Demand for design services has bolstered compensation for architects
AIA’s 2019 AIA Compensation Survey finds average pay for architecture staff positions up over $10,000 since 2017.
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Category: Reports and Stats
Decline in institutional building component drives Dodge Momentum Index lower in August
The Dodge Momentum Index, issued by Dodge Data & Analytics, dropped 1.3% from July to August to 137.8. The drop was the result of a 16.6% decline in the institutional component offsetting a 9.1% gain in the commercial component.
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Dodge Data & Analytics appoints Richard Branch as new Chief Economist
“Throughout my years at Dodge, I’ve had the privilege of working directly with Robert Murray and his team of expert economists that have their fingers firmly on the pulse of the construction industry,” said Richard Branch. “As Chief Economist, I’m excited and eager to build upon an already strong foundation, and further solidify Dodge as the premier, go-to resource for construction industry insight and authority on data, trends, and market activity.”
Read MoreNCARB releases latest data on licensure, diversity, and attrition
The release of the National Council of Architectural Registration Boards’ (NCARB) annual data report, NCARB by the Numbers, provides new insights into the makeup of candidates and metrics relating to the pursuit of architectural licensure.
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First half 2019 commercial and multifamily construction starts show mixed results by metropolitan areas
Last week, Dodge Data & Analytics released the First Half 2019 Commercial and Multifamily Construction Starts for the Top 20 metropolitan areas in the U.S. Within the top ten markets, six reported greater activity in 2019 and out of the top twenty markets, thirteen were able to register gains. At the national level, the volume of commercial and multifamily construction starts in 2019 was $101.4B, down 6% from last year’s $107.4 billion.
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AIA’s Architecture Billings Index shows continuation of soft readings
Demand for design services in July remained essentially flat in comparison to the previous month, according to a new report released today from The American Institute of Architects (AIA).
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Dodge Momentum Index July decline due to institutional pullback
The lower reading for the Dodge Momentum Index in July was due to a 10.2% pullback by its institutional segment following a 6.0% increase in June. The commercial segment in July was basically flat, slipping a slight 0.3%.
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Despite signals of impending declines, continued growth in nonresidential construction is expected through 2020
The American Institute of Architects (AIA) announces that spending on nonresidential building construction is expected to increase almost four percent this year and more than two percent in 2020, according to the new AIA Consensus Construction Forecast.
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June construction starts increase, while first six months down from a year ago
According to Dodge Data & Analytics, new construction starts in June advanced 9% from the previous month with increases in nonresidential building, office buildings, public buildings, healthcare facilities, and warehouses. However, through the first six months of 2019, total construction starts on an unadjusted basis were down 8% from the same period a year ago.
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Architecture Billings Index decreases in June
The American Institute of Architects (AIA) announced Wednesday the latest numbers for the AIA’s Architecture Billings Index (ABI) for June. According the report demand for services decreased in June to 49.1, in comparison to 50.2 in May.
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