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Thursday31 July 2014

Architects' confidence fell in November

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RIBA Future Trends Survey shows less optimistic outlook

Architects’ confidence about future workloads fell in November, according to the latest RIBA Future Trends Survey.

The index showed a score of +1, down from +7 the previous month.

Medium sized practices, those with 11-50 staff, remain the most optimistic showing a balance figure of +14.

Adrian Dobson, RIBA director of practice, said: “Allowing for small month by month variations, the Workload Index has been consistent in predicting little change in overall workloads for architects throughout the last six months. A clear picture of a stable market without any significant growth momentum appears to be emerging.”

London remains the most positive part of the UK and the private housing sector saw a modest decline from +9 in October to +3 in November.

Meanwhile, staffing numbers over the year have stayed approximately the same as 2011 levels. And practices continue to report that there is intense competition for work and that careful fee management is needed to ensure prompt payment of fees due.

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