News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
ARCHITECT / March 20, 2015
For our design-inclined, architecture-loving readers, we have a March Madness bracket geared towards your interests! Arch Madness is a collection of buildings that have withstood the test of time, as deemed by the AIA’s Twenty-Five Year Award. But it’s you, the reader, who decides which building is the best of the best in this bracket.To play, compare the buildings matched against each other. Then, vote for which you prefer. We’ll be updating the bracket each round as you narrow down the competition to the final winner.
You may not think that Louis Kahn’s Kimbell Art Museum is in theRead More
American Institute of Architects / January 28, 2015
The nonresidential building market was hamstrung by weather-related delays during the first part of the 2014, but conditions improved dramatically throughout the rest of the year to finish with greater than anticipated spending levels. The commercial construction sector is now looking at double-digit increases in 2015, led by vigorous levels of demand for hotels and office buildings.
The American Institute of Architects’ (AIA) semi-annual Consensus Construction Forecast, a survey of the nation’s leading construction forecasters, is projecting that spending will see a 7.7%Read More
American Institute of Architects / November 20, 2013
Following three months of accelerating demand for design services, the Architecture Billings Index (ABI) reflected a somewhat slower pace of growth in October. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the October ABI score was 51.6, down from a mark of 54.3 in September. This score reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiryRead More
Greig O'Brien / ARCHITECT / October 24, 2013
Demand for architectural design services continued to increase in September, according to the Architecture Billings Index survey conducted each month by the American Institute of Architects. At 54.3, the September score—up from 53.8 in August—shows a continued acceleration of billings and work for architecture firms. In each of the past four months, the score has come in slightly higher each time. (Scores above 50 indicate industry growth and below 50 indicate industry contraction.)
While billings are accelerating, project inquiries cooled off ever-so-slightly. At 58.6, theRead More