The American Institute of Architects (AIA) announced that billings at architecture firms accelerated to their strongest pace of growth since December 2010. As a leading economic indicator of construction activity, the AIA reported that October’s Architecture Billings Index (ABI) was 52.8, up from the mark of 51.6 in September.
Former SMACNA president Richard J. Cramer Sr., of Holly, Mich., was inducted into the Michigan Construction Hall of Fame, Oct. 25, 2012, located at Ferris State University’s Granger Center for Construction and HVACR.
Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator (CBI) expanded for the second consecutive quarter, up to eight months in the third quarter of this year, a 3.5 percent increase from the previous quarter.
Richard J. Cramer Sr. of Holly, Mich., a former Sheet Metal and Air Conditioning Contractors’ National Association (SMACNA) president, was inducted into the Michigan Construction Hall of Fame, Oct. 25, 2012, located at Ferris State University’s Granger Center for Construction and HVACR.
There are a lot of unknowns affecting the healthcare industry, including the economy, pending legislation, and insurance reforms. Yet the sector still provides opportunities for contractors who are willing to change their approach to assist facility managers and align their work with healthcare administrators’ business goals.
EMCOR Group Inc. announced that its Harry Pepper & Associates (HPA) subsidiary has been awarded a five year, indefinite delivery/indefinite quantity multiple award construction contract by the National Aeronautics and Space Administration (NASA) at the John C. Stennis Space Center.
The American Institute of Architects (AIA) announced that, on the heels of a nearly three-point increase, its Architecture Billings Index (ABI) has climbed into positive territory for the first time in five months.
The U.S. Commerce Department announced that U.S. construction spending increased for the third straight month in June. Overall U.S. construction spending grew by 0.4 percent in June to a seasonally adjusted annual rate of $842.1 billion.
According to the American Institute of Architects (AIA) semi-annual Consensus Construction Forecast, a sharp spike in demand for industrial facilities so far this year, along with sustained demand for hotels and retail projects factors into what projects to be a 4.4 percent rise in spending this year for nonresidential construction projects.
