November 16, 2007
  work-on-the-boards
October Billings Show Small Rebound After Declines of Late Summer
Institutional sector shows stronger growth; residential remains weak
The AIA’s Architecture Billings Index (ABI) showed stronger growth in October, rebounding slightly from a steep downturn in August and September, with a score of 53.2 (where any score above 50 shows growth), reports AIA Research Specialist Jennifer Riskus. Despite the ongoing slowdown in the economy overall, ABI panel members continue to report at least modest billings gains each month. In fact, most panelists feel that the impact of current credit market troubles is no worse in October than it was in September. Considering this month’s special topic of outsourcing, few firms report outsourcing work offshore. Large firms and firms located in the western part of the country are most likely to do so.

kiplinger connection
Help Wanted • Mortgage Misery • Trade
Help Wanted: Prepare now for the coming acute labor shortage.
Mortgage Misery: Still, banks are holding their mortgage-backed assets.
Trade: Yuan to rise a bit more against dollar, strong euro slows EU growth.

Nominations for AIA College of Fellows Bursar Due February 5
The 2008 College of Fellows Nominating Committee is soliciting members for 2009–2011 bursar. Interested members should include a letter providing a statement of interest (no longer than two standard pages) with name, address, e-mail address, and telephone number. Additionally, the applicant should provide a brief biography, a list of significant AIA activities and accomplishments, and letters of reference from three fellows forwarded to the chair of the nominating committee. More information can be found on the COF Web site. Address letters to Nominating Committee Chair, AIA College of Fellows, 1735 New York Ave., NW, Washington, DC 20006-5292, by February 5, 2008.

 

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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.