Construction spending fell 1.3% in June 2017 to an estimated seasonally adjusted annual rate of $1,205.8 billion, according to the latest report from the U.S. Census Bureau.  May’s estimate was revised down from $1,230.1 billion to $1,221.6 billion and April’s estimate was revised back down from $1,230.4 billion to $1,217.7 billion. Construction spending is the […]

The Architecture Billings Index (ABI) recorded its fifth consecutive month of growth in billings in June according to the latest report from the American Institute of Architects (AIA). June’s score of 54.2 was up from May’s score of 53.0 and the second highest score of the year, just under March’s 54.3. With the exception of […]

Construction spending remained relatively unchanged in May with the seasonally adjusted annual rate of construction spending estimated at $1,230.1 billion, according to the latest report from the U.S. Census Bureau. April’s estimate was revised up from $1,218.5 billion to $1,230.4 billion. March’s estimate was revised up again from $1,235.5 billion to $1,239.6 billion. May’s estimate […]

For the seventh straight year, AEC Cares took on the Herculean task of renovating a building serving a local community in a single day. This year’s “blitz build,” dubbed projectOrlando, saw the revitalization of the Coalition for the Homeless of Central Florida’s Center for Women and Families (CWF). This year’s annual “blitz build” took place […]

Last week, Missouri Governor Eric Greitens signed legislations effectively banning the use of project labor agreements (PLAs) on public construction projects. The new legislations basically extends the current ban on state agencies from requiring PLAs to also cover local governments. Previously, state and local agencies were barred from mandating the use of PLAs on projects […]

The seasonally adjusted annual rate of construction spending fell 1.4% in April to an estimated $1,218.5 billion, according to the latest report from the U.S. Census Bureau. March’s estimate was revised up from $1,218.3 billion to $1,235.5 billion, a new record high. February’s estimate was also revised up again from $1,220.7 billion to $1,221.7 billion. […]

For the third straight month, the Architecture Billings Index (ABI) has seen an increase in design service billings. According to the latest report from the American Institute of Architects (AIA), the April ABI score was 50.9. This is lower than the score of 54.3 in March but still marks growth in demand for design services. […]

The seasonally adjusted annual rate of construction spending for March 2017 was estimated at $1,218.3 billion, per the latest report from the U.S. Census Bureau. This is 0.2% below February’s estimate which was revised up from $1,192.8 billion to a record high of $1,220.7 billion. January’s estimate was also revised up again from $1,183.8 billion […]