Tag Archives: Nonresidential construction

Riding the Roller Coaster: Experts Offer Conservative but Optimistic Outlook

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Though experts predict the construction market may still have a ways to go before it reaches a full rebound, they were positive about the present outlook during a recent webinar provided by Reed Construction Data. Titled “Riding the Roller Coaster: … Continue reading

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Building Construction Employment Stable from March to April

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The number of building construction employees remained stable from March to April 2013 with a slight 0.1 percent increase, according to the latest report from the Bureau of Labor Statistics (BLS). The BLS estimates that approximately 1.262 million (seasonally adjusted) … Continue reading

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Code Hearings Continue with Approval of Proposal Related to Glass Doors

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The International Code Council’s (ICC) Committee Action Hearings continue this week in Dallas, and among the review of a number of glass- and fenestration-related proposals, one related to codes for glass entry doors was approved. RE5-13, proposed by Shaunna Mozingo of … Continue reading

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Architecture Billings Continue to Gain Momentum

The latest Architecture Billings Index (ABI) from the American Institute of Architects (AIA) reflects a steady upturn in design activity. The ABI reflects the approximate nine- to twelve-month lag time between architecture billings and construction spending. AIA has reported that the March … Continue reading

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Building Construction Employment Up 8.5 Percent from January to February

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The number of building construction employees rose 8.5 percent from January to February 2013, according to the latest report from the Bureau of Labor Statistics (BLS). The BLS estimates that 1,251.7 thousand (seasonally adjusted) were employed in building construction-related jobs … Continue reading

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Architecture Billings Index Continues to Improve

The Architectural Billings Index (ABI) is continuing to rise, according to the latest report from the American Institute of Architects (AIA). The February ABI score was 54.9, up slightly from a mark of 54.2 in January. The ABI reflects the … Continue reading

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Dodge Momentum Index Sees February Increase; Highest Level Since April 2010

The Dodge Momentum Index rose 6.3 percent in February, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have … Continue reading

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AIA Predicts Incremental Increase in Nonresidential Construction Spending for 2013

The nonresidential construction industry is expected to see a 5-percent rise in spending this year, according to the American Institute of Architects (AIA) semi-annual Consensus Construction Forecast, and is expected to grow at a faster rate than the overall U.S. … Continue reading

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New Construction Starts Rise 23 Percent in December

New construction starts rose 23 percent in December to a seasonally adjusted annual rate of $530.0 billion, according to the latest report from McGraw-Hill Construction, a division of The McGraw-Hill Companies. Specifically, December saw gains in nonresidential building and nonbuilding … Continue reading

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