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Industry News archived by year:
September 30, 2008 Commercial Modular Construction Market Remains Solid
With shrinking budgets and recession affecting construction starts through the beginning of this year, commercial modular construction markets are still outperforming traditional sectors. Well know for speed-to-completion and insulation from high labor...
September 29, 2008 AGC Economist Analyzes Construction Outlook
Two recent private surveys and other reports indicate a mixed outlook for construction. New construction starts slipped 3% in August, seasonally adjusted, and were down 15% year-to-date (YTD) in January-August 2008 compared to the same period of 2007,...
September 29, 2008 More Negative Conditions for Architecture Billings Index
Washington, D.C., September 17, 2008 — While conditions have improved somewhat for three consecutive months, the Architecture Billings Index (ABI) continues to point to unfavorable conditions for the nonresidential construction market. As a leading...
September 26, 2008 US Construction Costs Jump Dramatically in Second Quarter
Latest Quarter-over-Quarter (Annualized) Change in Construction Costs is 18.5% The latest annualized quarter-over-quarter percent change in construction costs in the United States has been an alarming 18.5%, according to RSMeans’ July 2008 Construction...
September 18, 2008 Construction Spending Lowest in 7 Years
Construction spending took a bigger-than-expected tumble in July as housing activity dropped to the lowest level in seven years - and nonresidential activity fell for the first time in seven months. The Commerce Department reported Tuesday that...
September 15, 2008 Recession Catches Up with Office Construction
Office construction has declined slightly so far this year with further small declines expected over the next year but office development has a small amount of growth left in this building cycle as soon as growth resumes in the domestic economy next...
September 12, 2008 Education Construction Slips Lower
The subpar economy and the recent surge in construction materials cost are progressively depressing education construction spending. The inflation adjusted value of education construction spending has dropped 3-4% since last fall. Above budget costs are...
September 9, 2008 Schools Across America Rapidly Turning Green
Tens of thousands of students across the country will go back to school this fall to find their halls and classrooms turning green – as in environmentally sound and healthy, energy efficient and high performing. Hundreds of thousands of additional...
September 2, 2008 Green Schools at the Top of the Agenda for US Communities