Construction + Economy

On behalf of its 80,000 members nationwide, the American Institute of Architects (AIA) recently sent letters to each member of the new 112th Congress, congratulating them on their election and promising to work with both political parties to foster policies that encourage job creation in the hard-hit design and construction industry. “As community leaders, architects [...]

Data from NEMA’s monthly survey on the electroindustry business environment showed a slight decline in business conditions in October, but an improvement in expectations for future conditions. The Electroindustry Business Confidence Index (EBCI) for current North American business conditions fell to 48 from 53.6 in September. A reading above 50 indicates more panelists than not [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 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 [...]

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 [...]