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A new study conducted by the group Grand View Research Inc. has indicated a likely rise in the global demand for architectural services to a market share of $523.2 billion by the end of the decade. The study cites the rates of urbanization in countries such as Brazil and India alongside a...
The new December Architecture Billings Index from the American Institute of Architects has shown a continued decline in business conditions to end the year 2023. The new index score of 45.4 was essentially left flat from November’s totals (any score below 50 indicates a decline) though there...
Spending on nonresidential buildings will see a minor 4% increase in 2024 despite a 20% increase in 2023, according to the AIA’s latest Consensus Construction Forecast. In 2025, meanwhile, the pace is expected to slow to just over 1% growth. Across key sectors, manufacturing construction will...
The recent decision by Congress to revise fee limitations on all federal design and construction contracts undertaken with the Department of Defense (DOD) has been commended by the American Institute of Architects (AIA) following President Joe Biden’s formal signing of the National Defense...
Explore how Agricultural Artificial Intelligence is reshaping farming, boosting yields, and promoting sustainability in modern agriculture.