Tag Archives: Kermit Baker

Gauges for Builder Confidence and Architectural Billings Offset

Two leading indicators for construction forecasting registered opposing measures recently—one pointing to a downturn in builder confidence, while the other indicates more construction projects could be on the way for multi-family. The National Association of Home Builders (NAHB) announced that … Continue reading

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Architecture Billings in Positive Territory After Year of Decline

A new report from the American Institute of Architects (AIA) shows that the nearly three-point bump in January has continued to carry the Architecture Billings Index (ABI) to its first positive mark since February 2020. AIA’s ABI score for February … Continue reading

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Political Outcomes Not Expected to Sway Demands for Housing

Manufacturers were assured this week that the result of a presidential election should have minimal impact on demands stemming from housing. But that didn’t stop the Window and Door Manufacturers Association (WDMA) from delving into the election as part of … Continue reading

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Nonresidential Building Spending to Decline Through 2021

As a result of the partial economic shutdown, businesses and organizations will continue to be hesitant to invest in modernized or new facilities, according to a mid-year update to the American Institute of Architects’ (AIA) Consensus Construction Forecast. The trend … Continue reading

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Construction Economy Continues Up, But Not Without Challenges

Is construction gaining or waning? That was the question industry economists addressed last week in a spring economic forecast webinar hosted by CMD Group. In terms of the overall U.S. economy, American Institute of Architects (AIA) chief economist Kermit Baker­ … Continue reading

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