1. Restoration of 1930s El Paso hotel completes (BD+C)
"The project represented a cross-collaboration of tCooper Carry’s Hospitality studio and The Johnson Studio at Cooper Carry."
2. Commercial Construction Index drops amid Coronavirus pandemic, but contractors poised for near-term recovery (U.S. Chamber of Cmmerce)
"Contractors quickly prioritized worker health and safety, and 1 in 3 plan to hire more workers in the next 6 months."
3. Arc offers tools, analytics for safe workplace re-entry (BD+C)
"Platform helps sustainability teams to collect data, benchmark progress, measure impact, and improve performance."
4. When Will Building New Units Make Sense Again? Apartment Developers Remain Uncertain (National Real Estate Investor)
"Developers will likely delay starting new apartment projects until they see strong employment growth."
5. For Newly Remote Workers, Small Town U.S.A. Will Lose its Appeal Soon Enough (WSJ)
“While the promise of more land, more space and less commute may sound compelling, there is the threat of boredom or, a worse fate for many, career marginalization. Working away from main offices also could be more “work” than employees bargained for."
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Only 16 states and D.C. added construction jobs since the pandemic began
Texas, Wyoming have worst job losses since February 2020, while Utah, South Dakota add the most.
Market Data | Nov 10, 2021
Construction input prices see largest monthly increase since June
Construction input prices are 21.1% higher than in October 2020.
Market Data | Nov 9, 2021
Continued increases in construction materials prices starting to drive up price of construction projects
Supply chain and labor woes continue.
Market Data | Nov 5, 2021
Construction firms add 44,000 jobs in October
Gain occurs even as firms struggle with supply chain challenges.
Market Data | Nov 3, 2021
One-fifth of metro areas lost construction jobs between September 2020 and 2021
Beaumont-Port Arthur, Texas and Sacramento--Roseville--Arden-Arcade Calif. top lists of gainers.
Market Data | Nov 2, 2021
Construction spending slumps in September
A drop in residential work projects adds to ongoing downturn in private and public nonresidential.
Hotel Facilities | Oct 28, 2021
Marriott leads with the largest U.S. hotel construction pipeline at Q3 2021 close
In the third quarter alone, Marriott opened 60 new hotels/7,882 rooms accounting for 30% of all new hotel rooms that opened in the U.S.
Hotel Facilities | Oct 28, 2021
At the end of Q3 2021, Dallas tops the U.S. hotel construction pipeline
The top 25 U.S. markets account for 33% of all pipeline projects and 37% of all rooms in the U.S. hotel construction pipeline.
Market Data | Oct 27, 2021
Only 14 states and D.C. added construction jobs since the pandemic began
Supply problems, lack of infrastructure bill undermine recovery.
Market Data | Oct 26, 2021
U.S. construction pipeline experiences highs and lows in the third quarter
Renovation and conversion pipeline activity remains steady at the end of Q3 ‘21, with conversion projects hitting a cyclical peak, and ending the quarter at 752 projects/79,024 rooms.
