January 26, 2007
  2007 Projected as Another Strong Year for Nonresidential Projects
AIA Consensus Forecast Panel sees continued economic expansion with balanced growth across commercial/industrial, institutional sectors
AIA Chief Economist Kermit Baker, PhD, Hon. AIA, says that if you liked the nonresidential construction market last year, you’ll probably love it this year, according to the principal conclusions from his most recent AIA Consensus Construction Forecast, a semi-annual survey of the nation’s leading construction forecasters.

kiplinger connection
The Economy • Financial Services • Small Business
The Economy: Construction spending will lag in second quarter, then strengthen again.
Human Resources: As balloon-loan terms expire, expect mortgage delinquencies to hit 5 percent.
The World: Smalls can expect more access to government work and lower SBA loan fees.

Three Members Censured for Violating AIA Code of Ethics
AIA members Tracy D. Anderson, AIA; Daniel G. Knight, AIA; and Tracy L. Reynolds, AIA, have been censured by the National Ethics Council (“Council”) for violating Rule 4.201 and Rule 5.201 of the Institute’s 1997 Code of Ethics and Professional Conduct (“Code of Ethics”). Rule 4.201 states that “Members shall not make misleading, deceptive, or false statements or claims about their professional qualifications, experience, or performance and shall accurately state the scope and nature of their responsibilities in connection with work for which they are claiming credit.” Rule 5.201 (renumbered 5.301 in the 2004 Code of Ethics) states that “Members shall recognize and respect the professional contributions of their employees, employers, professional colleagues, and business associates.”

 

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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.