Construction + Economy

Driven by mega projects, the value of U.S. new construction will rise to $1.45 trillion by 2021, according to a new forecast by ConstructConnect.

Demand for design services in May 2019 remained essentially flat in comparison to the previous month, according to a recent report from The American Institute of Architects (AIA).

As the U.S.-China trade war continues to heat up, China’s latest move was to float an idea of banning exports of rare-earth elements to the U.S. This is being considered as one of several answers to the Trump Administration’s decision to increase tariffs on Chinese goods and blacklist Chinese telecom Huawei.

Architecture firm billings growth softened in February but remained positive, according to The American Institute of Architects (AIA).

The Lighting Controls Association has published an article summarizing key construction economic indicators and presenting the AIA Consensus Construction Forecast for 2019, which predicts solid growth in an atmosphere of “cautious positivity.”

Architecture firm billings growth expanded in November by a healthy margin, according to a recent report from The American Institute of Architects (AIA).

ConstructConnect recently published new projections of U.S. put-in-place (PIP) construction activity. Overall, the organization sees a robust future for construction activity over the next three years in both the residential and nonresidential building sectors.

The September 2018 Electroindustry Business Confidence Index (EBCI), maintained by the National Electrical Manufacturers Association (NEMA), dipped into negative territory for the first time in two years. The EBCI dropped to 46.4 for the month, following a general downward trend since February of this year.

Architecture firm billings growth slowed in September but remained positive for the twelfth consecutive month, according to The American Institute of Architects (AIA).