The Dodge Momentum Index dropped 5.1% in January to 143.7 (2000=100) from the revised December reading of 151.5. The commercial component of the Momentum Index was 7.8% lower in the month, while the institutional component was down 0.9%. The fourth quarter of 2017 was particularly strong for the Momentum Index, and January’s retreat returns it to a more sustainable level.
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The American Society of Interior Designers (ASID) released its 2018 Outlook and State of the Industry (OSI) report today, providing a scan of essential knowledge interior designers and the interior design industry require to thrive and remain competitive in 2018 and beyond. The 80-page ASID OSI explores the status of the U.S. economy as a whole and offers an in-depth look at the interior design and construction industries specifically; discusses current trends in design and their implications for the profession moving forward; and concludes with a look at the societal and technological advancements that will influence the interior design industry into the future.
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Landscape architecture firms experienced consistently healthy conditions for the fourth quarter of 2017, according to the latest American Society of Landscape Architects’ Business Quarterly survey. Although billable hours slightly retreated, inquiries for new work grew. A growing number of firms are planning to boost hiring during the first quarter.
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The global net-zero energy buildings (NZEBs) market is projected to reach USD 78.79 billion by 2025, according to the new report by Grand View Research, Inc. Net-zero energy buildings are those buildings where ideally 100% of their energy is generated and met with onsite renewable energy sources, thereby reducing the energy consumption over a span of time.
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Developed by RSMeans for the Brick Industry Association (BIA), the independent study compares the installed cost of total house construction for brick veneer over wood framing with the cost of adhered manufactured stone, stucco, horizontal wood siding, wood shingle, fiber cement and vinyl siding in major U.S. metro areas.
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New construction starts in October dropped 9% to a seasonally adjusted annual rate of $742.9 billion, pulling back after a 14% jump in September, according to Dodge Data & Analytics.
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The Dodge Momentum Index rose in October, climbing 13.2% to 130.9 (2000=100) from the revised September reading of 115.6. The move higher in October nearly reversed the erosion of the past four months (including September’s 7.9% decline), with October posting healthy gains in both sectors.
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Landscape architecture firms experienced stable conditions for the third quarter of 2017, according to the latest American Society of Landscape Architects’ Business Quarterly survey. Billable hours held steady, although inquiries for new work dipped slightly. Plans to hire over the next quarter fell.
Read MoreGensler today announced the results of its first-ever Gensler Experience Index, validating that design has a quantifiable impact on experience. The research identifies the key drivers of a great experience and provides a holistic framework for understanding experience across retail, public spaces, and workplaces.
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The Dodge Momentum Index fell in September, moving 8.4% lower to 116.4 (2000=100) from the revised August reading of 127.1.
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