flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: October 6, 2020

Market Data

6 must reads for the AEC industry today: October 6, 2020

Construction rises 1.4% in August while nonresidential construction spending falls slightly.


By BD+C Editors | October 6, 2020


1. Construction spending rises 1.4% in August as residential boom outweighs private nonresidential decline and flat public categories (AGC) 
"Construction spending in August totaled $1.41 trillion at a seasonally adjusted annual rate, an increase of 1.4% from July’s upwardly revised total. Residential spending jumped by 3.7%, while private and public nonresidential spending inched down by a combined 0.1%."

2. Guides addressing fenestration anchorage updated (BD+C) 
"This is the first update to both documents:  AAMA 2501-20, “Voluntary Guide for Engineering Analysis of Anchorage Systems for Fenestration Products” and AAMA TIR-A14-20, “Fenestration Anchorage Guidelines.” The former was originally written in 2006; the latter was created in 2010."

3. Nonresidential construction spending falls slightly in August (ABC) 
"Of the 16 nonresidential subcategories, nine were down on a monthly basis. Private nonresidential spending decreased 0.3% from July, while public nonresidential construction spending was up 0.2%. Nonresidential construction spending is down 0.7% compared to August 2019."

4. 7 ProCONNECT events scheduled for 2021, including two new programs (BD+C) 
"Two new events, "Education" and "Sustainability | Health + Wellness | Resilience," to debut in 2021."

5. College town economies suffer as students avoid bars, football tailgating (WSJ)
"Postponed Virginia Tech games and virtual classes dashed hopes for fall rebound in Blacksburg."

6. America's 11 most endangered historic places - 2020 list (BD+C)
"Annually, this list spotlights important examples of our nation’s architectural and cultural heritage that, without applied action and immediate advocacy, will be destroyed or face irreparable damage."

 

Related Stories

Multifamily Housing | May 18, 2021

Multifamily housing sector sees near record proposal activity in early 2021

The multifamily sector led all housing submarkets, and was third among all 58 submarkets tracked by PSMJ in the first quarter of 2021. 

Market Data | May 18, 2021

Grumman|Butkus Associates publishes 2020 edition of Hospital Benchmarking Survey

The report examines electricity, fossil fuel, water/sewer, and carbon footprint.

Market Data | May 13, 2021

Proliferating materials price increases and supply chain disruptions squeeze contractors and threaten to undermine economic recovery

Producer price index data for April shows wide variety of materials with double-digit price increases.

Market Data | May 7, 2021

Construction employment stalls in April

Soaring costs, supply-chain challenges, and workforce shortages undermine industry's recovery.

Market Data | May 4, 2021

Nonresidential construction outlays drop in March for fourth-straight month

Weak demand, supply-chain woes make further declines likely.

Market Data | May 3, 2021

Nonresidential construction spending decreases 1.1% in March

Spending was down on a monthly basis in 11 of the 16 nonresidential subcategories.

Market Data | Apr 30, 2021

New York City market continues to lead the U.S. Construction Pipeline

New York City has the greatest number of projects under construction with 110 projects/19,457 rooms.

Market Data | Apr 29, 2021

U.S. Hotel Construction pipeline beings 2021 with 4,967 projects/622,218 rooms at Q1 close

Although hotel development may still be tepid in Q1, continued government support and the extension of programs has aided many businesses to get back on their feet as more and more are working to re-staff and re-open.

Market Data | Apr 28, 2021

Construction employment declines in 203 metro areas from March 2020 to March 2021

The decline occurs despite homebuilding boom and improving economy.

Market Data | Apr 20, 2021

The pandemic moves subs and vendors closer to technology

Consigli’s latest market outlook identifies building products that are high risk for future price increases.

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