Industry News




 

04/01/2013

ABI Continues to Show Healthy Improvement

 
The ABI is showing one of the best improvements since January of 2007.

With increasing demand for design services, the Architecture Billings Index (ABI) is continuing to strengthen. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending.

The American Institute of Architects (AIA) reported the February ABI score was 54.9, up slightly from a mark of 54.2 in January. This score reflects a strong increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 64.8, higher than the reading of 63.2 the previous month – and its highest mark since January 2007.

“Conditions have been strengthening in all regions and construction sectors for the last several months,” said AIA Chief Economist, Kermit Baker, PhD, Hon. AIA.  “Still, we also continue to hear a mix of business conditions in the marketplace as this hesitant recovery continues to unfold.”

Key February ABI highlights:

• Regional averages: Northeast (56.7), Midwest (54.7), West (54.7), South (52.7),

• Sector index breakdown: multi-family residential (60.9), mixed practice (56.9), commercial / industrial (53.3), institutional (50.7)

• Project inquiries index: 64.8

The regional and sector categories are calculated as a 3-month moving average, whereas the index and inquiries are monthly numbers.

 


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.
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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.

Mitsubishi Electric Cooling & Heating’s new H2i R2-Series heat pumps provide year-round comfort, even in extreme climates. With 100% heating capacity down to 0° F outdoor ambient and simultaneous heating and cooling down to -4° F, our hyper-heating systems bring highly responsive multi-zone comfort to your projects, regardless of climate zone.

http://news.mehvac.com/hhlaunch/


 
02/27/2015

Design is low-cost and green while providing more energy storage.

02/26/2015

LEED, IgCC, Standard 189.1 will work in harmony.

02/25/2015

Standard 189.1 seeks to expand renewable energy definition.

02/24/2015

Efficient construction techniques improve housing affordability.

02/23/2015

Guidance to improve energy efficiency of all aspects of data center operation.

02/20/2015

Model shows new technology could keep buildings standing after disasters.

02/19/2015

Expected to produce 550 megawatts of renewable energy.

02/18/2015

Best practices for infection prevention linked to hand irritation.

02/17/2015

State policies may not cut greenhouse gas emissions.

02/16/2015

New materials could cut initial costs for solar technology.

02/13/2015

Fannie Mae recognizes value of sustainable design.

02/12/2015

Localized technology could dramatically cut HVAC energy usage.

02/11/2015

Government energy consumption continues its decline.

02/10/2015

Study shows renewable option has economic potential.

02/09/2015

Proposed guideline would standardize collision deterrence testing.

02/06/2015

Illinois repeats as top state for green-certified buildings.

02/05/2015

New system to help FMs find the greenest products.

02/04/2015

Combination of cyber and physical measures to prevent electricity theft.

01/30/2015

Hotel, office facilities sectors expected to see big growth.

01/29/2015

Electricity-saving upgrades for vertical transportation.

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