Articles Tagged with ''economic analysis''

With federal data frozen by the shutdown, new industry reports reveal steady growth in design services but rising financial and labor pressures.

The American Institute of Architects (AIA) collects and analyzes data from hundreds of architecture firms to create the industry’s most comprehensive and reliable report on salary and benefits.

In August, architecture firms experienced continued softness, with an AIA/Deltek Architecture Billings Index (ABI) score of 47.2.

The One Big, Beautiful Bill delivers sweeping, mostly taxpayer-friendly changes by locking in lower income tax rates, boosting standard deductions, and expanding deductions for tips, overtime, and auto loan interest while also raising the SALT cap and enhancing estate and business tax breaks.

The AIA/Deltek Architecture Billings Index (ABI) continues to weaken posting a score of 46.2 for July, down from 46.8 in June, indicating that a majority of firms are still experiencing declining firm billings.  

Construction input prices increased 0.4% in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released.

With the Trump administration enacting a 50 percent tariff on steel and copper and a 25-35 percent tariff on lumber, construction businesses are rushing to figure out how they can stay ahead of costs, according to industry leaders at EPD. 

The AIA/Deltek Architecture Billings Index remained in negative territory in June with a score of 46.8, down from 47.2 in May as more firms reported a decrease in billing.

Spending on nonresidential construction is projected to increase only 1.7 percent this year and grow very modestly to just 2.0 percent next year, according to The American Institute of Architects (AIA) mid-year Consensus Construction Forecast.

The Concrete Masonry Checkoff (CMC) put the finishing touches on an ambitious five-year vision for the industry, targeting a 20% increase in market share, driven by increased demand for concrete masonry products.