Tag: decline
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US office markets enter growth cycle as vacancy rates decline: JLL
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. The U.S. office market is bouncing back, entering a growth cycle after years of fighting vacancies, according to JLL’s Q3 office market dynamics report. National office vacancy rates declined for the first time since early 2019, falling…
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Construction Input Prices Edge Up in August as Energy Costs Decline
Construction input prices rose 0.2% in August compared to July, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data. Nonresidential construction input prices also increased 0.2% for the month. Year over year, overall construction input prices are 2.3% higher, while nonresidential input prices are up 2.6%. Declines in energy…
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U.S. Construction Spending Slips in June as Housing, Office Projects Decline
U.S. construction spending fell to a seasonally adjusted annual rate of $2.13 trillion in June 2025, down 0.4% from May, according to Interact Analysis. Declines in private residential and commercial work outweighed gains in public infrastructure. Private residential construction dropped 0.7% to $883 billion, while office projects fell 1.4% to $86.8 billion. Manufacturing spending edged…
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Setting your thermostat below this temperature could cause mental decline, scientists claim
Harvard-affiliated scientists have uncovered a crucial link between indoor temperature and brain health, identifying the ideal thermostat range to protect cognitive function and reduce the risk of dementia. Their findings, published in the Journal of Gerontology: Medical Sciences, reveal that maintaining minimum house temperatures between 20°C to 24°C may play a significant role in preserving…
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Construction Productivity is in Decline
Lean Construction Institute’s article Construction Productivity in Decline reveals embarrassing data on the US construction industry. Sadly, the same is true in many other countries as well. In spite of all the positive developments around construction, labor productivity is getting worse. The article refers to two studies, one by Stanford University Professor Paul Teicholz, and the other by University of…