Tag: American Institute of Architects

Business

Indexes indicate future growth in construction despite drop in August

The next 12 months should bring construction growth following a disappointing August, according to three recently released indexes. Destruction from Hurricanes Irma and Harvey, however, are causing additional uncertainty for the industry. One of those concerns is how the storms will affect the construction industry’s worker shortage. “Finding skilled workers will be essential to ensure the […]

September 25, 2017

Business

With increase in extreme weather, construction industry partners with Obama to work on more resilient building codes

Citing research linking climate change with an increase in extreme weather occurrences and the likelihood of further increases in the future, President Obama recently hosted government agencies and private groups at the White House for a Conference on Resilient Building Codes. The conference, and the declaration of May as National Building Safety Month, occurred as the […]

May 13, 2016

Business

Despite slow start to 2014 and concerns, top construction economists forecast growth in spending and jobs

The outlook from respected economists in the construction industry continues to be mixed as all the elements for growth are there but several factors could limit or hurt the industry’s ongoing recovery. Bernard Markstein, chief economist at Reed Construction Data, Kermit Baker, chief economist at the American Institute of Architects and Ken Simonson, chief economist […]

April 17, 2014

Business

Three construction economists forecast growth in construction spending through 2017, note causes for concern

Giving their opinions on how they see things shaking out in the remainder of 2013 and how things will shape up for 2014, three construction industry economists painted a fairly positive picture of growth with a tinge of uncertainty, according to a report from SmartBlogs. Kermit Baker, chief economist at the American Institute of Architects, […]

October 28, 2013

Business

Construction economists: spending on slow upward march, housing has long way to go

There are several pluses and minuses in today’s construction spending front, although the overall picture is trending upwards, agreed three construction economists participating in a Reed Construction Data forecast webinar today. “Construction is growing, but it is growing unevenly,” said Ken Simonson, chief economist for the Associated General Contractors of America. Simonson sees growth in […]

May 10, 2013

Business

Architecture Billings Index jumps to 54.2, bodes well for construction

Each month the American Institute of Architects releases its Architecture Billings Index and the latest round shows an increase to 54.2 in January. Any reading above a 50 on the index indicates a rise in demand for design services. The index indicates good things for construction because architectural billings tend to lead actual construction of projects […]

February 25, 2013

Business

Architects Billing Index inspires confidence in 2013 construction

The latest round of the American Institute of Architects Billings Index should make for a bit more confidence in the construction industry in 2013. The billings index rose to 53.2 in November, the highest level the index has reported since November of 2007. Any reading above a 50 indicates an increase in demand for design […]

December 31, 2012

Business

Final Take

By Lauren Heartsill Dowdle   Get rewarded for your giving Charitable projects are standard operating procedures for many contractors. You donate labor and equipment to drain a community baseball field, grade the new city park or put in bike paths and consider it part of your civic duty. To recognize such efforts, Case Construction Equipment […]

June 28, 2011