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Tag Archives: Nonresidential construction
Architecture Billings Index Bounces Back in March
Architectural firms reported an increase in billings for the first time since September 2022, according to the American Institute of Architects (AIA). The organization’s monthly Architecture Billings Index (ABI) shows that March billings increased to 50.4 from February’s reading of … Continue reading
Nonresidential Construction Spending Expected to Slow Throughout 2023
Nonresidential construction will moderate in 2023 and slow significantly in 2024, the American Institute of Architects (AIA) reports. AIA chief economist Kermit Baker says the U.S. economy will face mounting challenges in 2023 thanks to inflation, rising interest rates and … Continue reading
Glass and Glazing Sees Strong Gains in November
Architectural glass-related nonresidential construction spending jumped again in November for a second-straight month of double-digit-percentage growth. The value of glass and glazing activity increased by more than 13% year-over-year on a seasonally adjusted annualized basis, according to Key Media & … Continue reading
Glass and Glazing Spending Up for Year, Down for Month
The value of architectural glass-related nonresidential construction was higher in June compared to a year ago. Spending on glass and glazing activity increased 2.6% year-over-year on a seasonally adjusted annualized basis, according to Key Media & Research (KMR), a leading … Continue reading
Value of Architectural Glass and Glazing Activity Edges Up
Spending on architectural glass-related nonresidential construction increased again in May compared to a year ago, though at a slower rate than in April. The value of glass and glazing activity was up by 1.7% year-over-year on a seasonally adjusted annualized … Continue reading
