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 | Mar 24, 2021

Architecture billings climb into positive territory after a year of monthly declines

AIA’s ABI score for February was 53.3 compared to 44.9 in January.

Market Data | Mar 22, 2021

Construction employment slips in 225 metros from January 2020 to January 2021

Rampant cancellations augur further declines ahead.

Market Data | Mar 18, 2021

Commercial Construction Contractors’ Outlook lifts on rising revenue expectations

Concerns about finding skilled workers, material costs, and steel tariffs linger.

Market Data | Mar 16, 2021

Construction employment in January lags pre-pandemic mark in 42 states

Canceled projects, supply-chain woes threaten future jobs.

Market Data | Mar 15, 2021

Rising materials prices and supply chain disruptions are hurting many construction firms

The same firms are already struggling to cope with pandemic impacts.

Market Data | Mar 11, 2021

Soaring materials costs, supply-chain problems, and project cancellations continue to impact construction industry

Costs and delayed deliveries of materials, parts, and supplies are vexing many contractors.

Market Data | Mar 8, 2021

Construction employment declines by 61,000 in February

Association officials urge congress and Biden administration to focus on new infrastructure funding.

Market Data | Mar 2, 2021

Construction spending rises in January as private nonresidential sector stages rare gain

Private nonresidential market shrinks 10% since January 2020 with declines in all 11 segments.

Market Data | Feb 24, 2021

2021 won’t be a growth year for construction spending, says latest JLL forecast

Predicts second-half improvement toward normalization next year.

Market Data | Feb 23, 2021

Architectural billings continue to contract in 2021

AIA’s Architecture Billings Index (ABI) score for January was 44.9 compared to 42.3 in December.

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