News for July 2019

Bad sign for commercial real estate: The architecture business is slowing down

All aspects of the architecture business are suddenly slowing, indicating an overall weakening in commercial real estate demand. A key read on the industry, the Architecture Billings Index, fell into negative territory in June,   according to the American Institute for Architects. Inquiries for new projects hit a decade low, while design contracts also fell.  Read … read more

Labor Shortage Survey

Construction Labor Shortages Survey .. Measuring the Scope survey will close by the middle of August As demand for construction in most parts of the country continues to expand and the number of unemployed construction workers hits record low levels, AGC of America and Autodesk are working to better quantify where these shortages are taking … read more