Confidence in the future prospects of UK architects falls as 2017 comes to a close. RIBA (Royal Institute of British Architects) released their Future Trends Workload and Staffing Indexes for the end of 2017 and the numbers are not looking good. The Workload numbers dropped dramatically just over one month from +17 in October to -1 in November, while the Staffing number entered the negatives for the first time this year.
Meanwhile in the US, the architecture and construction industry has further gained strength in November according to the latest ABI report announced this morning.
The RIBA press release stated, “However, we shouldn’t read too much into a single month’s data and these returns pre-date the decision that the Brexit talks can move to phase 2. My biggest concern is the drop in the private housing forecast. RIBA will need to keep a close eye on that in the New Year.”
A full analysis breakdown can be found here.
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