Architecture Billings Slip Modestly

WASHINGTON, D.C. –The Architecture Billings Index dipped slightly into negative territory in January*, after a very strong showing in December. As a leading economic indicator of construction activity, the ABI reflects the approximate 9-12-month lead time between architecture billings and construction spending. The American Institute of Architects reported the January ABI score was 49.5, down from a score of 55.6 in the previous month. This score reflects a minor decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 60.0, up from a reading of 57.6 the previous month. “This small … Read more

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‘Dirtiest Man on TV’ Mike Rowe Joins CONEXPO-CON/AGG 2017 Tech Talks Lineup

MILWAUKEE, Wis. – CONEXPO-CON/AGG 2017 officials have announced that Executive Producer and Host Mike Rowe, best known as the “dirtiest man on TV” from the hit TV series Dirty Jobs, is a featured speaker at the show’s new Tech Talks forum. Rowe will share the surprising lessons he learned as an apprentice traversing all 50 states and attempting 300 different jobs, during a special session, “Lessons from the Dirt.” CONEXPO-CON/AGG, being held March 7-11 in Las Vegas, Nevada, is the international gathering place every three years for the construction industries. The Tech Talks forum offers short content-rich presentations to inspire … Read more

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AP Celebrates Ribbon Cutting for New Rawlins High School

RAWLINS, Wyo. – Braving sub-zero temperatures, AP Wyoming, L.M. Olson and the community of Rawlins, Wyoming celebrated the ribbon cutting at the new Rawlins High School for Carbon County School District #1. The $58-million state-of-the-art replacement high school includes a new swim center with a lap pool, diving pool and water slides. The new school was built adjacent to the existing high school, which maintained phased-active occupancy throughout construction. The scope of work also included renovations to the existing auditorium and classroom wings, a new gymnasium, classrooms, auditorium, offices and cafeteria. AP and L.M. Olson will remain onsite for the … Read more

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Construction Input Prices Surge to Start 2017, ABC Says Energy Prices Remain on the Ascent

WASHINGTON, D.C. – Construction input prices collectively rose by 1 percent on a monthly basis and 3.8 percent on a year-over-year basis, according to analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors. This represents the fastest year-over-year rate of materials price inflation since the beginning of 2012. Nonresidential input prices rose 0.9 percent for the month and are up 4 percent year over year. The rise in input prices is largely attributable to natural gas prices, which expanded 23.6 percent for the month and are up 81.8 percent year over year. Crude petroleum prices … Read more

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