For media inquiries: Email Deborah Reale

ConstructConnect lowers 2017 starts forecast amid infrastructure uncertainty

An anticipated decline in the value of nonresidential starts is pushing down ConstructConnect’s projection for growth in the value of 2017 year-over-year construction starts from 4.8% as of Q2 to 4.5%, per its Q3 2017 Construction Starts Forecast Report. Growth for the rest of 2017 will be driven by gains in residential (4.8%) and civil engineering (16.5%). Read more.


Leading forecast revises 2017 construction starts slightly downward

The Q3 2017 Forecast Quarterly Report of ConstructConnect (iSqFt, Construction Market Data, BidClerk, Construction Data source) has trimmed projected U.S. total construction starts growth for this year against 2016 from 4.8 percent to 4.5 percent, and the 2018 year-over-year gain from 6.0 percent to 5.9 percent. Read more.


Growth Projection for U.S. Total Construction Starts Revised Slightly Downward

ConstructConnect quarterly report shows courthouses and sports stadiums to end 2017 with a flourish Read more.


Nonresidential Construction Starts Stumble in June

The value of June nonresidential construction fell 13.7% from May, according to ConstructConnect. The decline is a significant departure from the typical May-to-June bump of 4.5%. Read more.


ConstructConnect: June nonresidential starts fall 13.7%

June 2017 construction starts, excluding residential activity, fell -13.7% versus May 2017. Read more.


ConstructConnect: May nonresidential starts climb 5%

The value of May nonresidential construction increased 5% from April, rebounding from that month’s 7.2% decrease but falling short of the typical 8% April-to-May uptick, according to ConstructConnect. Read more.


Keating Report: 2017 forecast on government budgets and spending

For the U.S. as a whole, value of non-residential construction, including highways, airports and other public works projects should reach $281.77 billion in 2017, which is just a little more than 2016 spending of $281.75 billion. Read more.


Construction Starts Down Slightly through First Four Months

Year-to-date construction starts through April are down slightly compared to the same period in 2016, according to ConstructConnect. Read more.


Economist Lowers Expectations For 2017, 2018.

ConstructConnect released of its Q2 2017 Forecast Quarterly Report yesterday, revising its 2017 predictions and modifying its 2018 outlook. Read more.


ConstructConnect lowers 2017 starts forecast due to weak Q1 activity

ConstructConnect said 2017’s weak performance thus far relative to 2016 leaves a window for increased government stimulus spending. Read more.


Total U.S. Construction Starts Pulled Back in First Quarter 2017

ConstructConnect announced today the release of its Q2 2017 Forecast Quarterly Report. The report sets out a year-over-year grand total 2017 starts change that has been eased back to +4.8% from the +7.4% figure that was estimated in Q1 of this year. Read more.


Big Declines in Industrial, Commercial Drag Down April Nonresidential Construction Starts

April saw a -7% drop in nonresidential construction starts despite the usual seasonal pattern of a 12% increase this time of year. Read more.


ConstructConnect Sponsors AEC Cares to Benefit the Coalition for the Homeless of Central Florida

This year, AEC Cares joined forces with the Coalition for the Homeless of Central Florida to renovate its Center for Women and Families. Read more.


ConstructConnect’s Chief Economist Talks Construction Trends With AEC Café

Alex Carrick, ConstructConnect Chief Economist, speaks with Sanjay Gangal of AEC Café and provides his thoughts on design and construction trends. Read more.


Architects Offer Advice to Building Product Suppliers

The American Institute of Architects’ advice to building-product manufacturers and material suppliers: Improve your websites, provide free, product-related continuing education to design firms and hone your expertise on your offerings to strengthen
your rapport with your customers. Read more.


ConstructConnect’s December Starts Defied Seasonality With 3.4% Increase

ConstructConnect announced today that December’s level of U.S. construction starts, excluding residential activity, was $24.0 billion, an increase of 3.4% versus the dollar volume in the period before. Read more.


Office construction boom predicted for 2017

It’s barely February, but analysts are already predicting a bumper crop of office construction in the U.S. this year. Read more.


ConstructConnect: December nonresidential starts see unexpected 3% rise

The value of December nonresidential construction starts rose by an unseasonal 3.4% to $24 billion, ignoring the typical November-to-December decline of 5% and recapturing a small piece of November’s 22% dive, according to ConstructConnect. Read more.


Why 2017 will be the year of office construction

There’s no denying it: Office construction in the U.S. is on the rise and will be for the foreseeable future. Read more.


ConstructConnect, ABI, Beige Book signal positive, but mixed, outlook for starts

The value of nonresidential construction starts decreased 5.6%, not seasonally adjusted, year-over-year (y/y) from December 2015 to December 2016 but increased 6.8% for the full year, data provider ConstructConnect reported on Tuesday. Read more.


ConstructConnect: Nonresidential construction starts jump 15% in October

The value of October nonresidential construction starts increased 15.1% from September to $29.5 billion, a welcome departure from the standard 4% seasonal drop, according to ConstructConnect. Read more.


Nonresidential US Construction Starts Jump 15% in October

October’s level of U.S. construction starts, excluding residential work, was $29.5 billion, a surprisingly nice surge of 15.1% versus the level in the period before, according to ConstructConnect. Read more.


What you missed at Greenbuild 2016: Insights from Bjarke Ingels, NAHB, Lendlease and more

The 2016 Greenbuild International Conference & Expo wrapped up last week. In case you missed the show, we’ve rounded up some of the most notable observations and insights from speakers and expert attendees during the conference. Read more.


Houston, Oklahoma City Office Markets Feel the Fallout from Oil Price Declines

Over the course of the past year, as oil prices hovered near the $30.00 per barrel mark, cities that rely on the energy sector for their economies, including Houston, Dallas, Denver and Tulsa and Oklahoma City, Okla., experienced office vacancies
that spiked to double digits. Read more.


Sales of Medical Office Properties, Though Healthy, Trail Behind Last Year’s Levels

After a stellar 2015, investment sales volumes and construction in the medical sector are showing a healthy pace. Read more.


Forecast: US Put-in-place Construction Spending Forecast Revised Down for 2016, 2017

ConstructConnect’s forecasts total construction spending will be 3% lower than originally forecast for 2016 and nearly 2% lower than forecast for 2017. Read more.


U.S. Construction is on the rebound after the Great Recession

“Population growth accounts for a great deal of construction work,” said Alex Carrick, chief economist for ConstructConnect, an organization of construction professionals. Read more.


A Building Boom is Driving Economic Growth in Most States

Nearly a decade after the Great Recession stalled construction nationwide, the industry is roaring back: In 43 states, construction is now contributing more to the economy than it did in 2010, creating a demand for skilled workers and transforming
skylines from Boston to Oklahoma City. Read more.


Commercial, institutional sectors drag nonresidential construction starts down to 5.4%

The value of July nonresidential construction starts fell 5.4% from June to $33.6 billion, defying the usual 3.5% seasonal uptick, according to ConstructConnect. Read more.


July US Nonresidential Starts Drop 5%

July’s level of U.S. construction starts, excluding residential work, was $33.6 billion, a month-to-month change of -5.2% versus June, according to ConstructConnect. Read more.


2016 Could Signal a Cyclical Peak in Commercial Construction

Commercial developers have been busy in 2016. Construction starts saw a hearty boost this year, fueled by multifamily, office and lodging sectors. But analysts expect rates of new construction to taper off through 2020. Read more.


AGC’s Data DIGest: July 8-14, 2016

The producer price index (PPI) for final demand in June, not seasonally adjusted, increased 0.7% from May but only 0.3% year-over-year (y/y) from June 2015, the Bureau of Labor Statistics (BLS) reported today. Read more.


AGC Reports: Construction and Construction Jobs Rise in Past Year

Seasonally adjusted construction employment rose in 39 states from May 2015 to May 2016 and declined in 11 states and the District of Columbia, an AGC analysis of Bureau of Labor Statistics data released last week showed. Read more.


AGC’s Data DIGest: June 17-23, 2016

Seasonally adjusted construction employment rose in 39 states from May 2015 to May 2016 and declined in 11 states and the District of Columbia, an AGC analysis of Bureau of Labor Statistics (BLS) data released on Friday showed. Read more.


As scars heal, commercial builders take more work and make more money

In late May, general contractor Keith Jones watched as subcontractors erected the steel skeleton of a new Rite-Aid at the intersection of Victory and Eagle roads just east of Meridian’s city limits. Read more.


June construction starts up 4% — but seasonal decline is on the horizon

Year over year, total jobs in architectural and engineering services were up 2%, and, while construction employment was stagnant from May to June, ConstructConnect noted that year to date, the industry has seen a net job gain of 46,000. Read more.


June Construction Starts Rise at Usual Seasonal Pace

Construction starts in the U.S., excluding residential work, rose 4.2 percent in June compared to May, according ConstructConnect chief economics Alex Carrick. Read more.


Assemble, iSqFt Release 3D Bid Management Platform

Assemble Systems, the leading provider of Construction Data Management solutions and iSqFt, the leader in online Bid Management for the construction industry, announced the release of their integrated 3D bid management platform. Read more.


BIM Going Mainstream at Estimation Technology Conference

Assemble Systems, the leading provider of Construction Data Management solutions and iSqFt, the leader in online Bid Management for the construction industry, announced a joint presence at the upcoming Estimation Technology for Construction Conference in San Francisco. Read more.


Fast-growing iSqFt combines with 3 firms to form new company

Fast-growing iSqFt combined with three other companies to form a new firm called ConstructConnect. Norwood-based iSqFt combined with BidClerk, Construction Data Co. and Construction Market Data to form ConstructConnect. Read more.


AEC Cares to Refresh the Athletic Facility Recreation Center in May

On May 18th the Athletic Recreation Center in Sharswood is getting an extreme makeover thanks to AEC Cares, a joint effort of CMD, AIA National and Hanley Wood Media and local partners AIA Philadelphia, the Community Design Collaborative, and Philadelphia Parks and Recreation. Read more.


Assemble Systems and iSqFt Forge Partnership to Accelerate Use of BIM in Preconstruction

Exclusive agreement offers unprecedented sharing of 3-D models between general contractors and subcontractors to reduce errors and time during bidding process. Read more.


Fast-growing iSqFt merges with competitor, nearly doubles in size

The two fastest-growing software-as-a-service companies in the commercial construction segment have merged to create a 550-employee company based in Blue Ash. Read more.