The incoming administration’s strong focus on rebuilding the nation’s infrastructure—driven by president-elect’s proposed 10-year, $1 trillion infrastructure plan—also will spur private investments in new residential and commercial construction and a concomitant demand for cold-formed steel framing and related products, according to Kathryn Thompson, CEO of the Thompson Research Group (TRG) and leading industry observer.
The first five episodes in the Construction Climate Talks series have looked at sustainable development in the construction industry and the concept of green buildings. In the sixth film, Roland Hunziker, director of the Sustainable Buildings and Cities programme at The World Business Council for Sustainable Development, talks about how to redefine value and get businesses to understand how to drive sustainable outcomes.
On the heels of six out of seven months of increasing levels of demand for design services, the Architecture Billings Index (ABI) fell just below the positive mark. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending.