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2021 construction forecast: Nonresidential building spending will drop 5.7%, bounce back in 2022

BD+C

Slowing demand at architecture firms last year is expected to contribute to a projected 5.7% decline in construction spending for 2021, according to a new consensus forecast from The American Institute of Architects (AIA).

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The decade ahead: Forecast for design in 2020 and beyond

BD+C

As the oldest continually operating architecture and engineering firm in the country, SmithGroup has seen many changes in the world of design. We are always focused on our mission to Design a Better Future, so with the dawn of the 2020s upon us, we are anticipating what the coming decade will bring to our industry and profession.

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Multifamily housing sector sees near record proposal activity in early 2021

BD+C

The first three months of the year saw housing lead all 12 major markets in the PSMJ Resources Quarterly Market Forecast survey of architecture, engineering, and construction (AEC) firms. . Multifamily topped the four other housing submarkets, though all performed well. .

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Multifamily market flattens as construction proposal activity sinks

BD+C

The Quarterly Market Forecast (QMF) survey of architecture, engineering and construction (A/E/C) firms reported the first negative result for Multifamily since the 3rd Quarter of 2010. After more than nine consecutive years of steady growth, proposal activity in the U.S.

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Architecture and engineering industry outlook remains positive on all major indicators

BD+C

While still below pre-recession levels, all of the key indicators in the latest Quarterly Market Forecast (QMF) report from PSMJ Resources, Inc. This is a clear signal of continued optimism by architecture and engineering (A/E) firm leaders as we approach the finish line for 2013 and begin contemplating what is in store for 2014.

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AEC firms upbeat about financial results, 2015 looking rosier [exclusive BD+C survey]

BD+C

architecture, engineering, and construction companies, with a majority of AEC firms reporting higher revenues, strong forecasts, and sound financial health, according to Building Design+Construction’s fourth annual Market Forecast Survey. The market outlook is brighter for U.S. Body Image: read more.

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Multifamily construction proposal activity sees modest rebound in Q2 2020

BD+C

The design and construction outlook for Multifamily Housing is again moving in the right direction, according to the PSMJ Resources’ Quarterly Market Forecast (QMF). .