Follow this tag to curate your own personalized Activity Stream and email alerts.
The latest construction starts statistics revealed by Dodge Construction Network for January report that the total number of starts grew 1% to a seasonally adjusted annual rate of $1.16 trillion. Nonbuilding starts rose 9% during the month, while nonresidential building starts fell by... View full entry
The latest data contained in the AIA/Deltek Architecture Billings Index (ABI) for the month of January has shown a slight increase from December's 45.4 total to a new score of 46.2, signaling a continued weakening in business conditions as we enter 2024 following a year of heavy economic... View full entry
The dominance of starchitect-led high rises in London is the result of the UK’s subjective planning system, according to a new opinion piece in The New York Times. Taking aim at the city’s “weird” skyline, business and economics columnist Peter Coy argues that “developers hire star... View full entry
A new study conducted by the group Grand View Research Inc. has indicated a likely rise in the global demand for architectural services to a market share of $523.2 billion by the end of the decade. The study cites the rates of urbanization in countries such as Brazil and India alongside a... View full entry
The latest Dodge Momentum Index (DMI) report has shown a slight increase of 0.1% for January to a new total of 184.1, indicating an improvement over December’s revised figure of 183.9. Over the month, commercial planning fell by 1.0%, while institutional planning improved by 2.1%. Year... View full entry
Southern California architecture studio ShubinDonaldson has been renamed Donaldson + Partners following the departure of Founding Partner Russell Shubin. The firm, based in Los Angeles and Santa Barbara, was founded in 1991 by Shubin alongside Robin Donaldson, who remains as a Founding Partner... View full entry
The AIA’s chief economist Kermit Baker has offered reflections on the economic context facing architecture firms throughout 2024. Baker, who previously shared reflections with Archinect on the industry’s recovery from the COVID-19 pandemic, says that “while 2024 may indeed end up looking a... View full entry
The San Francisco office of DLR Group has announced its acquisition of two smaller local specialty design practices in a move that will expand services to clients in the areas of civic and public safety design as well as high-end hospitality and residential interiors. Thirty-five-year-old... View full entry
The new December Architecture Billings Index from the American Institute of Architects has shown a continued decline in business conditions to end the year 2023. The new index score of 45.4 was essentially left flat from November’s totals (any score below 50 indicates a decline) though there... View full entry
Spending on nonresidential buildings will see a minor 4% increase in 2024 despite a 20% increase in 2023, according to the AIA’s latest Consensus Construction Forecast. In 2025, meanwhile, the pace is expected to slow to just over 1% growth. Across key sectors, manufacturing construction will... View full entry
The latest data from Dodge Construction Network has shown an impressive 20% growth in new construction starts to a seasonally adjusted annual rate of $1.2 trillion for the month of December, offering encouraging statistics for the industry in a turnaround from November’s ten-month low. For the... View full entry
Building permits and construction starts for residential projects in the United States declined by approximately 10% in 2023 versus 2022, according to new data by the U.S. Census Bureau. An estimated 1,469,800 housing units were authorized by building permits in 2023, which is 11.7% lower than in... View full entry
The notion that factory-built modular homes can serve as the salvation to America's vexing housing crisis has increasingly come under scrutiny, a report summarized recently in Business Insider. A crippling lack of widespread success for modular housing startups can be attributed to state and... View full entry
The latest Associated Builders and Contractors (ABC) construction input price analysis for the month of December has registered a 0.6% decrease over November’s trend-reversing totals. Nonresidential construction input prices were down another 0.4%, with the commercial and multifamily sectors... View full entry
The latest Dodge Momentum Index (DMI) has posted an increase of 3% for December to a new total of 186.6, showing a marked improvement over November’s revised figure of 181.5. For the month, commercial planning grew 1.0%, and institutional planning improved 6.1%. Hotels and data centers... View full entry