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 16, 2019

ABC’s Construction Backlog Indicator rebounds in February

ABC's Construction Backlog Indicator expanded to 8.8 months in February 2019.

Market Data | Apr 8, 2019

Engineering, construction spending to rise 3% in 2019: FMI outlook

Top-performing segments forecast in 2019 include transportation, public safety, and education.

Market Data | Apr 1, 2019

Nonresidential spending expands again in February

Private nonresidential spending fell 0.5% for the month and is only up 0.1% on a year-over-year basis.

Market Data | Mar 22, 2019

Construction contractors regain confidence in January 2019

Expectations for sales during the coming six-month period remained especially upbeat in January.

Market Data | Mar 21, 2019

Billings moderate in February following robust New Year

AIA’s Architecture Billings Index (ABI) score for February was 50.3, down from 55.3 in January.

Market Data | Mar 19, 2019

ABC’s Construction Backlog Indicator declines sharply in January 2019

The Construction Backlog Indicator contracted to 8.1 months during January 2019.

Market Data | Mar 15, 2019

2019 starts off with expansion in nonresidential spending

At a seasonally adjusted annualized rate, nonresidential spending totaled $762.5 billion for the month.

Market Data | Mar 14, 2019

Construction input prices rise for first time since October

Of the 11 construction subcategories, seven experienced price declines for the month.

Market Data | Mar 6, 2019

Global hotel construction pipeline hits record high at 2018 year-end

There are a record-high 6,352 hotel projects and 1.17 million rooms currently under construction worldwide.

Market Data | Feb 28, 2019

U.S. economic growth softens in final quarter of 2018

Year-over-year GDP growth was 3.1%, while average growth for 2018 was 2.9%.

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