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Construction + Economy

Construction + Economy

Architecture Billings Index Positive for First Time in over Two Years

For the first time since January 2008, the Architecture Billings Index (ABI) indicated a growth in design activity in September, increasing for the fourth straight month. 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 [...]

Construction + Economy

AIA Reports Modest Improvement in Architecture Billings Index

Still not entering into the positive phase, the American Institute of Architects’ (AIA) Architecture Billings Index (ABI) increased for the third straight month in August. 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 AIA reported the August ABI [...]

Construction + Economy

North American EBCI Bounces Back in September Following August’s Slide

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions rebounded in September, rising 7.3 points from August to 52.6. A reading above 50 indicates more panelists than not reported improved conditions during the month. Moreover, the survey’s measure of the intensity of change in current North American conditions suggests that conditions improved [...]

Construction + Economy

Architecture Billings Index Climbs by Two Points in July

The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score for July inched closer to the 50-point threshold again (a score higher than 50 is an indication of growth), climbing nearly two full points from June to 47.9. While there is growing optimism that billings may grow in the near future, business conditions at [...]

Construction + Economy, Lighting Industry

Demand for Lighting Stagnates During Second Quarter of 2010

NEMA’s Lighting Systems Index (LSI) dipped 0.3% on a quarter-to-quarter basis during the second quarter of 2010. On a year-over-year basis, the index registered a 5.3%gain versus 2Q 2009. However, since that quarter marked the lowest reading ever recorded for the LSI, this rate of year-over-year growth indicates that lighting equipment demand remains at a [...]

Construction + Economy

Twenty-Six States Add Construction Jobs in July

Construction job gains were more widespread across the country and job losses were generally less severe in July than in June, the Associated General Contractors of America reported in an analysis of state employment data recently released by the Labor Department. Twenty–six states added construction jobs in July, compared to 19 in June, while six [...]

Construction + Economy

Negative Conditions Persist in Architecture Billings Index

There was a negligible increase in the American Institute of Architects’ (AIA) Architecture Billings Index (ABI) last month. 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 AIA reported the June ABI rating was 46.0, up slightly from a [...]

Construction + Economy

North American Electrical Industry Business Confidence Sags in July

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions slid nearly 7 points in July, falling to 63.5, its lowest level since January 2010, from 70.4 a month earlier. While the index reading implies that the economic environment faced by electrical equipment manufacturers continued to improve on balance in July, a decidedly [...]

Construction + Economy, Lighting Design

IES Publishes Position Statement Integrated Building Design

In short, IES is for it. Check out the position paper here (PDF) to learn more about integrated building design and why IES advocates it as a way to produce buildings that are cost-effective, resource-efficient and comfortable.

Construction + Economy

AGC: Construction Employment Shows Signs of Stabilizing

Construction employment edged closer to stabilizing in June, as half the states either added construction jobs or kept the same number as in May, the Associated General Contractors reported in an analysis of federal employment data released on Tuesday. Compared to June 2009, construction employment rose in six states, the largest number of states to [...]

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