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DCD Design Cost Data

Tradewinds


Construction Employment Rises In 43 States & D.C. From September 2022 To September 2023, While 28 States & D.C. Added Employees Last Month

Construction Employment Rises In 43 States & D.C. From September 2022 To September 2023, While 28 States & D.C. Added Employees Last Month

Posted: October 20, 2023 | Tradewinds

Texas and Wyoming Top Lists of Year-over-Year Gains, While Missouri, North Dakota Record the Worst Losses; Oregon and Rhode Island Lead in Monthly Increases, While Virginia and Alaska Experience Largest Declines

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Construction Starts Drop 6% as Fewer Megaprojects Move Forward

Construction Starts Drop 6% as Fewer Megaprojects Move Forward

Posted: October 20, 2023 | Tradewinds

“Risks continue to mount for the construction sector,” said Richard Branch, chief economist for Dodge Construction Network. “Over the last 12 months, construction starts have essentially froze as rates increased and credit tightened. The industry needs further adjusting as rates are expected to stay higher for longer, along with the potential for higher energy costs and continued political uncertainty. A return to broad-based growth in construction starts is still some time away.”

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Metal wall cladding helps to add years of life to aging housing project

Metal wall cladding helps to add years of life to aging housing project

Posted: October 20, 2023 | Tradewinds

Public housing developments across the United States are aging – according to the Urban Institute, 51% of public housing units were built before 1975. This means buildings can lack basic features like adequate insulation and air conditioning that are important for keeping residents healthy and comfortable. A recent renovation project for the Minneapolis Public Housing Authority’s Elliot Twin Towers development shows how these facilities can be upgraded to add decades to their usefulness and comfort to their residents’ lives. A metal wall panel system was used for a creative effect in this project, adding both insulating value and upscale visual flair.

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AIA/Deltek Architecture Billings Index Reports New Decline in Business Condition

AIA/Deltek Architecture Billings Index Reports New Decline in Business Condition

Posted: October 19, 2023 | Tradewinds

“The September ABI score reflects a marked downturn in business conditions at architecture firms, with the sharpest decline observed since the peak of the pandemic," said Kermit Baker, PhD, AIA Chief Economist. "While more firms are reporting a decrease in billings, the report also shows the hesitance among clients to commit to new projects with a slump in newly signed design contracts. As a result, backlogs at architecture firms fell to 6.5 months on average in the third quarter, their lowest level since the fourth quarter of 2021. "

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ELFA:  Confidence Lower in October

ELFA:  Confidence Lower in October

Posted: October 19, 2023 | Tradewinds

The Equipment Leasing & Finance Foundation (the Foundation) released the October 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) recently. The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $1 trillion equipment finance sector. Overall, confidence in the equipment finance market is 40.1, a decrease from the September index of 50.3.

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