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Nonresidential Lifts Construction Starts in June
Thanks to nonresidential building, new construction starts in June grew 4 percent from the previous month to a seasonally adjusted annual rate of $679.9 billion, according to Dodge Data & Analytics. Nonresidential building increased 13 percent in June, strengthening after … Continue reading
Posted in Today's News, Trends
Tagged Dodge Data & Analytics, new construction, nonresidential building
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Architecture Billings Increase in June
For the fifth straight month, architecture firms recorded increasing demand for design services, according to the June Architecture Billings Index (ABI). The American Institute of Architects (AIA) reported the June ABI score was 54.2, up from 53.0 in the previous … Continue reading
Dodge Momentum Index Rises in June
The Dodge Momentum Index took another step forward in June, increasing 1.1 percent to 141.1 (2000=100) from its revised May reading of 139.6. June’s lift was due to a 4.8-percent advance by the institutional sector, while the commercial component fell … Continue reading
Construction Backlog Increases in Early 2017
The Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) increased to nine months during the first quarter of 2017, up 8.1 percent from the fourth quarter of 2016. The CBI rose by 0.4 months, or 4 percent, on a … Continue reading
Posted in Today's News, Trends
Tagged ABC, Associated Builders and Contractors, CBI, Construction, Construction Backlog Indicator
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Architecture Billings Increase in April
After beginning 2017 with a slight decline, the Architecture Billings Index (ABI) has shown three straight months of growth in design revenue at architecture firms. The American Institute of Architects (AIA) reported the April ABI score was 50.9, down from … Continue reading
