Invest. in Structures Down; Const. Spending Stable
Source: Marcum LLP The Marcum Commercial Construction Index for the first quarter of 2020 reports an industry suffering the adverse effects of COVID-19. BEX
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April Nonresidential Construction Spending Drops
Source: Associated Builders and Contractors National nonresidential construction spending decreased by 1.8 percent in April, according to an Associated Builders and BEX
Phoenix Ranks High for Solar Power
By Ellie Borst for Cronkite News Phoenix dipped slightly in a national ranking of solar power capacity, even as the total amount of power generated and the power per BEX
Ariz. Construction Lost 4,200 Jobs in April
By Tasha Anderson for AZBEX Arizona’s seasonally adjusted unemployment rate increased to 12.6 percent in April 2020, from March 2020, according to the BEX
Nonres. Construction Employment Sees Record Drop
Source: Associated Builders and Contractors The construction industry lost 975,000 jobs on net in April, according to an Associated Builders and Contractors analysis BEX
Colliers’ Phoenix Q1 Multifamily Review
By Thomas Brophy for Colliers International While nearly every aspect of life has changed since March 1st of this year, it is necessary to take stock of where the market BEX
Billings Index Sees Record Drop in March
Source: American Institute of Architects Reflecting the deteriorating conditions in the overall economy, demand for design services from architecture firms recorded a BEX
ABC: Nonresidential Construction Spending Dips
Source: Associated Builders and Contractors National nonresidential construction spending fell 0.1 percent in March and is up 2.0 percent compared to the same time last BEX
Ariz. Construction Lost 600 Jobs in March
By Tasha Anderson for AZBEX Arizona’s seasonally adjusted unemployment rate increased to 5.5 percent in March 2020, from February 2020, according to the BEX
Construction Unemployment Rate Down Y-o-Y
Source: Associated Builders and Contractors Estimated February not seasonally adjusted construction unemployment rates fell nationally and in 37 states, rose in 12 states BEX
Phoenix Cranes Up, Balanced Across Sectors
By BEX Staff for AZBEX According to the latest biannual “RLB Crane Index” from construction monitoring and advisory firm Rider Levett Bucknall, cranes visible BEX
Construction Employment Dropped in March
Source: Associated Builders and Contractors Construction industry employment declined by 29,000 in March, according to an Associated Builders and Contractors analysis BEX
Spending Decline Indicates What’s to Come
Source: Associated Builders and Contractors National nonresidential construction spending fell 1.8 percent in February but is up 2.5 percent compared to the same time BEX
AZ May See More Hospital Beds Due to COVID-19
By Rebekah Morris for AZBEX On Wednesday, March 25th, Major General Michael T. McGuire, the Adjunct General of the Arizona National Guard, indicated in a press BEX
Ariz. Construction Gained 9,200 Jobs in February
By Tasha Anderson for AZBEX Arizona’s seasonally adjusted unemployment rate remained at 4.5 percent in February 2020, from January 2020, according to the BEX
Covid-19 Living Through Econ. & Social History P. 1
By: Thomas M. Brophy for Colliers International Multifamily Times AZBEX Note: Thomas M. Brophy is National Director of Research & Analytics | Multifamily Investments BEX
Construction Contractors Confident to Start 2020
Source: Associated Builders and Contractors Confidence among U.S. construction industry leaders generally improved in January, consistent with the burgeoning momentum of BEX
ABC: Input Prices Down Slightly in Feb.
Source: Associated Builders and Contractors Construction input prices fell 0.6 percent in February and are up 0.4 percent year over year, according to an Associated Builders BEX
Ariz. Construction Lost 2,500 Jobs in January
By Tasha Anderson for AZBEX Arizona’s seasonally adjusted unemployment rate remained at 4.5 percent in January 2020, from December 2019, according to the latest report BEX
ABC: Nonresidential Employment Up in Feb.
Source: Associated Builders and Contractors The construction industry added 42,000 net new jobs in February, according to an Associated Builders and Contractors analysis of BEX
ABC: Nonresidential Const. Spending Up in Jan.
Source: Associated Builders and Contractors National nonresidential construction spending increased by 1.6 percent in January and is up 5.1 percent on a year-ago basis, BEX
Developers Bldg Market-rate Units to Lease for Less
By Joe Bousquin for National Apartment Association HQ Since the end of the Great Recession, the hallmark of this apartment cycle has been luxury units, usually located within BEX
Infrastructure Spending Drives Strong Q4
Source: Marcum LLP The Marcum Commercial Construction Index for the fourth quarter of 2019 reports healthy levels of construction spending, in large part due to the ongoing BEX
Low Vacancy Despite Lots of New Projects
Source: Colliers International The Greater Phoenix industrial real estate market has a healthy equilibrium in the midst of bringing millions of new square feet to its BEX
Rush to Place Capital Ahead of Election Expected
Source: RCM LightBox According to a new report, commercial real estate investors, brokers and lenders are expecting a potential surge of activity in Phoenix and other U.S. BEX
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