economy

A new AIA Consensus Construction Forecast Panel report finds that construction spending on nonresidential buildings is likely to grow by 4.4 percent through 2019. By ARCHITECT Staff The following is a press release from the American Institute of Architects (AIA) predicting that...

While growth slowed again in July, overall billings still increased last month. By Katharine Keane, Hanley Wood Data Studio The AIA’s monthly Architecture Billings Index (ABI) came in at a score of 50.7 in July, marking the 10th consecutive month of gains. The ABI is a...

The unemployment rate edged back down by 0.1 percent in July to 3.9 percent. By Katharine Keane, Hanley Wood Data Studio The U.S. economy added 157,000 jobs in July, according to the monthly employment report released today by the U.S. Department of Labor’s Bureau of Labor...

This marks a nearly 8 percent increase from last July, when the U.S. economy added 203,000 positions. By Ayda Ayoubi The U.S. economy added 219,000 private, non-farm jobs in July according to the monthly employment report released today by payroll-management firm ADP and its...

Demand for design services in the multifamily residential sector dominated billings by sector for the fifth consecutive month. By Hanley Wood Data Studio The AIA’s monthly Architecture Billings Index (ABI) came in at a score of 51.0 in March, marking the sixth consecutive...

The reduced activity in February followed a 2 percent decline in January, as the early months of 2018 are showing some loss of momentum after the 12 percent increase reported back in December. This story was originally published in Builder. At a seasonally adjusted annual rate of...

Job creation exceeded economists’ expectations, and unemployment held at an 18-year low for the fifth consecutive month. By Hanley Wood Data Studio The U.S. economy added 313,000 jobs in January, according to the monthly employment report released today by the U.S....

Billings re-entered positive territory in October, following September’s decline in demand for design services—the first decline seen in seven months. By Hanley Wood Data Studio The monthly Architecture Billings Index (ABI) came in at a score of 51.7 in October, up 2.6...

Construction sheds 15,000 jobs, due to weakness in public and private, nonresidential sectors. By Hanley Wood Data Studio The U.S. economy added 147,000 private, non-farm jobs in October, according to the monthly employment report released this morning by payroll-management firm...

Construction and manufacturing rebound while historical data sheds light on how June’s hiring slowdown impacted architecture, engineering, and construction. By Hanley Wood Data Studio Building on momentum gained from June’s rebound, the U.S. economy added 255,000...