April 20, 2007
  work-on-the-boards
Business Conditions Stabilize at Firms in Traditionally Busy Spring Season
Compensation levels expected to grow about 4 percent in 2007 for architecture positions
AIA Chief Economist Kermit Baker, PhD, Hon. AIA, tells us that business conditions at architecture firms remained healthy in March, historically the month where we see the greatest gains in design activity. Firms are reporting more stable activity after a year-end spike that mainly affected firms in the Northeast. Additionally, Baker reports, this month’s Work-on-the-Boards survey indicates that compensation levels for architecture positions are expected to increase about 4 percent in 2007, with a significant portion of firms expecting increases in paid overtime as well as in bonuses and profit sharing.

kiplinger connection
The Economy • Business Costs • Small Business
The Economy: Gas-price jump will likely be short-lived.
Business Costs : Mixed news on May 14 postal rate hikes.
Small Business : Lenders will focus less on personal credit scores.

Manage Your Digital Practice with New AIA Contract Documents
This May 15 Webinar can help
The AIA Contract Documents group’s Web seminar, Managing Your Digital Practice with New AIA Contract Documents, May 15, from 4–5:30 p.m. ET, can help AIA members get a handle on the two new, soon-to-be-released AIA digital practice documents, AIA Document C106™–2007, Digital Data Licensing Agreement and AIA Document E201™–2007, Digital Data a framework for making and documenting digital practice decisions for a project.

 

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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.