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How Are Tighter Credit Standards Impacting Builders and Developers?

How Are Tighter Credit Standards Impacting Builders and Developers?
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Construction will stagnate in 2023 as recession looms, warns Dodge Construction Outlook

The Dodge Construction Network has produced a forecast for the U.S. construction sector for 2023, in which it signals a slowdown across many typologies. Overall, the dollar value of construction starts will be $1.08 trillion, which, though unchanged from 2022, represents a 3% dip when adjusted for. ....

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'Housing sector is in a recession' warns leading construction economist

A leading economist in the AEC industry has warned that the United States housing sector has entered a recession, with ramifications for homebuilding in the coming years. Robert Dietz, chief economist at the National Association of Home Builders (NAHB), made the comments at the National. ....

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Architecture Billing Index slows but remains healthy

The AIA Architecture Billing Index for July was 51.0, down from June’s score of 53.2, according to a new report from the American Institute of Architects. ....

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The Pandemic Exposed Deep Flaws in the Architecture Profession, But Also Inspired Remedies

Two and a half years after the initial outbreak of COVID-19, the U.S. architectural profession has emerged from the global pandemic in a stronger condition than many could have expected during the depths of 2020. However, many questions remain unanswered on how the pandemic impacted the. ....

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