construction spending
Construction Spending Slows, Reflecting Economy’s Pace
Marcum LLP’s new Commercial Construction Index for the second quarter of 2019 shows that the reduction in expenditures is following the decreasing pace of U.S. economic growth.
Economy Watch Weekly: Declining Unemployment, Strong Prospects Define 2018
Unemployment rates in May 2018 were lower than a year earlier. Despite labor shortages and rising interest rates, contractors were optimistic in the first quarter of 2018. Economy Editor Dees Stribling gives a breakdown of this topic, for the week ending June 29, 2018.
Economy Watch: Contractors Expect 2018 to Remain Strong
Despite macroeconomic challenges, nonresidential contractors are optimistic about prospects for the rest of the year, the Associated Builders and Contractors’ Construction Confidence Index shows.
Economy Watch: More Buildings Enter Planning Stage in May
Sixteen projects each with a value of $100 million or more entered planning in May, up from 12 developments in April, according to the latest Dodge Data & Analytics report.
Economy Watch: Number of Planned CRE Projects Jumped in April
Twelve projects each with a value of $100 million or more entered planning in April, up from six projects in March, according to the latest Dodge Data & Analytics report.
Economy Watch: Construction Spending Edged Up in February
A considerable drop in public construction spending brought down the overall increase for the month, according to the U.S. Census Bureau.
Economy Watch: Architecture Billings Growth Modest in February
The news from the AIA comes as the Federal Open Market Committee raised interest rates, effectively increasing the cost of money.
Economy Watch: Nonresidential Project Planning Up Slightly in February
The month’s increase was the result of an 8.2 percent bump in institutional projects, while the commercial component contracted for the second month in a row, according to the latest Dodge Data & Analytics report.
Economy Watch: Construction Spending Stands Pat in January
Construction in some major property types were down for the month, including office and industrial, according to a recent U.S. Census Bureau report.
Economy Watch: Architects’ Busy January Bodes Well for Development
Strong billings and healthy growth in new projects to start off 2018 are driving architecture firms’ optimism about business conditions this year.