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DCD Design Cost Data

Tradewinds


Continuing Decline in Architecture Billings, AIA/Deltek Architecture Billings Index Reports

Continuing Decline in Architecture Billings, AIA/Deltek Architecture Billings Index Reports

Posted: November 24, 2023 | Tradewinds

The AIA/Deltek Architecture Billings Index (ABI) reports that business conditions at architecture firms continued to soften in October. For the third consecutive month, the ABI score was under 50, indicating that a significant share of firms is seeing a decline in billings.

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Dodge Momentum Index Inches Up 1% in October

Dodge Momentum Index Inches Up 1% in October

Posted: November 17, 2023 | Tradewinds

“Heightened momentum in warehouse planning activity supported the commercial side of the Index this month, while muted education planning activity slowed the institutional portion,” stated Sarah Martin, associate director of forecasting for Dodge Construction Network. “Overall levels of planning activity remain robust and will support construction spending over the next 12 to 18 months.”

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Construction Employment Rises In 40 States & D.C. From October 2022 To October 2023, While 22 States Increased Headcount Last Month

Construction Employment Rises In 40 States & D.C. From October 2022 To October 2023, While 22 States Increased Headcount Last Month

Posted: November 17, 2023 | Tradewinds

California and Kentucky Top Rankings of Year-over-Year Increases, While Colorado and North Dakota Lag; Ohio and Kentucky Lead in Monthly Gains, While Tennessee and Rhode Island Experience Largest Declines

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ABC: Construction Input Prices Decrease 1.2% in October, Driven by Lower Energy, Lumber and Steel Prices

ABC: Construction Input Prices Decrease 1.2% in October, Driven by Lower Energy, Lumber and Steel Prices

Posted: November 17, 2023 | Tradewinds

“The October construction materials prices report should be cheered by most contractors,” said ABC Chief Economist Anirban Basu. “Yesterday’s Consumer Price Index data and today’s Producer Price Index data indicate that inflation is declining. Not only does that translate into less rapid increases in the price of many key construction inputs, but it also signifies that the Federal Reserve is poised to begin reducing interest rates at some point next year. That will support an improving project financing environment, increasing demand for construction services in the process."

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Builder Sentiment Down Again, but Better Building Conditions are in View

Builder Sentiment Down Again, but Better Building Conditions are in View

Posted: November 17, 2023 | Tradewinds

Builder confidence in the market for newly built single-family homes in November fell six points to 34 in November, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released recently. This is the fourth consecutive monthly drop in builder confidence, as sentiment levels have declined 22 points since July and are at their lowest level since December 2022. Also of note, nearly the entire HMI data for November was collected before the latest Consumer Price Index was released and showed that inflation is moderating.

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