October 16, 2009
  Displaced by the Economy, Architects Balance Design and the Bottom Line
With architects clients’ money frozen by sluggish credit markets, double-digit deceases in architecture firm unemployment, and nonresidential construction activity projected to decrease by 12 percent next year alone, the professional dissonance between architects’ roles as creative designers and market-driven corporate managers is heightening every day. Recent graduates nursed by the academy’s aspirations of design supremacy who have been struggling to find work and experienced architects who have been laid off from design firms are all finding that in a sinking design and construction economy, maintaining a career means creating your own entrepreneurial opportunities more so than designing other’s visions.


The Economy • Financial Services • R&D Trend

The Economy: Housing supplies are creeping lower in this hobbled recovery.
In Congress: A possible extension of COBRA benefits for long-term unemployed.
Climate Change: India and China won’t budge on CO2 emissions before the U.S.

 
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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.