Top AEC Trends for 2024
10 AEC Industry Trends to Watch in 2024
The Architecture, Engineering and Construction (AEC) industry is like a high-speed train. Constantly evolving and adapting to the latest technological advancements. As we stand on the threshold of 2024, it’s more crucial than ever for AEC professionals to stay ahead of the curve. But what exactly does the future hold? From the groundbreaking potential of digital twins to the transformative power of artificial intelligence, the AEC landscape is brimming with innovations. They promise to reshape our design, construction, and project management approach. Read more on the Top 10 Trends.
Construction Industry Marketing Trends
As we move into 2024, the construction industry is in the midst of a pivotal transformation, necessitating an adaptation to new and emerging marketing trends. For construction businesses focused on achieving growth in this competitive sector, it is essential to both understand and capitalize on these evolving trends. Learn more about emerging marketing trends.
Lack of Construction Labor Impacts Projects in the Carolinas
Construction job openings reached the highest level since 2022 according to ABC Economist Anirban Basu. “Contractors are facing severe labor shortages in regions that are home to industrial megaprojects,” said Basu. “Projects in Arizona and South Carolina, have paused in recent months due to an inability to find enough skilled workers.” Read more.
Construction Spending Mixed According to AIA and ABC; The Road Ahead for the Construction Economy
Construction spending dipped 0.1% in November on a monthly basis, according to ABC, and the AIA Architectual Billings Index (ABI) dropped slightly, indicating a softening market. In an exclusive with GroundBreak Carolinas, economist Dr. Bruce Yandle shares his perspectives on the economic situation in The 2023 Year-End Economy and the Road Ahead.
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