Construction market news was mostly positive last week, with the AIA, AGC, and Census Bureau all seeing an uptick in key metrics. Here's a recap of the top construction market news for the week of September 15, 2013:
CONSTRUCTION SPENDING HITS FOUR-YEAR HIGH IN JULY
According an Associated General Contractors of America analysis of July Census Bureau data, single and multifamily residential spending have been strong, with hospitality, warehouses, and power infrastructure among the hot nonresidential categories. http://www.bdcnetwork.com/construction-spending-hits-four-year-high-july-agc-report
AUGUST HOUSING STARTS REVEAL MULTIFAMILY STILL HEALTHY BUT SINGLE-FAMILY STAGNATING
As analyzed by Auction.com Research, Census Bureau stats for August provided a bit of contrast from the report mentioned above, with single family starting to lag but multifamily remaining at "healthy levels." http://www.bdcnetwork.com/august-housing-starts-reveal-multifamily-still-healthy-single-family-stagnating
AIA SEES UPTICK IN ARCHITECTURE BILLINGS FOR AUGUST
Monthly ABI was 53.8, up from 52.7 in July (any score above 50 indicates an increase in billings). The number has improved in eleven of the past twelve months. http://www.bdcnetwork.com/aia-sees-uptick-architecture-billings-august
U.S. ROOFING DEMAND PREDICTED TO RISE, DRIVEN BY NEW CONSTRUCTION
Aside from asphalt shingles (mostly a residential product), favorable categories include roofing tile, plastics, and metal roofing products. http://www.bdcnetwork.com/us-roofing-demand-predicted-rise-driven-new-construction
43% OF ENERGY LEADERS WILL INVEST MORE IN EFFICIENCY NEXT YEAR
Schneider Electric survey includes responses from people in the business and government sectors. Tracking and analyzing energy-use data and energy audits were the most popular energy management approaches; building automation, efficient lighting, and data center efficiency are mentioned as growth areas. http://www.bdcnetwork.com/forty-three-percent-energy-leaders-will-invest-more-efficiency-next-year-infographic-0
BIG PROJECTS OF NOTE:
* World's first "invisible" tower planned for Seoul, South Korea. "Cloaking" facade made of LED projectors and optical cameras will render the building transparent if desired. http://www.bdcnetwork.com/worlds-first-invisible-tower-planned-south-korea
* BIG and MVVA collaborate on proposal for Pier 6 development at Brooklyn Bridge Park. http://www.bdcnetwork.com/first-look-bigmvva-proposal-pier-6-brooklyn-bridge-park
* Suffolk Downs announces plan to build $1 billion "green" casino in Boston. http://www.bdcnetwork.com/proposed-boston-casino-development-approval-will-depend-partly-sustainability
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| Oct 27, 2011
ASSA Abloy, MAXXESS Systems announce U.S. Aperio integration
Aperio will integrate with MAXXESS's eAXxess and Efusion Event Management Software packages.
| Oct 26, 2011
Metl-Span selected for re-roof project
School remained in session during the renovation and it was important to minimize the disruption as much as possible.
| Oct 26, 2011
Shawmut Design and Construction awarded Tag Heuer build in Aventura, Fla.
New store features 1,200 sf fit out at Aventura Mall.
| Oct 25, 2011
HKS Science & Technology practice formed
Specializing in the planning and design of highly technical building types, HKS’s Science & Technology practice offers the broadest range of services available to the academic and biomedical research, biotechnology, pharmaceutical and medical device community, including laboratory programming, planning and design, strategic science planning and laboratory equipment planning.
| Oct 25, 2011
Universal teams up with Earthbound Corp. to provide streamlined commercial framing solutions
The primary market for the Intact Structural Frame is light commercial buildings that are typically designed with concrete masonry walls, steel joists and steel decks.
| Oct 25, 2011
Ritner Steel CEO elected to AISC Board
Freund will begin serving on the AISC board of directors, assisting with the organization's planning and leadership in the steel construction industry.
| Oct 25, 2011
Commitment to green building practices pays off
The study, conducted by the Pacific Northwest National Laboratory, built on a good indication of the potential for increased productivity and performance pilot research completed two years ago, with similarly impressive results.
| Oct 25, 2011
DOE issues report on financing solar photovoltaic systems for K-12 schools
The report examines the two primary types of ownership models used to obtain solar installations. This analysis can help school administrators across the country select the best option for deploying solar technologies in their school districts.
| Oct 25, 2011
MKK participates in BSA Engineering Merit Badge day
MKK principal Craig Watts attended the event as a representative of the MEP (mechanical/electrical/plumbing) engineering industry to give scouts an idea of what’s involved in becoming a mechanical engineer, and an overview of a typical day in the life of an engineer.
| Oct 24, 2011
FMI releases Adjust, Adapt, Act Study
The paper explores several case studies, including Sun Country Builders, Huen, BakerTriangle, Consigli, Skender Construction and Flatiron, and distills the key factors that make these companies unique and successful.
