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June 10, 2013
Bottoming out in 2010, the nonresidential fenestration market has seen slow but steady increases since then, according to a new report from the American Architectural Manufacturers Association and the Window & Door Manufacturers Association. Prepared by Ducker Worldwide, the AAMA/WDMA 2012/2013 U.S. Industry Statistical Review and Forecast reports contract awards, which reflect...
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June 3, 2013
Total construction spending registered a small gain in April but showed mixed patterns among major segments, according to an analysis of new Census Bureau data by the Associated General Contractors of America. Association officials cautioned that a surge in certain project types and regions could leave the industry short of workers even while overall unemployment remains high."The report...
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May 28, 2013
The Architecture Billings Index reversed course in April, posting a score of 48.6, down from a mark of 51.9 in March, according to the American Institute of Architects. “Project approval delays are having an adverse effect on the design and construction industry, but again and again, we are hearing that it is extremely difficult to obtain financing to move forward on real estate projects,” said...
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April 26, 2013
The Architecture Billings Index is reflecting a steady upturn in design activity, according to the American Institute of Architects, with a March ABI score of 51.9, down from a mark of 54.9 in February.“Business conditions in the construction industry have generally been improving over the last several months,” said AIA Chief Economist, Kermit Baker, in a release. “But as we have continued to...
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March 22, 2013
The Architecture Billings Index continues to strengthen at a steady pace, posting a February score of 54.9, up slightly from 54.2 in January, according to the American Institute of Architects. The new projects inquiry index was 64.8, the highest it's been since January 2007, according to AIA.The Northeast saw the most growth in February, with a score of 56.7; followed by the Midwest at...
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February 21, 2013
As the prognosis for the design and construction industry continues to improve, the Architecture Billings Index is reflecting its strongest growth since November 2007, according to the American Institute of Architects. The January ABI score was 54.2, up sharply from a mark of 51.2 in December.“We have been pointing in this direction for the last several months, but this is the strongest...
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February 7, 2013
The Dodge Momentum Index rose 2.7 percent in January, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. The Momentum Index is a monthly measure of the first report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.The January increase for the Momentum Index marked its...
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January 17, 2013
The American Architectural Manufacturers Association and the Window & Door Manufacturers Association have jointly released the December 2012 update to the 2011/2012 U.S. Industry Statistical Review and Forecast.The organziations report that 2012 saw slow growth in nonresidential construction activity in categories favorable to nonresidential door volumes (hospitality, education,...
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December 21, 2012
Billings at architecture firms across the country continue to increase, with the Architecture Billings Index posting gains for the fourth straight month this fall. The November ABI score was 53.2, up from the mark of 52.8 in October, according to a release from the American Institute of Architects.“These are the strongest business conditions we have seen since the end of 2007 before the...
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December 10, 2012
All major segments of construction spending increased in October, bringing total spending to a 37-month high at an annualized rate of $872 billion, according to an analysis of new federal data released by the Associated General Contractors of America. Private nonresidential construction edged up 0.3 percent for the month and 11 percent compared with October 2011. Association officials warned...