Archive for the ‘Construction + Economy’ Category

Architecture Billings Index Strengthens

The first quarter of the year ended on a positive note for the Architecture Billings Index (ABI). As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the March ABI score was 54.3, up […]

Architecture Billing Index Rebounds

The Architecture Billings Index (ABI) returned to growth mode in February after a weak showing in January. As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the February ABI score was 50.7, up […]

Electroindustry Business Confidence Soars

In moving from 72.2 last month to 76.5 in March, the NEMA Electroindustry Business Confidence current conditions index reached its highest level since September 2005. Although some executives remarked on confusion in Washington and flashes of social unrest, signs of a strengthening economy noted by others were apparently widespread among panel members. The share of […]

Architecture Billings Index Dips Into Negative Territory in January

The Architecture Billings Index (ABI) dipped slightly into negative territory in January after a very strong showing in December. As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the January ABI score was […]

Lighting Systems Index Falls in Third Quarter 2016

NEMA’s Lighting System Shipment Index, a measure of demand for lighting equipment, decreased by 9.7% in 3Q 2016 compared to 3Q 2015 and 4.7% decrease compared to last quarter (2Q 2016). The decrease was driven by all components of the index which includes fixtures, emergency lighting, ballast, and lamp – large and miniature – components […]

Lighting Controls Association Publishes 2017 Construction Outlook

The Lighting Controls Association has published its monthly feature covering major indices and forecasts for the lighting industry and nonresidential construction. Check it out here.

Study: Architects Want More Digital Support, Good Advice, Transparency from Manufacturers

Architects are calling on manufacturers of building products and materials to advance their digital capabilities, as well as their ability to consult and advise customers in the many phases of construction projects, according to a study published by The American Institute of Architects (AIA). The Architect’s Journey to Specification assesses the cultural, technical, and informational […]

ConstructConnect Forecasts 5.5% Growth in Construction Spending in 2017

The first of the construction forecasts are rolling in. ConstructConnect did a fairly good analysis of the economic factors driving construction spending and produced a forecast. They’re forecasting growth in put-in-place construction spending in every market in 2017 except industrial/manufacturing, for which they’re predicting a significant decline. Overall, they’re forecasting 5.5% in nonresidential construction spending […]

Architecture Billings Index Remains in Positive Territory (Barely)

Coming off a modest increase after two consecutive months of contraction, the Architecture Billings Index (ABI) recorded another small increase in demand for design services. As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) […]

Architecture Billings Index Rebounds After Two Down Months

After seeing consecutive months of contracting demand for the first time in four years, the Architecture Billings Index (ABI) saw a modest increase demand for design services. As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lead time between architecture billings and construction spending. The American Institute of […]