1. Construction sector adds 16,000 workers in august but nonresidential jobs shrink (AGC)
"Construction employment increased by 16,000 jobs in August, but the gains were concentrated in housing, while the infrastructure and nonresidential building construction sector lost 11,000 jobs, according to an analysis by the Associated General Contractors of America of government data."
2. The office building of the future should be an essential part of its community (Gensler)
"Today we recognize that office buildings are no longer just containers for people but rather an experience supercharger. Office performance should be less about maximizing workplace density and more about the quality of the space and the experience it delivers."
3. Google proposes 40-acre redevelopment that includes nearly 2,000 housing units (BD+C)
"Google intends to allocate 20% of the residential space, spread over six buildings within the proposed village, to affordable housing."
4. Updated selection, application guide for plastic glazed skylights, sloped glazing released (BD+C)
"The Fenestration and Glazing Industry Alliance (FGIA) recently released an updated document on the value and effective application of plastic glazed skylights and sloped glazing in building design."
5. Apartment values stay solid in private market despite falling rents (WSJ)
"Recent CIM deal shows some buyers still willing to pay near pre-pandemic prices in certain areas."
6. CDC-ordered eviction moratorium meets both praise and skepticism (Bisnow)
"The Centers for Disease Control and Prevention has issued an order proclaiming a nationwide residential eviction moratorium, characterizing it as a matter of public health policy."
7. Macy’s plans rollout of smaller stores away from malls (CNBC)
"Macy’s and Bloomingdale’s 'have high potential' away from malls and in smaller formats, CEO Jeff Gennette told analysts."
Related Stories
Market Data | Nov 14, 2019
Construction input prices unchanged in October
Nonresidential construction input prices fell 0.1% for the month and are down 2.0% compared to the same time last year.
Multifamily Housing | Nov 7, 2019
Multifamily construction market remains strong heading into 2020
Fewer than one in 10 AEC firms doing multifamily work reported a decrease in proposal activity in Q3 2019, according to a PSMJ report.
Market Data | Nov 5, 2019
Construction and real estate industry deals in September 2019 total $21.7bn globally
In terms of number of deals, the sector saw a drop of 4.4% over the last 12-month average.
Market Data | Nov 4, 2019
Nonresidential construction spending rebounds slightly in September
Private nonresidential spending fell 0.3% on a monthly basis and is down 5.7% compared to the same time last year.
Market Data | Nov 1, 2019
GDP growth expands despite reduction in nonresident investment
The annual rate for nonresidential fixed investment in structures declined 15.3% in the third quarter.
Market Data | Oct 24, 2019
Architecture Billings Index downturn moderates as challenging conditions continue
The Architecture Billings Index (ABI) score in September is 49.7.
Market Data | Oct 23, 2019
ABC’s Construction Backlog Indicator rebounds in August
The primary issue for most contractors is not a lack of demand, but an ongoing and worsening shortage of skilled workers available to meet contractual requirements.
Multifamily Housing | Oct 16, 2019
A new study wonders how many retiring adults will be able to afford housing
Harvard’s Joint Center for Housing Studies focuses on growing income disparities among people 50 or older.
Market Data | Oct 9, 2019
Two ULI reports foresee a solid real estate market through 2021
Market watchers, though, caution about a “surfeit” of investment creating a bubble.
Market Data | Oct 4, 2019
Global construction output growth will decline to 2.7% in 2019
It will be the slowest pace of growth in a decade, according to GlobalData.