Housing starts rose in September.
The Architecture Billings Index (ABI) rose to 53.7 (scores above 50 indicate an increase in billings). September is the third highest score this year (other than June and July).
Caterpillar missed their expected quarterly earnings. Additionally, their share price fell after the company announced restructuring and layoffs.
This NPR piece suggests that architecture (specifically skyscrapers) might be one indication that there is a bubble in the technology industry.
A group of architects and roboticists in Zurich are building a robot that could be used on construction job sites. This robot could be transformative by allowing architects to design the construction more directly. Read more about how this technology could revolutionize the way we design and build!