Dive summary:

• Reading the tea leaves about the state of the construction recovery depends at the very least on what kind of "tea" you choose, but a consulting company called Janco Associaties thinks there is a connection between what corporations are doing in information technology and what they will not invest in construction.
• The firm's CEO, Victor Janulaitis, said a report due out next week will detail the results of interviews with 96 corporate chief technology officers who are largely (67%) fine with keeping head count where it is except for immediate needs that come up.
• Another tea leaf in the mix is a decline in Intel revenues, which could be read to mean companies see no need to buy tech for expanded staff, which means they do not need more space, which might mean they are not looking for contractors.

From the article:

The take away from this for architecture, engineering and construction, says Janulaitis, is that when the economy is not investing in IT infrastructure ... it is not investing in growth. ...