Since the beginning of the recession in early 2008, architecture firms have collectively seen their revenue drop by 40 percent and have had to cut personnel by nearly a third. Despite a national recovery from the recession in 2009, construction activity continued to spiral downward, according to the recently release 2012 AIA Firm Survey — aia.org
5 Comments
Such a sad reality of our industry over the past few years. Hopefully, with easements on the lending branch will inspire new growth to this regressing sector.
This shit is depressing. If there is any reaccurring theme in my life it is bad timing!
Purchase:
The Business of Architecture: 2012 AIA Survey Report on Firm Characteristics is available for purchase through the AIA Store in PDF format only. The full 40-page report is available for $79.98 for AIA members and $129.95 for non-members. Six individual chapters from the report are available for $29.98 each for AIA members and $49.95 for non-members, while firm size reports by small, medium, and large firm sizes are available for $39.98 each for AIA members and $59.95 for non-members.
hahaha this is fucking hilarious at the bottom of the article
To be entirely fair, employment at architecture firms fell by 28 percent, but architects as a share of those employed increased from 60 percent to some "somewhat larger" figure I have to pay 30 bucks to find out. Point being employment among architects at architecture firms probably fell by around something more like 20 percent - its really the secretaries and IT guys that got hurt the worst. Still terrible news, but its not quite as bad as the article would indicate.
ouch
Block this user
Are you sure you want to block this user and hide all related comments throughout the site?
Archinect
This is your first comment on Archinect. Your comment will be visible once approved.