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2016 Construction Costs & Market Outlook

Building Information Management

Most forecasts anticipate a 4% to 6% overall increase in construction costs for 2016 and a growth rate of approximately 5%-10% for the non-residential sector (market dependent). percent growth in non-residential spending (AIA). Source-AIA Consensus Forecast). Source-AIA Consensus Forecast).

ABC 40
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Construction Industry Bounces Back in 2013

Constructonomics

Much of the growth in the construction industry can be attributed to the residential construction market where new home starts rose 7 percent from February 2013 to March 2013 to a seasonally adjusted annual rate of 1.036 million. The 7 percent rise in residential construction starts was largely due to a 26.9 and Residential at 60.9.

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PSMJ Resources Blog: Architecture Firms Rebound in November

PSMJ Resources

While inquiries for new projects also increased sharply, the biggest gains were seen among residential and commercial/Industrial firms, and those in the Southern U.S. Overall, firms are forecasting revenue gains averaging just below 2% for the year. and Residential is up 55.8 American Institute of Architects (AIA).

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PSMJ Resources Blog: Business Conditions at Architecture Firms.

PSMJ Resources

Firms with a residential specialization reported minimal growth, but this is still the eighth consecutive month of improving conditions for them. A Broader Economic Forecast. By market sector: Residential is down 50.5 —One-person firm in the Northeast, residential specialization. South is down 49.0 from 53.9,

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ABI improves; bellwether of economic upturn?

PSMJ Resources

This news should be viewed with cautious optimism," said AIA Chief Economist Kermit Baker. in February), multi-family residential (39.4, Proposal activity is ramping up (see PSMJ's Q1 2009 AEC Market Forecast) and projects are moving forward. Regionally, the ABI breaks down as follows: West (36.1, down from 36.4 up from 35.0

News 40
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PSMJ Resources Blog: Clinard Engineering Associates merges with.

PSMJ Resources

According to PSMJ’s transaction tracking, there have been 156 mergers or acquisitions in the industry in the first three quarters of the year and PSMJ is forecasting that pace to continue bringing the year’s total to pre-recession levels of 200+ transactions. American Institute of Architects (AIA). GreenSource.

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PSMJ Resources Blog: Residential Construction Continues to Struggle

PSMJ Resources

Residential Construction Continues to Struggle. New residential construction spending has been inching upward for the past three months. The forecast is for residential construction spending to fall 6.0% American Institute of Architects (AIA). Residential Construction Continues to Struggle. in 2012 and 7.3%