Industry News




 

10/16/2012

Is the Design and Construction Industry in Trouble?

 

Are we experiencing a slow recovery? Is it time to panic? The design and construction industry, still devastated from the real estate crash, could face another $2 billion in lost work if Congress and the White House fail to reach agreement on a federal budget in time to avoid massive mandatory federal spending cuts on January 2, an American Institute of Architects (AIA) analysis released today warns.

Using data issued last month by the Office of Management and Budget (OMB), the AIA analysis identifies 48 separate budget accounts targeted for spending cuts that directly fund the design, construction and rehabilitation of buildings and other vertical infrastructure, including the iconic Capitol dome that is the symbol of American democracy throughout the world.

“At a time when both political parties are campaigning on being the best at creating jobs, both are risking the jobs of millions of Americans by placing ideology above governing," says AIA President Jeff Potter, FAIA.

“The design and construction industry is a significant portion of the national economy, and we urge both sides to put aside their political differences and come up with a budget that keeps people working, especially if they are working on a national infrastructure befitting of the 21st century,” says Potter.

The Budget Control Act of 2011 requires some $1.2 trillion in spending cuts absent an agreement by Congress and the White House to reduce the federal deficit by other means. As of August 2012, numerous agencies across all three branches of government accounted for a seasonally adjusted annual rate of federal construction put in place of $25.2 billion, according to the U.S. Census Bureau.

In July, a study by the George Mason University Center for Regional Analysis found that the total employment impact of budget cuts on federal personnel in architecture and engineering occupations at 61,483. However, this number does not include the job losses incurred by government contractors or construction workers, which could possibly boost that number significantly higher.

The AIA analysis uses a 2007 Center for Regional Analysis study to further pin point job losses in the sector. According to that study, every $1 billion spent on design and construction yields 28,500 full-time jobs. Under that formula, as many as 66,500 full-time positions could be lost in a sector that accounts for roughly 11 percent of the nation’s economy.

For more information, read the full report here.

 


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Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

Bluebeam® Revu® simplifies digital facilities document management from design review to leveraging as-builts, maintenance manuals and O&Ms submittals.

 


 
09/19/2014

New regulations from the DOE would improve commercial air conditioner efficiency by as much as 30%. 

09/18/2014

A new study suggests that the installed cost of photovoltaic solar power continues to drop in the U.S.

09/17/2014

A new technology developed at Rice University effectively deices glass surfaces while remaining transparent for radio frequency transmission.

09/16/2014

The USGBC and American Chemistry Council have put aside their differences to work together on new improvements to the LEED certification system. 

09/15/2014

Researchers have developed a new process to help cloud computing systems use less energy while continuing to provide high levels of data services.

09/12/2014

Researchers have found the main factors that influence the amount and type of building damage caused by various types of salts. 

09/11/2014

A new study has demonstrated that proactive ergonomic training can decrease worker discomfort and increase productivity. 

09/10/2014

The University of Utah has upgraded its historic Dumke Health Professions Education building to save an impressive 40% on energy costs.

09/09/2014

Hoping to build on LEED's success, PEER evaulates the performance and modernization of electric grids. 

09/08/2014

The USGBC has developed a new tool to help streamline the LEED certification process. 

09/05/2014

Researchers have developed a fluorescent lamp that emits Wi-Fi signals to allow connectivity throughout buildings.

09/04/2014

Tests show effective measures for reducing earthquake damage to computer servers. 

09/03/2014

Health costs drop by half as a result of environmental regulations.

09/02/2014

A new study challenges the idea that sparse workplaces produce happier, more productive employees.

08/29/2014

New tool from FEMA helps facility managers prepare for and mitigate the effects of nonstructural earthquake damage. 

08/28/2014

Is your building's exterior prepared for consistent snowstorms?

08/27/2014

Researchers have developed wearable, customizable technology to handle access control at busy hotels. 

08/26/2014

A new study shows that hotels which are LEED certified bring in more revenue than their non-certified competitors. 

08/25/2014

Policies designed to reduce carbon emissions have the added benefit of increasing air quality, which could pay for the reduction policies themselves. 

08/22/2014

Researchers at Michigan State University have developed a luminescent solar concentrator that is as transparent as glass. 

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