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Most Infrastructure Categories Post Year-to-Date Declines Compared to 1st 8 Months of 2020, Reports AGC

Construction Superintendent Magazine

Total construction spending was flat between July and August, as a decrease in nonresidential projects offset continuing gains in residential construction, according to a new analysis of federal construction spending data the Associated General Contractors of America.

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Commercial work boosts construction new orders

Construction Enquirer

Construction buyers reported inflation easing to its weakest for 32 months while new business increased rapidly with the overall rise in construction order books the strongest recorded since April 2022. But w ork on residential building projects decreased for the sixth month running and at the steepest pace since May 2020.

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Two-Thirds of Metros Shed Construction Jobs from August 2019 to August 2020, AGC Urges Congress to Pass COVID Relief

Construction Superintendent Magazine

Construction employment decreased in 241, or 67%, out of 358 metro areas between August 2019 and last month, according to an analysis of new government data released by the Associated General Contractors of America. Project cancellations are spreading, and fewer new projects are starting up.

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Buyers report busy April despite housing slowdown

Construction Enquirer

Rising volumes of commercial work and civil engineering activity helped to offset the steepest decline in residential construction output since May 2020. New orders received by construction companies increased for the third consecutive month in April. in April from 50.7 in March keeping it above the neutral 50 value. ”

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40+ APAC Construction Industry Statistics You Need to Know

Autodesk Construction Cloud

There’s also plenty of good news: infrastructure investments are pouring in, sustainability continues to be a focus, and digital technologies are helping firms be more efficient. Spending on construction accounted for 13% of the global GDP in 2020; it’s expected to reach over 13.5% State of the Industry. Oxford Economics ].

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30+ Construction Industry Statistics for EMEA

Autodesk Construction Cloud

Spending on construction accounted for 13% of the global GDP in 2020; it’s expected to reach over 13.5% The European Union’s (EU) total investment in construction in 2020 was €1.4 The fastest-growing sector between 2020 and 2025 is forecasted to be infrastructure. It accounted for 44% of total global construction in 2020.

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Autodesk is Seeking Construction Innovators for Their Annual AEC Excellence Awards

Construction Junkie

The Innovator of the Year Award “will honor a pioneering individual who is using emerging technology and processes that are new to the AEC industry for improved efficiency and productivity that results in smarter cities, and smarter, more responsive buildings and infrastructure,” according to the competition’s website.