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

Market Data | Apr 20, 2021

Demand for design services continues to rapidly escalate

AIA’s ABI score for March rose to 55.6 compared to 53.3 in February.

Market Data | Apr 16, 2021

Construction employment in March trails March 2020 mark in 35 states

Nonresidential projects lag despite hot homebuilding market.

Market Data | Apr 13, 2021

ABC’s Construction Backlog slips in March; Contractor optimism continues to improve

The Construction Backlog Indicator fell to 7.8 months in March.

Market Data | Apr 9, 2021

Record jump in materials prices and supply chain distributions threaten construction firms' ability to complete vital nonresidential projects

A government index that measures the selling price for goods used construction jumped 3.5% from February to March.

Contractors | Apr 9, 2021

Construction bidding activity ticks up in February

The Blue Book Network's Velocity Index measures month-to-month changes in bidding activity among construction firms across five building sectors and in all 50 states. 

Industry Research | Apr 9, 2021

BD+C exclusive research: What building owners want from AEC firms

BD+C’s first-ever owners’ survey finds them focused on improving buildings’ performance for higher investment returns.

Market Data | Apr 7, 2021

Construction employment drops in 236 metro areas between February 2020 and February 2021

Houston-The Woodlands-Sugar Land and Odessa, Texas have worst 12-month employment losses.

Market Data | Apr 2, 2021

Nonresidential construction spending down 1.3% in February, says ABC

On a monthly basis, spending was down in 13 of 16 nonresidential subcategories.

Market Data | Apr 1, 2021

Construction spending slips in February

Shrinking demand, soaring costs, and supply delays threaten project completion dates and finances.

Market Data | Mar 26, 2021

Construction employment in February trails pre-pandemic level in 44 states

Soaring costs, supply-chain problems jeopardize future jobs.

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