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mal-practice

the architecture of constructing a practice

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    those numbers just don't lie...

    Gregory Walker
    Dec 1, '11 10:57 AM EST

     

    i'm working on a couple features for the blog, but in the meantime some data from the feds this morning. all emphasis is mine....

     

    "Construction spending rose 0.8 percent in October to a seasonally adjusted annual rate of $798.5 billion, the Commerce Department said. While an improvement, that's barely half the $1.5 trillion that economists consider healthy. And through the first 10 months of this year, construction spending is 2.9 percent below the dismal levels from 2010."

     

    ouch. more proof though that washington's got this all wrong:

     

    IF YOU CAN'T FIX CONSTRUCTION, YOU CAN'T FIX THE ECONOMY. 

     

    right now, that spread above is about 5.5% of GDP. there's nothing - i mean nothing - that will generate 3% on top of that loss of productivity. it's really that simple.



     
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About this Blog

Central to the blog is a long running interest in how we construct practices that enable and promote the kind of work we are all most interested in. From how firms are run, structured, and constructed, the main focus will be on exploring, expanding and demystifying how firms operate. I’ll be interviewing different practices – from startups to nationally recognized firms, bringing to print at least one a month. Our focus will be connecting Archinect readers with the business of practice.

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