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Construction + Economy

Construction + Economy

Architecture Billings Index Tumbles Three Points in April

Following several months of relatively positive business conditions, the Architecture Billings Index (ABI) fell almost three points in April. As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the April ABI score was [...]

Construction + Economy

North American Business Conditions Improved for Sixth Straight Month in April

The results from NEMA’s latest monthly survey of senior member company executives finds that business conditions improved for the sixth month in a row in April. The Electroindustry Business Confidence Index (EBCI) for current North American conditions measured 57.1. While down slightly from the 60.9 mark recorded in March, a reading above 50 indicates more [...]

Construction + Economy, Research

Interest in Kitchens and Bathrooms Beginning to Build, According to AIA Study

Residential architects are reporting that business conditions are stabilizing and there is a healthy demand for remodeling and renovation projects. These findings are from the American Institute of Architects (AIA) Home Design Trends Survey for the fourth quarter of 2010, which focused specifically on kitchens and bathrooms. The AIA Home Design Trend Survey is conducted [...]

Construction + Economy

Architecture Billings Index in Holding Pattern

The first quarter of 2011 has seen the Architecture Billings Index (ABI) remain virtually unchanged and right at, or slightly above, the break-even level. As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported [...]

Construction + Economy

NEMA Executives’ Assessment of Business Conditions Improved in February

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions – derived from a survey of senior industry executives – climbed to 69.6 in February, up 6 points from January’s reading of 63.6. The index has topped 60 points in each of the last four months, indicating a sustained improvement in the economic environment [...]

Construction + Economy

Architecture Billings Index Shows Nominal Increase

During the first two months of 2011 the Architecture Billings Index (ABI) is not exhibiting the strength of business conditions that were seen in the final quarter of 2010. As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lag time between architecture billings and construction spending. The American [...]

Construction + Economy

2011 Construction Outlook: Delayed Recovery for Nonresidential Market

While activity for institutional projects should hover near 2010 levels, there is likely to be a construction spendingmodest decline in commercial construction in 2011, according to the AIA Consensus Construction Forecast Panel. Overall nonresidential construction spending is expected to decrease by 2% for the year. The Panel believes 2012 will produce stronger gains, however, with [...]

Construction + Economy

North American EBCIs Firmly in Expansionary Territory in January

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions continued to point to a broadly improving environment in January. The index measured 63.6, down slightly from December’s 68, but near the high end of the range of readings recorded since the beginning of the third quarter of 2010. A reading above 50 indicates [...]

Construction + Economy

Architecture Billings Index Continues Positive Momentum

On the heels of its highest mark since 2007, the Architecture Billings Index (ABI) jumped more than two points in December 2010. As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the December [...]

Construction + Economy, Lighting Industry

Shipments of Metal Halide Lamps Remain Solid During the Third Quarter

Shipments of metal halide high intensity discharge (HID) lamps grew by 4.6 percent to 87.1 during the third quarter of 2010. The index showed solid year-over-year growth increasing 5.7 percent. Conversely, sodium vapor HID lamp shipments retrenched 10.4 percent during the quarter to 82.1, the second lowest level on record for the index. Mercury vapor [...]

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