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 | Jul 7, 2020

7 must reads for the AEC industry today: July 7, 2020

Construction industry adds 158,000 workers in June and mall owners open micro distribution hubs for e-commerce fulfillment.

Market Data | Jul 6, 2020

Nonresidential construction spending falls modestly in May

Private nonresidential spending declined 2.4% in May and public nonresidential construction spending increased 1.2%.

Market Data | Jul 6, 2020

Construction industry adds 158,000 workers in June but infrastructure jobs decline

Gains in June are concentrated in homebuilding as state and local governments postpone or cancel roads and other projects in face of looming budget deficits.

Market Data | Jul 6, 2020

5 must reads for the AEC industry today: July 6, 2020

Demand growth for mass timber components and office demand has increased as workers return.

Market Data | Jul 2, 2020

Fall in US construction spending in May shows weakness of country’s construction industry, says GlobalData

Dariana Tani, Economist at GlobalData, a leading data and analytics company, offers her view on the situation

Market Data | Jul 2, 2020

6 must reads for the AEC industry today: July 2, 2020

Construction spending declines 2.1% in May and how physical spaces may adapt to a post-COVID world.

Market Data | Jul 1, 2020

Construction spending declines 2.1% in May as drop in private work outweighs public pickup

Federal infrastructure measure can help offset private-sector demand that is likely to remain below pre-coronavirus levels amid economic uncertainty.

Market Data | Jul 1, 2020

7 must reads for the AEC industry today: July 1, 2020

Facebook to build $800 million data center and 329 metro areas added construction jobs in May.

Market Data | Jun 30, 2020

AIA releases strategies and illustrations for reducing risk of COVID-19 in senior living communities

Resources were developed as part of AIA’s “Reopening America: Strategies for Safer Buildings” initiative.

Market Data | Jun 30, 2020

329 metro areas added construction jobs in May

Seattle-Bellevue-Everett, Wash. added the most construction jobs (28,600, 44%) in May.

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