claiming they deteriorated. The remaining 45% of panelists reported conditions were largely unchanged. The [...]

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