AIA's latest survey found that 50% of architecture firms reported fewer new design projects for March.
New Report Reveals Decline in Demand for Design Services Following COVID-19 Pandemic
Industry Stocks Post Huge Losses
The fast-spreading virus has put an end to movies, date nights, and maybe even the sales of office furniture,, prompting some economists to call a U.S. recession.
Recession Forecasts Grow Amid Coronavirus Uncertainty
The irony is that steps credited with slowing the coronavirus elsewhere in the world inevitably come with an economic price.
Coronavirus Is Different. Almost No Company Is Safe.
Conferences are getting canceled, from the Geneva International Motor Show to Facebook Inc.’s F8 developer gathering in California. Disneyland Tokyo is closed. Auto suppliers are warning of parts shortages. Generic drug manufacturers are paying 50% more for some raw materials.
AIA: Billings End Year on Positive Note
AIA: Billings Remain Positive Amid Economic Uncertainty
“We are at a point where there is a potential for an upside but also a potential for things to get worse," reports AIA chief economist Kermit Baker.
U.S. Factory Sector Contracts for Fifth Straight Month
So much for reviving American manufacturing. The ISM manufacturing index in December registers its lowest level in over 10 years.
U.S. Durable Goods Orders Fell in November
Architecture Billings Index Upticks in November
AIA's Architecture Billings Index (ABI) score of 51.9 for November reflects an increase in design services provided by U.S. architecture firms.
Forecasting the contract furniture industry: trends & statistics
North America continues to be a top market for office furniture, with sales estimated at $16.53 billion in 2018, the most recent figures published by BIFMA/IHS Markit.
U.S. Firms Pull Back on Investment
Capital spending by S&P 500 companies grew less than 1% in the third quarter, and would have fallen without Apple and Amazon.
Architecture Billings Index rebounds after two down months
Office Furniture Survey Falls in Latest Reading
“We still feel good about where the industry is currently. The effects of the tariffs with China have dampened the 3rd Quarter and will likely impact the 4th Quarter and 1st Quarter of 2020. The overall economic growth seems to be slowing down and will probably affect this industry in 2020.”
AIA: "Substantial Decline in Architecture Billings"
Demand for design services in August took a markedly downward swing compared to July’s already soft score, according to a new report released from The American Institute of Architects (AIA).
Manufacturers Cut Spending as Trade War Dents Confidence
As Trump Looted FEMA and the Military for His Border Policies, DHS Bought High-End Chairs With Taxpayer Funds
Herman Miller, the luxury furniture maker whose Aeron chair is in the Museum of Modern Art, is the most frequent recipient of DHS money for office furniture.
U.S. Factory Activity Contracted in August
Trade concerns cited as Institute for Supply Management’s manufacturing index falls to lowest level since January 2016.
A Manufacturing Recession Is Here. Now What?
With the U.S.-China trade war sapping demand, companies have limited options for protecting profits.
Stock market tanks after Trump ‘hereby orders’ American companies to find alternative to China
The extent to which the president’s tweet orders are enforceable remains unclear, but his tweets were certainly enough to throw the markets in disarray.
AIA: Billings Remain Soft in July
