flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: August 19, 2020

Market Data

6 must reads for the AEC industry today: August 19, 2020

July architectural billings remained stalled and Florida becomes third state to adopt concrete repair code.


By BD+C Editors | August 19, 2020


1. Nonres construction industry won’t start growing again until next year’s third quarter (BD+C) 
"This report includes a section that specifically evaluates the impact of the pandemic on construction. JLL found that 93% of ongoing construction work had been in jurisdictions with stay-at-home orders that covered most of the U.S. population and jobsites."

2. July architectural billings remained stalled (AIA) 
"The pace of decline during July remained at about the same level as in June with both months posting an ABI score of 40.0 (any score below 50 indicates a decline in firm billings). While firms reported a modest decline for inquiries into new projects—slipping from 49.3 in June to 49.1 in July— newly signed design contracts declined more critically, falling from a June level of 44.0 to 41.7 in July."

3. Florida becomes the third state to adopt concrete repair code (BD+C) 
"ACI 562-19 Code Requirements for the Assessment, Repair and Rehabilitation of Existing Concrete Structures will be effective Dec. 31, 2020, when the seventh edition of the Florida Building Code becomes law."

4. Starting a design firm (LOA podcast) 
"In today’s episode, we are talking about starting your own design firm—something that I think every architect walking the planet has thought about at various times throughout their career."

5. Demand for hotels is flattening as hotel owners burn through millions in cash reserves (Bisnow)
"Major U.S. hotel companies lost hundreds of millions of dollars in the spring as they gradually reopened hotels this summer to low demand, and their leaders expect there could be a long road back to profitability."

6. New York’s true nursing home death toll cloaked in secrecy (Associated Press)
“New York’s coronavirus death toll in nursing homes, already among the highest in the nation, could actually be a significant undercount. Unlike every other state with major outbreaks, New York only counts residents who died on nursing home property and not those who were transported to hospitals and died there.”

 

Related Stories

Market Data | Jun 16, 2021

Construction input prices rise 4.6% in May; softwood lumber prices up 154% from a year ago

Construction input prices are 24.3% higher than a year ago, while nonresidential construction input prices increased 23.9% over that span.

Market Data | Jun 16, 2021

Producer prices for construction materials and services jump 24% over 12 months

The 24.3% increase in prices for materials used in construction from May 2020 to last month was nearly twice as great as in any previous year

Market Data | Jun 15, 2021

ABC’s Construction Backlog inches higher in May

Materials and labor shortages suppress contractor confidence.

Market Data | Jun 11, 2021

The countries with the most green buildings

As the country that set up the LEED initiative, the US is a natural leader in constructing green buildings.

Market Data | Jun 7, 2021

Construction employment slips by 20,000 in May

Seasonally adjusted construction employment in May totaled 7,423,000.

Market Data | Jun 2, 2021

Construction employment in April lags pre-covid February 2020 level in 107 metro areas

Houston-The Woodlands-Sugar Land and Odessa, Texas have worst 14-month construction job losses.

Market Data | Jun 1, 2021

Nonresidential construction spending decreases 0.5% in April

Spending was down on a monthly basis in nine of 16 nonresidential subcategories.

Market Data | Jun 1, 2021

Nonresidential construction outlays drop in April to two-year low

Public and private work declines amid supply-chain woes, soaring costs.

Market Data | May 24, 2021

Construction employment in April remains below pre-pandemic peak in 36 states and D.C.

Texas and Louisiana have worst job losses since February 2020, while Utah and Idaho are the top gainers.

Market Data | May 19, 2021

Design activity strongly increases

Demand signals construction is recovering.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021