1. Construction industry adds 158,000 workers in June but infrastructure jobs decline (AGC)
"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."
2. Guide presents benefits of public-private partnerships (BD+C)
"A new book, “Citizen’s Guide to P3 Projects: A Legal Primer for Public-Private Partnerships,” presents the benefits of public-private partnerships."
3. Nonresidential construction spending falls modestly in May (ABC)
"Private nonresidential spending declined 2.4% in May and public nonresidential construction spending increased 1.2%."
4. Mall owners open micro distribution hubs For e-commerce fulfillment (GlobeSt)
"Mall-based distribution centers will help retailers more efficiently distribute merchandise to their online and offline shoppers."
5. Coronavirus Spikes Might Slam The Brakes On Space Reopening (Bisnow)
"To reopen or not to reopen? That is the question for governments, and companies occupying commercial space, in the face of a pandemic that won't quite go away."
6. New survey: Without federal support, hotels face a grim future (RE Journals)
"A new survey released June 24 by the American Hotel & Lodging Association found that just 18 percent of respondents had taken an overnight trip since March, a good indicator of how the COVID-19 pandemic has devastated the hospitality industry."
7. Life of an Architect podcast: Culture of Design (BD+C)
"Do you have a design culture in your office? Why is it that some firms have it and others don’t? A culture of design isn’t something that just happens."
Related Stories
Market Data | Apr 4, 2016
ABC: Nonresidential spending slip in February no cause for alarm
Spending in the nonresidential sector totaled $690.3 billion on a seasonally adjusted, annualized basis in February. The figure is a step back but still significantly higher than one year ago.
Market Data | Mar 30, 2016
10 trends for commercial real estate: JLL report
The report looks at global threats and opportunities, and how CRE firms are managing their expectations for growth.
Market Data | Mar 23, 2016
AIA: Modest expansion for Architecture Billings Index
Business conditions softening most in Midwest in recent months.
Retail Centers | Mar 16, 2016
Food and technology will help tomorrow’s malls survive, says CallisonRTKL
CallisonRTKL foresees future retail centers as hubs with live/work/play components.
Market Data | Mar 6, 2016
Real estate execs measure success by how well they manage ‘talent,’ costs, and growth
A new CBRE survey finds more companies leaning toward “smarter” workspaces.
Market Data | Mar 1, 2016
ABC: Nonresidential spending regains momentum in January
Nonresidential construction spending expanded 2.5% on a monthly basis and 12.3% on a yearly basis, totaling $701.9 billion. Spending increased in January in 10 of 16 nonresidential construction sectors.
Market Data | Mar 1, 2016
Leopardo releases 2016 Construction Economics Report
This year’s report shows that spending in 2015 reached the highest level since the Great Recession. Total spending on U.S. construction grew 10.5% to $1.1 trillion, the largest year-over-year gain since 2007.
Market Data | Feb 26, 2016
JLL upbeat about construction through 2016
Its latest report cautions about ongoing cost increases related to finding skilled laborers.
Market Data | Feb 17, 2016
AIA reports slight contraction in Architecture Billings Index
Multifamily residential sector improving after sluggish 2015.
Market Data | Feb 11, 2016
AIA: Continued growth expected in nonresidential construction
The American Institute of Architects’ semi-annual Consensus Construction Forecast indicates a growth of 8% in construction spending in 2016, and 6.7% the following year.
