WASHINGTON (July 1, 2021) — National nonresidential construction spending declined 0.7% in May, according to an Associated Builders and Contractors (ABC) analysis of data by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $784.5 billion for the month.
SURFSIDE, Fla. (June 29, 2021) — More than 100 people are still unaccounted for after a collapse of a Florida condo building, The Champlain Towers South, on Thursday, June 24, 2021; 12 residents are confirmed dead. Despite the reported neglect of the building, a total collapse on this scale is still incredibly rare.
WASHINGTON (June 29, 2021) — Associated Builders and Contractors today announced that it has awarded an Inclusion, Diversity and Equity Initiative Grant to ABC of Michigan and its Greater Houston, Ohio Valley and Pacific Northwest chapters.
WASHINGTON (June 28, 2021) — After more than a decade leading The American Institute of Architects (AIA), Chief Executive Officer (CEO) Robert Ivy, FAIA, will retire at the end of 2021.
ARLINGTON, Va. (June 25, 2021) — Construction employment in May remained below the April level in 40 states and the District of Columbia, according to an analysis by the Associated General Contractors of America of government employment data released today. Association officials said skyrocketing materials prices and excessive delays in receiving key construction supplies were holding back the industry’s recovery.
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DUBLIN (June 22, 2021) — The global architectural services market size is anticipated to reach USD 474.36 billion by 2028, registering a compound annual growth rate (CAGR) of 4.7% over the forecast period.