WASHINGTON, D.C. — With all geographic regions and building project sectors showing positive conditions, there continues to be a heightened level of demand for design services signaled in the latest Architecture Billings Index. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to 12-month lead time between architecture billings and construction spending. The American Institute of Architects reported the September ABI score was 55.2, up from a mark of 53.0 in August. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was … Read more
ELFA's Survey of Economic Activity Reports on Leasing and Finance Sector
WASHINGTON, D.C. — The Equipment Leasing and Finance Association's Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $827-billion equipment finance sector, showed their overall new business volume for September was $9.4 billion, up 21 percent from new business volume in September 2013. Month over month, new business volume was up 31 percent from August. Year to date, cumulative new business volume increased 8 percent compared to 2013. Receivables over 30 days decreased from the previous month to 1.0 percent, and were up slightly from .09 percent in the same … Read more
Turner Survey Shows Greater Focus on Benefits of Improving Health, More
NEW YORK, N.Y. — Turner Construction Company recently announced the results of their sixth survey of real estate, design and construction executives on environmentally sustainable construction practices. Key findings of Turner's 2014 Green Building Market Barometer show that companies remain committed to constructing green buildings and value the financial benefits they provide building owners and occupants. Of increasing importance among survey respondents are the benefits that green buildings provide for employee health and well-being and for hiring and retention of employees. “While building owners continue to incorporate green features in buildings to reduce operating costs, we see more organizations paying … Read more
Construction Employers Add Jobs in September, Unemployment Rate Declines
Construction employers added 16,000 jobs and the sector’s unemployment rate fell to 7 percent, the lowest rate for September in years, according to an analysis released by the Associated General Contractors of America. Association officials said the construction employment gains come as more firms report having a hard time finding enough qualified workers to fill available positions, citing the lack of local vocational training programs, especially at the secondary level. “While we are eager to see even more construction employment gains, there is no denying the fact that the industry has been in recovery mode for much of the past … Read more
Q4 Economic Outlook Increases 2014 Equipment and Software Investment Growth Forecast to 5.5%
WASHINGTON, D.C. — Investment in equipment and software is expected to grow 5.5 percent in 2014, according to the Q4 update to the 2014 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation. The Foundation revised its 2014 equipment and software investment forecast to 5.5 percent, up from 2.6 percent growth forecast in its Q3 Update to the 2014 Annual Outlook released in July. Equipment and software investment is expected to steadily grow over the next six months across most verticals due to a gradually strengthening economy and continued replacement demand. The Foundation report, … Read more



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