Some good news and some bad news for the design and construction industry. The American Institute of Architect’s Architecture Billings Index—The Observer‘s favorite leading indicator—rebounded last month, according to numbers released today. Read More
Perhaps we broke out those T-squares a little prematurely. Read More
As real estate prices in the city, or at least in Manhattan, approach pre-Lehman levels, and the wider economy teeters back from the brink, the guys who built the apartments are still suffering. According to a quarterly report from the New York Building Congress, employment for construction workers fell to its lowest level Read More
Architects’ prospects are no longer crumbling in the city! Only a year or two ago, they were the most unemployed profession in the country, but after a better 2010 for many New York City firms, things continue to look, uh, up. It is a good sign for the wider real estate and construction community, as Read More
Unless you’re an architect, you’ve probably never heard of the Architectural Billings Index. Every month the American Institute of Architects sends out a survey to its members about how much they’re billing.
Some economists say it can be one of the more effective ways to measure recovery, because it measures commercial construction before it even Read More
