Company Information

Press Releases

Additional Information

Press Releases

CMD and the American Institute of Architects Strengthen Alliance with a New Member Benefit

CMD, one of the leading providers of construction information in North America, and the American Institute of Architects (AIA) announced an agreement to offer a jointly-developed market analytics tool:  Insight for Architects. Strategic partners since 2008, the AIA and CMD continue to generate value for the more than 83,000 AIA members.

“CMD is a highly-valued partner, and we are extremely pleased to collaborate with CMD for this new member benefit,” said AIA Chief Executive Officer, Robert Ivy, FAIA. “Insight for Architects offers our members important project-based intelligence that expands their network and business potential.”

Insight for Architects gives AIA members instant access to hundreds of thousands of construction projects across the U.S., as well as market analytics. Architects can use Insight for Architects to view thousands of pre-bid projects, track desired projects, and stay alert to trends and forecasts. The new product is available exclusively to AIA members. The tool can be accessed at www.aia.org/cmd.

CMD’s Chief Executive Officer, Graeme McCracken, added, “I’m excited to build upon our many years as the AIA’s Strategic Partner by offering resources members can use to grow their business and understand market dynamics. CMD’s technology and data, accessed through the Insight for Architects tool, will provide firms both large and small with a strategic view into new opportunities and the competitive landscape.”

About CMD

CMD, the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. CMD’s diverse portfolio of innovative products and services includes national, regional and local project leads, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the CMD website at cmdgroup.com.

About The American Institute of Architects

For over 150 years, members of the American Institute of Architects have worked with each other and their communities to create more valuable, healthy, secure, and sustainable buildings and cityscapes. Members adhere to a code of ethics and professional conduct to ensure the highest standards in professional practice. Embracing their responsibility to serve society, AIA members engage civic and government leaders and the public in helping find needed solutions to pressing issues facing our communities, institutions, nation and world. Visit www.aia.org.

 

read more >>

More press releases

  • no-image-rcd
    CMD, one of the leading providers of construction information in North America, today announced upgrades to its Forecast, Analyze and Intelligent Leads products on the Insight Platform. The new version includes better defined projects and categories, faster performance and tracking, and enhanced key work search capability. “With new market comparison tools, the ability to hide projects and expanded search options, the Insight platform makes it simple for contractors and manufacturers to identify the best opportunities available in the market,” said CMD Senior Director, Product and Development Jennifer Johnson. “We believe the upgraded product provides truly actionable intelligence, and sets us even further ahead of other offerings.” Analyze, designed to allow users to track their specification share among competitors, is now even more in depth. Upgrades include the ability to perform comparative searches within CSI divisions, allowing for a better understanding of market share.  Analyze and Leads are now more closely integrated, enabling customers to execute strategies more quickly and efficiently. Leads, which provides users commercial construction projects from inception to completion, is easier to navigate than ever. Searchable plans and specs, predictive material demand and powerful alerts mean users can focus on leads that give them the best results. Additional upgrades include the ability to hide projects from view, so users do not have to sort through the same set of leads multiple times. In addition, educational projects are now categorized to incorporate better delineation of educational facilities. For more information or to purchase the Insight Platform, visit cmd.group.com About CMDCMD, the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. CMD’s diverse portfolio of innovative products and technologies includes national, regional and local project leads, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the CMD website at cmd.group.com.  
  • no-image-rcd
    CMD, one of the leading providers of construction information in North America, today announced the release of BidCity, the only mobile app that provides bid information about new, private projects. The construction app offers general contractors and sub-contractors the ability to view actionable project and company details complete with scope, bidder and participant contact information, address, project name and more. "There are plenty of apps that provide data about public projects, but BidCity is the only one that provides information about bid opportunities for private jobs," said Claire Stubblefield, senior product manager for CMD. "With CMD’s incredibly in-depth private information, BidCity offers a competitive advantage to any contractor that uses it." The app is ideal for the “always on the go” contractor looking to locate local construction projects within 25-30 miles of their business. Upon opening BidCity, contractors are able to view details about projects in their immediate vicinity and search by key categories, including retail, commercial, hospitality, health care projects and more. Other key features include the ability to: Easily pinpoint projects with map-based layout Filter search results by construction stage from bid to post-bid Save searches for easy access Access favorite projects using the ‘track projects’ feature BidCity is available for free download in the iTunes store and is compatible with iPhone, iPad and iPod touch. Access to bid data is $9.99 per month. For more information, visit cmdbidcity.com or CMDGroup.com. About CMD CMD, the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. CMD’s diverse portfolio of innovative products and services includes national, regional and local project leads, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the CMD website at CMDGroup.com.
  • no-image-rcd
    CMD, one of the leading providers of construction information in North America, today announced its sixth annual fall free economic webcast: "Is the Pace of Construction Investment Set to Quicken?," will take place from 2:30-4 p.m. EST on Nov. 20, 2014. The complimentary webcast will feature chief economists Kermit Baker of the AIA, Ken Simonson of the AGC of America and Alex Carrick of CMD.  With many anticipating growth and a generally positive outlook for construction next year, the webcast will reveal what economists inside the construction industry expect in the months ahead. All three economists will take questions from the audience in the last half hour. "By the end of 2014, the total number of jobs in the architectural and engineering design professions will recover to their pre-recession peak," stated Alex Carrick, U.S. chief economist for CMD. "The year-over-year employment gain in the sector has been a strong, plus 4 percent. This is good news for on-site activity levels, since new projects appear on drawing boards first." The webcast will cover numerous topics important to the construction industry including: Trends helping construction growth Mild material costs and the items most at risk of price spikes Labor shortages – widespread or isolated? Single-family homebuilding – picking up speed? Regions showing the strongest growth Risks and wild cards that can affect the upcoming season To take part in the webcast sponsored by Info Tech International LLC, register here. AIA members who attend the live broadcast will receive AIA CEU credit, and all who register can download the presentation slides and view the webcast archive. "We are excited to bring together this panel of economic thought leaders," stated Wendy McBay, senior director of marketing for CMD. "Their insights into the construction industry will benefit professionals seeking strategic direction for their business." About The American Institute of Architects For over 150 years, members of the American Institute of Architects have worked with each other and their communities to create more valuable, healthy, secure, and sustainable buildings and cityscapes. Members adhere to a code of ethics and professional conduct to ensure the highest standards in professional practice. Embracing their responsibility to serve society, AIA members engage civic and government leaders and the public in helping find needed solutions to pressing issues facing our communities, institutions, nation and world. Visit the AIA website at http://www.aia.org. About The AGC of America The Associated General Contractors of America (AGC) is a national trade association, dedicated to furthering the ever-changing agenda of commercial construction contractors, improving job site safety, expanding the use of cutting-edge technologies and techniques, and strengthening the dialogue between contractors and owners. Founded in 1918, the AGC today represents more than 33,500 member firms, including 7,500 of America’s leading general contractors and over 13,000 specialty-contracting firms. Visit the AGC website at www.agc.com. About CMD CMD, the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. CMD’s diverse portfolio of innovative products and services includes national, regional and local project leads, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the CMD website at www.cmdgroup.com.
  • no-image-rcd
    A generally negative April is brightened somewhat by increases in institutional and heavy engineering starts; industrial starts take a big hit Reed Construction Data announced the value of April construction starts, excluding residential contracts, fell 4.9% to $22.6 billion after rocketing 47.8% in March. Starts were down 7.8% from April 2013. Year-to-date starts data, which totaled $81.9 billion, were 3.6% lower than for the same period in 2013. “April starts data once again point to the negative impact adverse weather is having on construction activity,” stated Bernard Markstein, U.S. chief economist, Reed Construction Data. Commercial starts dropped dramatically in April, giving back over half of their March gain. That left year-to-date commercial starts 28.2% lower than the same period last year. The next few months will demonstrate whether this poor performance is weather-related or an indication of a more serious underlying problem. Lodging (hotel and motel) starts throttled back significantly in April, down by a third. An unusually large March 2013 starts figure continues to distort the comparison of the year-to-date number for lodging, which was down 59.6%. Although April’s $2.3 billion year-to-date starts total was not spectacular, it was the second highest total (after 2013) since April 2009. Year-to-date retail starts were also at their second highest level since 2009 (essentially at the same level as in 2009), but down 27.1% from 2013. Given that retail construction spending has struggled in recent months, declining on a seasonally adjusted basis from December through March, the lethargic performance of retail starts is of concern. One positive for this group is that both private office and government office starts were up on a year-to-date basis.Industrial (manufacturing) building starts have also struggled this year, with April taking a real hit—down 75.0% from March. Year-to-date starts were down a more modest 5.6%. The hope is that this year’s poor weather has adversely affected starts and, as the weather improves, so will starts.Institutional building starts posted a large increase for the second month in a row, up 24.0% in April after increasing 39.2% in March. Year-to-date starts were 9.1% higher than last year. Much of the recent improvement is due to starts for schools and colleges, which were up 62.8% in April and 28.8% in March, and accounted for more than half of the starts for the group. Year-to-date starts were up 5.3%. Another contributor was hospital and clinic starts, which although down for the month, were up 21.1% on a year-to-date basis. Heavy engineering (non-building) starts represent another positive area. Starts were up 1.2% in April following a 19.9% jump in March. Year-to-date starts were 13.1% higher than the same period in 2013. Road and highway starts were the source of much of this strength, surging 50.8% after tumbling 13.8% in March. They were 12.9% higher on a year-to-date basis. Meanwhile, water and sewage starts were up 9.7% on a year-to-date basis. The April starts numbers were generally negative, with only a few bright spots. The year-to-date numbers were somewhat better. Only heavy engineering was showing any evidence of improvement. The weather may still be responsible for the poor starts numbers. However, unless there is real improvement in coming months, this explanation will no longer be viable. “Many factors still indicate the economy is on the mend from the brutal winter and difficult spring,” stated Markstein. “Reed is comfortable with our forecast of nonresidential construction starts improving significantly in coming months and eventually exceeding last year’s starts numbers.” To read the complete report or download the PDF, visit http://www.reedconstructiondata.com/market-intelligence/articles/nonresidential-construction-starts-slip-back-in-april. Since starts data are not seasonally adjusted (NSA), caution should be used in analyzing monthly movements. Year-over-year comparisons are often used, as they remove much of the seasonal effects. The value of construction starts each month is summarized from the Reed database of all active construction projects in the U.S., excluding residential construction. Missing project values are estimated with RSMeans building cost models. A start is determined by taking the announced bid date and adding 30 days. It is then assumed the project will actually break ground within 30-60 days of the start date. Reed continues to follow the project via our network of researchers, so if the project is abandoned or rebid, the start data are subsequently updated to reflect the new information. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed provides actionable insight to construction professionals through a diverse portfolio of innovative products and services, including national, regional and local construction project data, accurate and reliable construction cost data, effective marketing solutions and dynamic market intelligence. To learn more about Reed, visit www.reedconstructiondata.com
  • no-image-rcd
    Reed Insight provides access to construction opportunities across the U.S. and Canada, with all-new analytics and forecasting to boost strategic direction and drive growth. Reed Construction Data introduces Reed Insight, the game-changing new platform that provides single-point access to the popular Intelligent Leads, Analyze and Forecast modules. Packed with features for enhanced performance and convenience, Reed Insight gives construction professionals an unprecedented view of opportunities within the U.S. and Canada to strategically drive business success. “Reed Insight gives our customers a distinct advantage in understanding their current and prospective markets,” said Rich Remington, chief operating officer, Reed Construction Data. “For the first time ever, our customers gain access through a single platform to Reed’s powerful forecasting, market intelligence and project opportunities. This strong combination provides the insight necessary to drive their company’s success to new levels.” Developed with a uniquely intuitive and visual design, Reed Insight puts rich, robust content at the user’s fingertips. With just a few clicks, users gain access to a database of hundreds of thousands of construction projects across the United States and Canada, as well as analytic tools and construction starts and forecasts. The Reed Insight platform offers: • Intelligent Leads – Reed’s comprehensive database of construction projects, with fully-searchable plans, specs, key participants, contacts and more • Analyze – Visual and interactive market intelligence that provides a 360 degree view of current market share, potential new markets and competitor activity, based on plans and specifications • Forecast – Detailed view of construction activity developed by industry-leading economists, with historical construction starts and 5-year construction forecasts “The beauty of Reed Insight is not only in its depth of information, but also in the fact that it’s designed, based on direct customer feedback, with a focus on simplicity and convenience,” stated Remington. “Reed has made it very easy for our customers to gain a clear view of what’s happening today, with a view of the past plus a five-year forecast that they can use to plan best courses of action for the future. This is just the beginning of the new innovative tools that will enable our customers.” Reed Insight is available today with Analyze, Forecast and Intelligent Leads modules. For more information, visit www.reedconstructiondata.com/construction-project-leads/reed-insight. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a trusted source for detailed, accurate, and up-to-date information on private, public and civil construction projects across the United States and Canada. Reed’s data collection teams leverage strong industry relationships, innovative technology and third-party data sources to deliver timely and accurate information on projects, companies and contacts, with daily updates for all types of general and civil construction. For more information, visit www.reedconstructiondata.com. About Reed Construction Data Canada Reed Construction Data Canada is a leading provider of construction information solutions and industry news. Reed Canada provides actionable insight to the construction industry through comprehensive project leads, market intelligence and industry news, as well as construction cost tools and a suite of online, digital and print references. For more information, visit www.reedconstructiondata.com/can.
  • no-image-rcd
    Reed Construction Data reported a significant increase in the value of March construction starts, excluding residential contracts. After a 14.2% decrease in February, March starts surged to $23.7 billion – a 46.9% increase and the highest value for starts since November 2013. Starts were up a modest 0.4% from March 2013. Year-to-date starts data, which totaled $58.6 billion, were down 2.9% from the same period in 2013. March starts data are an indication construction is bouncing back from the harsh winter weather. Since starts data are not seasonally adjusted (NSA), caution should be used in analyzing monthly movements. Year-over-year comparisons are often used, as they remove much of the seasonal effects. “We believe the economy is on a clear upward trajectory,” stated Bernard Markstein, U.S. chief economist, Reed Construction Data. “The combination of a growing economy and low long-term interest rates will spur an increase in nonresidential building construction starts, exceeding last year’s starts numbers and, as a result, construction activity.” Commercial starts doubled in March (+109.9%) after plunging 35.9% the previous month. Year-to-date, commercial starts were down 24.1% from the same period last year. To some extent, that comparison obscures the bounce back in commercial starts, since there were some unusually large starts in the first quarter of 2013. The $17.1 billion first quarter commercial starts were the second highest since 2008. First quarter lodging (hotel and motel) starts were at their second highest level since 2009. An unusually large starts figure in March 2013 is skewing the year-to-date total for this category. Similarly, first quarter retail starts lagged behind first quarter 2013 starts, but were at their second highest level since 2008. Industrial (manufacturing) building starts, despite a more than five times increase over an unusually low February number, were still down 41.3% on a year-to-date basis. Although the first quarter 2013 starts were on the strong side, they were not unusually so. First quarter 2014 starts were the second lowest on record since the start of the Reed data series in 2003. The hope is that this year’s slow beginning is weather related and will be offset by stronger numbers in coming months. Institutional building starts are showing strength largely due to a strong gain in hospital and clinic starts, which more than doubled in March (+111.9%). On a year-to-date basis, these starts were up 98.2% from the same period a year ago. In spite of improvements in March (+20.1%), starts for schools and colleges were down 10.8% on a year-to-date basis from last year. Heavy engineering (non-building) starts strengthened 19.2% in March. Year-to-date, starts were up 15.7% from the same period in 2013. Road and highway starts, although off 15.0% in March, were up 9.3% on a year-to-date basis. Surprisingly, heavy engineering starts are doing much better than nonresidential building starts. The weather appears to have adversely affected the latter more than the former. As the weather improves, starts of both should also improve. To view the complete report, click here. The value of construction starts each month is summarized from the Reed database of all active construction projects in the U.S., excluding residential construction. Missing project values are estimated with RSMeans building cost models. A start is determined by taking the announced bid date and adding 30 days. It is then assumed the project will actually break ground within 30-60 days of the start date. Reed continues to follow the project via our network of researchers, so if the project is abandoned or rebid, the start data are subsequently updated to reflect the new information. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed provides actionable insight to construction professionals through a diverse portfolio of innovative products and services, including national, regional and local construction project data, accurate and reliable construction cost data, effective marketing solutions and dynamic market intelligence. To learn more about Reed, visit www.reedconstructiondata.com.  
  • no-image-rcd
    Construction economy experts, Bernard Markstein of Reed Construction Data, Kermit Baker of the AIA and Ken Simonson of the AGC join forces in an all-new webcast to discuss what’s ahead for 2014 construction. Reed Construction Data announces its sixth annual spring economic webcast:  2014, Breakthrough Year for Construction. The complimentary webcast, featuring chief economists Kermit Baker of the AIA, Ken Simonson of the AGC and Bernie Markstein of Reed, is set for April 17, 2014. With many anticipating growth and a generally positive outlook for construction this year, find out what economists inside the industry expect in the months ahead. “Construction professionals have a lot of reason to be optimistic this season,” stated Bernard Markstein, U.S. chief economist, Reed Construction Data. “While weather has hindered the early months, and despite a few obstacles still ahead, 2014 is certainly heading in the right direction.” The webcast is open to everyone and will cover topics important to all industry professionals: Trends helping construction growth Bright spots for non-residential construction Competition for skilled labor and difficult-to-fill positions Housing trends - continuing upward? Regions showing the strongest growth Risks and wild cards that can affect the upcoming season The live, interactive webcast airs on April 17, 2014, 2 - 3:30 p.m., EDT. AIA members who attend the live broadcast can receive AIA CEU credit, and all who register can download the presentation slides and view the webcast archive. All three economists will take questions from the audience in the last half hour. To take part in the webcast, register here. “We are excited to once again bring together this panel of economic experts, who can speak to issues that affect all of us,” stated Wendy McBay, Senior Director of Marketing, Reed. “Their insight can benefit everyone who wants to stay up-to-the-minute on trends and issues that affect our industry.” About The American Institute of Architects For over 150 years, members of the American Institute of Architects have worked with each other and their communities to create more valuable, healthy, secure, and sustainable buildings and cityscapes. Members adhere to a code of ethics and professional conduct to ensure the highest standards in professional practice. Embracing their responsibility to serve society, AIA members engage civic and government leaders and the public in helping find needed solutions to pressing issues facing our communities, institutions, nation and world. Visit the AIA website at http://www.aia.org. About The AGC of America The Associated General Contractors of America (AGC) is a national trade association, dedicated to furthering the ever-changing agenda of commercial construction contractors, improving job site safety, expanding the use of cutting-edge technologies and techniques, and strengthening the dialogue between contractors and owners. Founded in 1918, the AGC today represents more than 33,500 member firms, including 7,500 of America’s leading general contractors and over 13,000 specialty-contracting firms. Visit the AGC website at www.agc.com. About Reed Construction Data Reed Construction Data LLC (RCD), a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed Construction Data’s diverse portfolio of innovative products and services includes national, regional and local project leads, accurate and up-to-date RSMeans cost information, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the Reed Construction Data website at www.reedconstructiondata.com.
  • no-image-rcd
    New strategic alliance between NLCA and Reed will share information on an unprecedented scale, creating outstanding value for the Atlantic construction industry. Newfoundland and Labrador Construction Association and Reed Construction Data have signed an agreement to share information, improve the distribution of bid information outside the province and create new economic value benefiting members. NLCA values collaboration; however, we partner selectively – and only when there are clear benefits to our membership,” said Rhonda Neary, President and CEO, NLCA. “Our board carefully assessed the Reed opportunity, and we believe it’s a great fit logically, strategically and culturally, now and for the future.” “The NLCA is a first rate organization. Its leadership, board and staff set very high standards for themselves and their service to their members and the Atlantic construction industry,” added Mark Casaletto, General Manager and Vice President, Reed Construction Data Canada. “Reed is delighted to be partnered with the NLCA.” The alliance exchanges proprietary information between the organizations and creates new economic value from content available within NLCA’s electronic plan room. Specifically, the alliance allows NLCA to better serve and inform its members. Also, building product manufacturers across North America will now have greater visibility into the specifications history and opportunities within Newfoundland’s $9 billion non-residential construction industry. “The alliance with Reed gives us access to valuable and hard-to-get economic and industry intelligence,” said Kevin McEvoy, Chair of NLCA. “The new economic value created funds key events directly for our members.” “Newfoundland’s economic and construction fundamentals are among Canada’s best. Relatively, the province outperforms most other regions,” said Craig Roberts, Senior Director at Reed Construction Data. “Partnering with NLCA provides our customers across North America unparalleled intelligence and data on this important construction market.” The partners have ratified a multi-year legal agreement and are currently implementing its functional aspects.  About NLCA The Newfoundland and Labrador Construction Association (NLCA) is an incorporated not-for-profit association of contractors, builders, and suppliers primarily engaged in the construction industry throughout the province. NLCA’s members have representatives of all aspects of the construction industry (including all sectors) as well as architectural and engineering firms. To learn more about NLCA, visit http://www.nlca.ca. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed provides actionable insight to construction professionals through a diverse portfolio of innovative products and services, including national, regional and local construction project data, accurate and reliable construction cost data, effective marketing solutions and dynamic market intelligence. To learn more about Reed, visit http://www.reedconstructiondata.com.
  • no-image-rcd
    Reed Construction Data reported the value of February construction starts, excluding residential contracts, dropped 15.6% to $15.9 billion, after falling 13.7% in January – the lowest value for starts since February 2012 and the third consecutive monthly decline. Starts were down 3.2% from February 2013. Year to date, construction starts totaled $34.8 billion – 5.0% lower than the same two months in 2013. Because starts data are not seasonally adjusted (NSA), caution should be used in analyzing monthly movements. Year-over-year comparisons are often used, as they remove much of the seasonal effects. “Given the unusually severe weather, which is continuing into March for much of the nation, it would be premature to conclude that nonresidential construction is in trouble,” stated Bernard Markstein, U.S. Chief Economist, Reed Construction Data. “March and April starts will be key to determining the health of the construction industry.” The value of construction starts each month is summarized from the Reed database of all active construction projects in the U.S., excluding residential construction. Missing project values are estimated with RSMeans building cost models. Commercial starts plunged 33.9% in February after also decreasing 14.5% in January. Year-to-date, commercial starts were 16.1% lower than in the same period last year. One bright spot is retail starts, which increased for the third month in a row, advancing 7.5% in February after advancing 14.1% in January.  Year-to-date, however, retail starts were down 10.0% from the same period a year ago. Private office starts surged 47.8% for the month, but were down 17.6% on a year-to-date basis. Hotel and motel starts rebounded a robust 80.4% from January’s 59.6% nosedive. Year-to-date, they were down 16.3% compared to the same period in 2013. After surging 47.8% in January, industrial (manufacturing) building starts tumbled 22.6% in February. On a year-to-date basis, due to an extraordinarily low number of starts last year, industrial starts were up an astounding 583% from the same period in 2013. Institutional building starts sank 22.7% in February, after falling 10.8% in January. On a year-to-date basis, starts were down 3.1%. Starts for schools and colleges cratered 49.5% in February, after jumping 34.6% in January. Despite the sharp decline in February, starts were 18.1% higher on a year-to-date basis than the same period in 2013. Hospitals and clinics starts also saw an increase in February, up 34.6%, after dropping 36.9% in January; they were up a modest 1.7% year-to-date. Heavy engineering (non-building) starts edged up 0.2% in February after decreasing 19.9% in January. Year-to-date starts were 12.1% higher than over the same period in 2013. Starts for all the categories in the group were up on a year-to-date basis. Road and highway starts, the largest spending category in the group, were up 6.1% in February and 11.1% on a year-to-date basis. Another large category, water and sewer starts, was up 5.7% in February and 9.0% on a year-to-date basis. “If there is a silver lining to the harsh winter, heavy engineering seems to be fairing surprisingly well and may even be benefitting from the impact of the cold weather on the nation’s infrastructure,” said Markstein. “Bursting water pipes force utilities to make immediate repairs and replacements, accelerating planned pipe upgrade projects –particularly in the south where polar vortex visits tested infrastructure. “Nonresidential building construction does not receive any such “benefit” from the bad weather and is clearly hurt by it. As a result, it is too early to determine the outlook for this sector of the construction industry based on the starts data until better weather prevails. Reed’s expectation is that delayed projects will move forward with improved weather, leading to large increases in starts at that point,” Markstein continued. To view the complete report, go to www.reedconstructiondata.com/market-intelligence/articles/nonresidential-construction-starts-down-for-the-third-month-in-a-row. A start is determined by taking the announced bid date and adding 30 days. It is then assumed the project will actually break ground within 30-60 days of the start date. Reed continues to follow the project via our network of researchers, so if the project is abandoned or rebid, the start data are subsequently updated to reflect the new information. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a trusted source for detailed, accurate, and up-to-date information on private and public construction projects across the United States and Canada. Reed’s data collection teams leverage strong industry relationships, innovative technology, and third-party data sources to deliver timely and accurate information on projects, companies, and contacts and daily updates for all types of general and civil construction. For more information, visit www.reedconstructiondata.com.
  • no-image-rcd
    Reed and AEC Cares team up with Metropolitan Family Services to brighten and renovate a center that provides daycare and early learning for infants, toddlers and preschoolers on Chicago’s South Side. Reed Construction Data announces AEC Cares’ fourth annual “blitz build” that brings together design and construction professionals for a special project within a new community every year. Joining forces with Metropolitan Family Services, AEC Cares will renovate a 30-year-old building that provides daycare and early learning for infants, toddlers and preschoolers from very low-income families. The project takes place in June, on the day before the AIA National Convention in Chicago – allowing attendees and exhibitors to participate in the rewarding volunteer experience. This year, AEC Cares will tackle Metropolitan’s newest learning and wellness center, a former school building on Chicago’s South Side. The center offers early learning programs for children who are 6 weeks to 5 years of age, giving them a safe place to stay during the day, while building their confidence, their language and social skills, and their interest in learning. The goal for the project is to transform the dull, dated building into a bright, cheerful and fun place that helps Metropolitan inspire the children to achieve. “We are honored this year to bring AEC Cares to the Chicago community,” stated Renee Pinczes, Vice President of Finance, Reed Construction Data, and Board President, AEC Cares. “Working with Metropolitan and our exceptional group of volunteers, we can create an exciting and fresh environment that encourages young children to learn and excel.” On June 25, 2014, AEC Cares will bring together teams of professionals and volunteers from Reed Construction Data, the AIA and Hanley Wood for the one-day “blitz build” event that will complete the center’s transformation. The 150-plus volunteers will rally to build a colorful play area and renovate the building interior. “Metropolitan truly appreciates this opportunity to work with AEC Cares and Reed to make the most of our new learning and wellness center,” said Ric Estrada, President and CEO, Metropolitan Family Services. “This generosity will help us provide services in an attractive environment that welcomes and affirms the families we serve.” AEC Cares has a four-year record of successful projects organized by Reed Construction Data. Starting in 2011, AEC Cares and Reed rebuilt five houses in New Orleans devastated years earlier by Hurricane Katrina. In 2012, teams of architects, contractors and manufacturers added their time and talent to rebuild a house for homeless teens in Washington, D.C., and in 2013, the volunteer teams completed over $225K worth of renovations to a facility for homeless, disabled veterans and adults in Denver. “We are excited for the opportunity to work once again with AEC Cares and all of our exceptional volunteers and sponsors to create something magical for the children of this community,” said Laura Marlow, Senior Director of Business Development, Reed Construction Data. “On project after project, we’ve been able to see firsthand the profound impact we are making for those who need it most.” To join the AEC Cares’ project or find more information about AEC Cares, visit www.AECcares.com. About AEC Cares AEC Cares is a 501(c)(3) not-for-profit corporation actively supported by Reed Construction Data, with the AIA and Hanley Wood, generous sponsors, donors and volunteers. Bringing together architects, contractors, manufacturers and industry professionals from across the United States and Canada, AEC Cares works to create positive change through meaningful projects that benefit a new community every year. To learn more about AEC Cares, visit www.AECcares.com. About Metropolitan Family Services Metropolitan Family Services empowers families to learn, to earn, to heal, to thrive. Part mentor, part motivator, part advocate, since 1857 Metropolitan has been the engine of change that empowers families to reach their greatest potential and positively impact their communities. Metropolitan reaches more than 63,000 families and individuals annually through seven community centers, with services that promote education, economic stability, emotional wellness and empowerment. For more information, visit www.metrofamily.com. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed provides actionable insight to construction professionals through a diverse portfolio of innovative products and services, including national, regional and local construction project data, accurate and reliable construction cost data, effective marketing solutions and dynamic market intelligence. To learn more about Reed, visit www.reedconstructiondata.com.
  • no-image-rcd
    Reed Construction Data will premiere its new contractor-focused Intelligent Leads at CONEXPO-CON/AGG, Booth #90306, on March 4-8, 2014, in Las Vegas. Designed with contractors in mind, the new Intelligent Leads delivers all-new visibility into construction project opportunities. Covering hundreds of thousands of projects across the United States, as well as plans, specs, contacts and more, Intelligent Leads provides the timely project and contact detail contractors need to find, bid and secure new work. Intelligent Leads reveals exciting new opportunities for construction contractors, stated Rich Remington, Chief Operating Officer, Reed Construction Data. With detail options other providers simply cant offer, Reed makes it easier than ever to keep an eye on projects in the pipeline. Along with in-depth project coverage, Intelligent Leads has an easy-to-use, easy-to-learn design that puts all information at the users fingertips. The dashboard is easily customized to further simplify operations, and results are available both online and via mobile device. Fully-searchable plans and specifications and RSMeans-powered Material Demand options are available to allow contractors to uncover easily-missed, high-value projects. “Our goal at Reed is to increase each customers profitability and productivity,” stated Remington. “We are continually expanding the reach of our Intelligent Leads to ensure our customers have everything they need to gain and keep a competitive edge… And this is just the beginning.” For more information about Intelligent Leads, visit http://www.reedconstructiondata.com/construction-project-leads/reed-insight. In addition to the new Intelligent Leads, Reed will showcase industry-leading products, such as RSMeans Online, RSMeans eBooks, specEdge and more. The company will also have daily giveaways in the booth. Visitors are invited to stop by Booth #90306 for demonstrations of Reed’s top-selling products. About RSMeans RSMeans, a division of Reed Construction Data and the most quoted name in construction, is North Americas leading provider of construction cost information. For more than 70 years, RSMeans has been the source of locally relevant, accurate and up-to-date cost information construction professionals can count on to build competitive estimates and control construction costs. The on-staff experts at RSMeans offer seminars, consulting services and assistance with cost data and estimating needs. To learn more about RSMeans, visit http://www.reedconstructiondata.com/rsmeans. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a trusted source for detailed, accurate, and up-to-date information on private, public and civil construction projects across the United States and Canada. Reeds data collection teams leverage strong industry relationships, innovative technology and third-party data sources to deliver timely and accurate information on projects, companies and contacts, with daily updates for all types of general and civil construction. For more information, visit http://www.reedconstructiondata.com.  
  • no-image-rcd
    Reed Construction Data announced today that the value of January construction starts, excluding residential contracts, fell 15.3% after also declining 13.3% in December. This year’s kick-off dollar volume, $18.6 billion, was the lowest since February 2013’s $16.4 billion. “Abnormal amounts of snow and ice and continuing hesitancy in the overall economy have held back spending plans early in 2014,” said Alex Carrick, Chief Economist, Reed Construction Data Canada. “Companies have been making good profits, as reflected in stock market valuations, but decision-makers have been waiting for more stability in Washington and signs of a better global economy before committing to construction projects. The first has been achieved to a significant degree; the second will be a matter of more time.” In the five years prior to the latest reading, the average January versus December percentage change was -2.0%, ranging from +17.0% in 2010 to -11.3% in 2013. Starts this January were down -6.4% versus the opening month of last year. Difficult winter weather so far this year has held back starts in many regions, especially in middle and eastern-America. Also, many of the latest statistics on the U.S. economy—including housing starts—have suffered setbacks. Recent month-over-month total employment gains have been less than hoped for, although the number of on-site construction workers in January jumped by 48,000. The jobless rate in the sector, however, remains uncomfortably high at 12.3%. Among the four major type-of-structure categories, commercial starts performed best month to month (+1.9%) in January. The two largest subcategories within commercial both recorded increases in the latest month versus December of last year, with retail +9.6% and private office buildings +11.2%. Compared with January 2013, the percentage changes are not as favorable, except for private office buildings, which were +184.1%, or nearly three times as great. Retail starts in January 2014 over January 2013 were -65.1%, and the total commercial grouping was -16.8%. Manufacturing starts this January were -72.7% versus the final month of 2013 and were -41.9% when compared with January of last year. In dollar volume, December was the strongest month last year for this construction category, with October a close runner-up. The other 10 months of 2013 averaged about the same as January of this year. Institutional starts, which were -15.1% month to month in January, were pulled down by their largest subcategory—i.e., more than 50% of the total—schools and colleges at -22.1%, with retail at +9.6% and private office buildings at +11.2%. Compared with January of 2013, the percentage changes are not as favorable, with the exception of private offices. That helped counter-balance a 29.0% year-over-year decline in school work, so that the year-over-year decline in total institutional was a relatively modest -4.0%. To view read the complete report or download the PDF, click here.
  • no-image-rcd
    Reed Construction Data, a leading provider of construction project information in Canada and the United States, proudly announces its platinum sponsorship for Buildex Vancouver, British Columbia’s largest and most current conference for interior design, architecture, construction and renovation. Celebrating 25 years in the Vancouver market, the Buildex convention runs February 19-20, 2014. Reed will showcase the industry’s newest products and technologies at this premier, once-a-year event. “Reed is especially excited to sponsor and be part of Buildex Vancouver this year,” stated Mark Casaletto, Vice President and General Manager, Reed Construction Data Canada. “Our strong, innovative products align perfectly with the show’s promise to present the newest products, trends and tools for the industry.” Reed this year is providing a preview of the company’s game-changing new Intelligent Leads, a unique, all-new way to view construction project activity and high-value opportunities. Combining a straightforward, easy-to-use platform and highly-advanced technology, Intelligent Leads is seeing unprecedented sales in the United States and will be released in Canada in early 2014. Reed will also highlight its strategic alliance with local construction associations in British Columbia, an important alliance that has laid the groundwork for Reed Connect and its online electronic plans and specifications product. The company will, of course, showcase favorites Daily Commercial News and Journal of Commerce, the 100-year-old market-leading trade publications regularly referred to as the voice of Canadian construction industry. “Reed is leading the way in construction project leads and exciting new products that give our customers a distinct advantage over their competition,” said Casaletto. “We invite everyone to stop by our booth to get a preview of our vision for the future.” Reed Construction Data’s publications, products and technologies can be seen at booth #631. To learn more about Reed Construction Data, visit http://www.reedconstructiondata.com. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed Construction Data’s diverse portfolio of innovative products and services includes national, regional and local project leads, accurate and up-to-date RSMeans cost data, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the Reed Construction Data website at http://www.reedconstructiondata.com. About Reed Construction Data Canada Reed Construction Data Canada is a leading provider of construction information solutions and industry news. Reed Canada provides actionable insight to the construction industry through comprehensive project leads, market intelligence and industry news, as well as construction cost tools and a suite of online, digital and print references. For more information, visit http://www.reedconstructiondata.com/can.  
  • no-image-rcd
    Reed Construction Data announces the release of comprehensive data on thousands of Department of Transportation infrastructure projects across the country. With DOT projects representing nearly 50 percent of civil planning spending, this data offers enhanced visibility into a large sector of infrastructure construction, from roads and bridges to excavating and grading—with a view up to a year prior to bidding. “Providing visibility into these DOT projects 12 months before they go out to bid greatly expands our customers’ potential business prospects and opportunities,” said Rich Remington, Chief Operating Officer, Reed Construction Data. “We’re excited to be offering insight into civil projects still in the planning stages.” Reed’s new data includes information on an estimated 9,000 DOT projects across all 50 states, with each project valued at more than $100,000. Reed will continue adding new DOT projects as the information becomes available. “Through this data, Reed continues to help customers take a more active role in projects early on,” said David Ward, Chief Marketing Officer, Reed Construction Data. “It also creates a unique opportunity for companies to see what states are devoting the most funds to infrastructure projects like highway repairs or bridge renovations.”The data is available through Intelligent Leads on Reed’s exciting new Insight platform and through the Reed Connect and SmartProject News solutions. Reed Construction Data clients will be able to access and analyze the DOT’s upcoming infrastructure projects up to a full year in advance. For more information about Reed Construction Data’s project lead opportunities, visit www.reedconstructiondata.com/construction-project-leads. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed Construction Data’s diverse portfolio of innovative products and services includes national, regional and local project leads, accurate and up-to-date RSMeans cost data, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the Reed Construction Data website at www.reedconstructiondata.com.
  • no-image-rcd
    COOLNet Alberta, comprised of local construction associations in Alberta, and Reed Construction Data have signed an agreement to enhance communication between construction owners, bidders and design professionals - establishing Alberta’s largest non-residential construction network. Norcross, Ga. (PRWEB) January 28, 2014 Reed Construction Data and local construction associations in Alberta (COOLNet Alberta) have joined forces to better connect the demand and supply sides of Alberta’s $62 billion non-residential construction industry. Combining Reed’s trusted project information with COOLNet’s premium bid communications and e-procurement tools, the new partnership significantly expands opportunities for construction buyers, consultants and suppliers, as well as members and customers. “The benefits of this alliance to the industry and to our members are clear… this was revealed during our evaluation process,” stated John McNicoll, Executive Director of the Edmonton Construction Association. “We also spoke with Reed’s partners outside Alberta, who gave us a lot of confidence in moving forward.” “Alberta is one of the hottest non-residential construction markets in North America and, for that matter, the world, and we expect this sustained growth to continue,” added Mark Casaletto, General Manager and Vice President, Reed Construction Data Canada. “COOLNet has been deeply embedded in construction in Alberta for over 80 years; Reed is thrilled to be partnering with Alberta’s strongest construction network.” The Alberta alliance coordinates resources and partner strengths to improve the flow of information to and from key suppliers of construction. “COOLNet Alberta’s processes and tools make bid notification and communication more efficient,” stated Craig Roberts, Senior Director, Reed Construction Data. “Working collaboratively with Reed, the partners now avoid duplication of effort. Association members get unparalleled access to bid opportunities, and we can build a wider network.” “Each partner brings valuable resources to this alliance,” stated Dave Smith, President, Calgary Construction Association. “Together we have all of Alberta covered and with Reed onboard our reach widens. Construction procurement just got easier in Alberta.” The partners have ratified a legal agreement and are currently implementing its functional aspects. About COOLNet Alberta COOLNet Alberta is governed and managed by the Construction Associations of Calgary, Edmonton, Fort McMurray, Grande Prairie, Lethbridge, Lloydminster, Medicine Hat, Peace River & Red Deer. Questions about the online plansroom? Call 403-291-3350 or email coolnet(at)cca(dot)cc. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed provides actionable insight to construction professionals through a diverse portfolio of innovative products and services, including national, regional and local construction project data, accurate and reliable construction cost data, effective marketing solutions and dynamic market intelligence. To learn more about Reed, visit http://www.reedconstructiondata.com.  
  • no-image-rcd
    Reed’s U.S. Chief Economist notes the wild ride of the 2013 economy continued through December. Reed Construction Data announced today that the value of December construction starts, excluding residential contracts, plummeted 12.1% to $22.5 billion, after surging 15.3% in November. Starts were almost the same as in December 2012 (-0.2%). For the year, which totaled $273.7 billion, starts rose a modest 3.3% from 2012. “Monthly commercial starts were on a wild ride in 2013, often varying dramatically from month to month,” stated Bernard Markstein, U.S. Chief Economist, Reed Construction Data. “December continued that pattern when commercial starts fell a sickening 33.7%, but that plunge followed a dizzying jump of 59.5% in November.” For the year, commercial starts were up 26.8% from 2012. Although two of the largest sectors in the group, retail starts and private office starts, fell sharply for the month (down 20.0% and 22.8%, respectively), they were up 42.1% and 20.1%, respectively, for the year. Hotel and motel starts remained on the upswing, turning in a solid 29.2% gain for the month and increasing 60.5% for the year. Industrial (manufacturing) building starts is another sector with wild monthly variations. In December, they rocketed up 246% after nose diving 66.2% in November. Starts for the year, however, were up a modest 1.1% from 2012. Institutional building starts rose 7.4% in December, after falling 15.2% in November. For 2013, starts were down 11.2%. Starts for schools and colleges jumped 20.3% in December, but were down 9.0% for the year. Starts for hospitals and clinics advanced 16.5% in December, but were down 6.9% for the year. Nonresidential building construction had a rough year in 2013. As of November, year-to-date construction spending was essentially unchanged from the same period in 2012 (down 0.1%) based on Census Bureau data. Nonresidential building starts did slightly better, increasing 2.7% for the year. With the expectation that the economy will grow faster this year, the outlook for nonresidential construction is for a better performance in 2014. Heavy engineering (non-building) starts tumbled 17.4% in December, after surging 26.3% in November. For 2013, starts were up a passable 4.3% from 2012. Starts for all the categories in the group were up for the year except for miscellaneous civil construction, which were down 5.7%. Starts for the largest category in the group, road and highway construction starts, rose a paltry 1.0% for the year. The next largest category in the group, water and sewage construction starts, were up a slightly more respectable 4.7% in 2013. To view the complete report, visit http://www.reedconstructiondata.com/market-intelligence/articles/construction-starts-end-the-year-on-a-sour-note/. Markstein noted, “Despite limited government funding, heavy engineering projects have turned around recently. Because public-private partnerships are often the key to unlocking new projects, these partnerships are becoming the norm for state and local infrastructure projects.” Since the starts data are not seasonally adjusted (NSA), caution should be used in analyzing monthly movements. Year-over-year comparisons are often used, as they remove much of the seasonal effects. The value of construction starts each month is summarized from the Reed database of all active construction projects in the U.S., excluding residential construction. Missing project values are estimated with RSMeans building cost models. A start is determined by taking the announced bid date and adding 30 days. It is then assumed the project will actually break ground within 30-60 days of the start date. Reed continues to follow the project via our network of researchers, so if the project is abandoned or rebid, the start data are subsequently updated to reflect the new information. About Reed Construction Data Reed Construction Data is a trusted source for detailed, accurate, and up-to-date information on private and public construction projects across the United States and Canada. Reed’s data collection teams leverage strong industry relationships, innovative technology, and third-party data sources to deliver timely and accurate information on projects, companies, and contacts and daily updates for all types of general and civil construction. For more information, visit www.reedconstructiondata.com.
  • no-image-rcd
    In the latest population numbers from Statistics Canada, Alberta is coming on like gangbusters. The country as a whole added 400,000 in the last 12 months, and Alberta was the province with the largest share of that total: one-third. This number set a new record, both in terms of net interprovincial migration and immigrant arrivals. The year-over-year increase in Canada’s population was +1.2%. Alberta increased three times as fast, +3.5%. Saskatchewan took second place with +1.9%. Read more
  • no-image-rcd
    Reed’s Expansion Index shows expanding construction potential in 41 states plus the District of Columbia. Reed Construction Data announced its December Expansion Index stood at 1.48, indicating overall construction in the United States is expected to grow over the next 12 months. “The positive signs of growth are encouraging and align with other economic data,” said Bernard Markstein, U.S. Chief Economist, Reed Construction Data. “With an Expansion Index greater than 1 in 41 states plus the District of Columbia, the expected improvement in construction appears widespread across the country.” The Expansion Index is a monthly measure of expectations for the construction marketplace over the upcoming 12-18 months, based on the value of projects in the planning pipeline. A reading greater than 1 indicates construction volume is expected to expand. In addition to an overall measure of U.S. construction, Reed uses the Expansion Index to track expected construction volume for every state and more than 360 Metropolitan Statistical Areas. According to Markstein, multiple factors are supporting the positive signal. “Many pieces are falling into place for a moderately faster-growing economy,” stated Markstein. “Companies are experiencing rising demand. A federal budget deal was signed into law. Residential construction continues to improve. Europe is slowly working its way out of recession. These and other positives mean the Reed Expansion Index is likely to remain well above 1 for several months–an indication that construction activity will rise throughout the year.” The Expansion Index is a ratio of the value of projects in the planning phase over the value of the projects estimated to be still under construction in a defined geography and/or building segment. The relationship says if more in the pipeline than underway, the volume will increase in the future if that ratio is greater than 1. The data covered includes non-residential and multifamily residential construction. To view the Expansion Index, visit www.reedconstructiondata.com/market-intelligence/expansion-index. 20 Fastest-growing MSAs MSA EI rating Duluth, MN-WI Durham, NC El Centro, CA Evansville, IN-KY Flagstaff, AZ Flint, MI Grand Forks, ND-MN Greenville, NC Laredo, TX Logan, UT-ID Missoula, MT Muskegon-Norton Shores, MI Providence-New Bedford-Fall River, RI-MA Salem, OR Waterloo-Cedar Falls, IA Clarksville, TN-KY VA Beach-Norfolk-Newport News, VA-NC Columbia, MO Baton Rouge, LA Greensboro-High Point, NC   >10   >10   >10   >10   >10   >10   >10   >10   >10   >10   >10   >10   >10   >10   >10       9.56       7.75       7.67       6.91       6.77 About Reed Construction Data Reed Construction Data is a trusted source for detailed, accurate, and up-to-date information on private and public construction projects across the United States and Canada. Reed’s data collection teams leverage strong industry relationships, innovative technology, and third-party data sources to deliver timely and accurate information on projects, companies, and contacts and daily updates for all types of general and civil construction. For more information, visit www.reedconstructiondata.com.  
  • no-image-rcd
    Reed will feature new Intelligent Leads, top-selling RSMeans products and economic outlook presentations by Bernard Markstein at AHR Expo New York, Booth 7115. Reed Construction Data will showcase Intelligent Leads, the company’s unique new way to view construction project activity, at this year’s AHR Expo, Booth 7115. The show takes place at the Javits Center in New York, January 21-23. Reed’s just-released Intelligent Leads gives building product manufacturers unmatched visibility into construction opportunities. Combining the company’s leading database of construction projects with predictive cost models from RSMeans, Intelligent Leads delivers the most relevant results available and connects manufacturers to projects with the most value for their company and products. “Intelligent is light years ahead of anything ever experienced in construction project leads,” said David Ward, Chief Marketing Officer, Reed Construction Data. “With Intelligent Leads and our exclusive RSMeans-powered Material Demand, we are providing our customers a game-changing, never-before-possible vantage point of construction projects.” Intelligent Leads not only offers rich, robust data, its customizable dashboard puts all information at the users’ fingertips. Fully-searchable plans, specifications and schedules uncover projects otherwise easy to miss, and the new Material Demand adds insight into best project opportunities very early in the planning pipeline – even before specifications are written. With the advantage of proprietary RSMeans’ building models, Material Demand estimates the value of specific materials on a project, so manufacturers can instantly identify and prioritize best targets for their company strategies. Saved searches, powerful activity alerts and dynamic exports provide a dramatically different and convenient user experience. In addition to demonstrations of Intelligent Leads, Reed will showcase company best sellers, such as RSMeans Online, RSMeans books, eBooks and online titles. Dr. Bernard Markstein, Reed’s U.S. Chief Economist, will appear for special presentations about the outlook for 2014 construction and the HVAC market. “Reed provides business development solutions to our customers, with technology that keeps them a step ahead of their competition,” stated Ward. “We continue to redefine and set industry standards with products such as Intelligent Leads and Material Demand… and this is just the beginning.” Intelligent Leads is available today and can be seen at AHR Expo, booth 7115. For additional information, visit www.reedconstructiondata.com/construction-project-leads/reed-insight/. About RSMeans RSMeans, a division of Reed Construction Data and the most quoted name in construction, is North America’s leading provider of construction cost information. For more than 70 years, RSMeans has been the source of locally relevant, accurate and up-to-date cost information construction professionals can count on to build competitive estimates and control construction costs. The on-staff experts at RSMeans offer seminars, consulting services and assistance with cost data and estimating needs. To learn more about RSMeans, visit www.reedconstructiondata.com/rsmeans. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed Construction Data’s diverse portfolio of innovative products and services includes national, regional and local project leads, accurate and up-to-date RSMeans cost data, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the Reed Construction Data website at www.reedconstructiondata.com.
Page 1 of 11 pages