december 22, 2006
  November Business Conditions at Architecture Firms Show Considerable Improvement
Attracting new qualified staff tops the list of 2007 business concerns
Approaching year-end, business conditions rebounded at architecture firms, indicating that the nonresidential construction activity will continue to show strength throughout 2007, according to AIA Chief Economist Kermit Baker, PhD, Hon. AIA, in this month’s Architectural Billings Index report. The commercial/industrial sector in particular showed upward potential, as billings at commercial and industrial architecture firms recorded their best reading of the decade. And, with a strong nonresidential construction market over the past year and growing billings at design firms, attracting new staff tops the list of business concerns for architecture firms for the coming year.

kiplinger connection
Business Trends • The Economy • Economic Policy
Business Trends: Look at this wide range of portable tech capabilities coming soon.
The Economy: As OPEC reasserts its control, gas prices will keep going up.
Economic Policy: A formal Fed inflation target might calm investor jitters.

 

  

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Welcome to the Business Zone
This is the place for our monthly Work-on-the-Boards survey report, quarterly Housing Trends survey report, and biannual Consensus Forecast, all by AIA Chief Economist Kermit Baker, PhD, Hon. AIA. You’ll also find tips for managing the business side of your practice, as well as the weekly Kiplinger Connection.