Fewer Architects Reported Declining Billings in January
Fewer architecture firms report declining billings in January compared to billing activity in December, according to a new report today from The American Institute of…
economy
Confidence in the Equipment Finance Market Continues to Improve
The Equipment Leasing & Finance Foundation (the Foundation) has released the February 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of…
Second Half of 2023 Could Lead to a Turning Point for Housing and Economy
The housing recession that began in 2022 will bleed into 2023 as elevated inflation and mortgage rates, coupled with stubbornly high building material construction costs,…
Per NAHB: Remodeling Will Do Better than Single- and Multifamily in 2023
Multifamily starts are predicted to fall in 2023, following an unsustainable high level of production last year, according to the National Association of Home Builders…
AIA: Construction Spending Will Moderate in 2023
While spending on nonresidential construction picked up momentum toward the end of 2022, construction spending will moderate in 2023 and slow significantly in 2024, according…
Demand for Design Services Continues to Contract
Demand for design services from U.S. architecture firms continued to contract in December, according to a new report from the American Institute of Architects (AIA)….