Construction + Economy

Construction + Economy

Survey: General Contractors Pessimistic about 2021

Construction employment increased by 51,000 jobs in December, with gains for nonresidential as well as residential contractors, according to an analysis by the Associated General Contractors of America of government data. Association officials, however, cautioned that its latest survey shows widespread pessimism among contractors about the volume of work available in 2021.

Construction + Economy

AIA Condemns Capitol Hill Violence

The American Institute of Architects (AIA) recently issued a statement by Peter Exley, FAIA & Robert Ivy, FAIA condemning the violence at Capitol Hill on January 6. Their statement follows.

Construction + Economy

Architecture Billings Lose Ground in November

Architecture firm billing activity contracted once again in November 2020 after two months of a slowing decline, according to the American Institute of Architects (AIA).

Construction + Economy

Architecture Billings Remained Stalled in October

While architectural billings failed to show much progress during October 2020, signs of improving business conditions at firms have emerged, according to the American Institute of Architects (AIA).

Construction + Economy

Preliminary 2018 CBECS Results Released

The U.S. Department of Energy recently released preliminary results of the 2018 Commercial Buildings Energy Consumption Survey (CBECS). Conducted every five (approximately) years, the CBECS estimates characteristics for the national building stock.

Construction + Economy

AEC Survey: 67% Anticipate Revenue Reduction Due to Pandemic

Zweig Group has updated the Impacts of COVID-19 on the AEC Industry Survey for the second half of 2020, adding new questions about personal protective equipment (PPP) funding, outlook and budget forecasting, and more.

Construction + Economy

AIA: Architectural Billings Slowdown Moderated in September

A slight improvement in business conditions led to fewer architecture firms reporting declining billings, according to the American Institute of Architects (AIA).

Construction + Economy

Architectural Billings Show No Signs of Improvement in August

Business conditions remained stalled at architecture firms during August as demand for design services continued to decline, according to the American Institute of Architects (AIA).

Construction + Economy

Architectural Billings Remain Stalled in July

Architectural billings failed to show any progress during July, and business conditions continued to be soft at firms, according to the American Institute of Architects (AIA).

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.

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