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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...
Los Angeles United States Richard Branch National Association Of Home Builders Dodge Construction Network Federal Reserve

'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...
Robert Dietz National Association Of Real Estate Editor National Homebuilder Sentiment Index National Association Of Home Builders Federal Reserve United State

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...
United States New York San Francisco Kermit Baker A Los Angeles Los Angeles

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