Despite posting the strongest score of 2016 in December, the Architecture Billings Index (ABI) slipped in January to a score of 49.5 indicating a small decline in billings. The ABI is a leading indicator for future nonresidential construction spending and activity. The average lead time is nine months to a year between billings and construction […]

The seasonally adjusted annual rate of construction spending for December 2016 was estimated at $1,181.5 billion, according to the latest report from the U.S. Census Bureau. This is 0.2% below November’s estimate which was revised up from up from $1,182.1 billion to $1,184.4 billion. October’s annual rate was revised back up from $1,171.4 billion to […]

The Architecture Billings Index (ABI) reported a second straight month of increase in design services following two consecutive months of shrinking demand. The November ABI score of 50.6 was down just a tick from October’s 50.8, according to the American Institute of Architects (AIA). This still reflects an increase in demand for design services since […]

The Bureau of Labor Statistics (BLS) recently released their 2015 Census of Fatal Occupational Injuries (CFOI) and the construction industry once again topped the list with 937 worker deaths. This is about a 4% increase in occupational fatalities over the 899 reported for 2014. This is the largest number of construction worker deaths since 2008. […]

The seasonally adjusted annual rate of construction spending for October was $1,172.6 billion, according to the latest report from the U.S. Census Bureau. This is 0.5% higher than September’s estimate which has been revised up from $1,150.0 billion to $1,166.5 billion. August’s figure has also been revised up from $1,154.4 billion to $1,166.5 billion. October’s […]

Following consecutive months of shrinking demand for design services, the Architecture Billings Index (ABI) saw a slight increase in October with a score of 50.8. (Scores above 50 indicate an increase in billings and scores below 50 indicate a decrease.) The ABI acts as a barometer for future nonresidential construction spending and activity with the […]

Demand for design services fell again in September according to the latest Architecture Billings Index (ABI) from the American Institute of Architects (AIA). The last time the ABI posted two consecutive months of a decrease in design services was back in the summer of 2012. It’s too early to say whether this recent downturn is […]