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Architects and Clients Downbeat About Economy: Archinect's Business Survey Results Revealed

Archinect

As we explained at the time, this project was motivated by several observations from economists within and beyond the AEC industry that the U.S. Part One, below, offers an overview of how both architects and clients are feeling about the industry, in addition to how they are responding to the challenges they are facing.

Client 299
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The fundamental 'BIM mismatch' between architects and contractors discussed at Harvard roundtable

Archinect

The traditional 2D format of CD sets will likely remain the industry standard for the foreseeable future. After all, contractors and sometimes clients want and need 3D models of buildings that can directly inform how buildings should be constructed.

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Interest Rates Were Cut, but Growth Takes Time: Archinect’s State of AEC October 2024

Archinect

At the end of each month, we will guide you through the latest analyses, indexes, and trends on how the architecture and construction industries are performing economically.

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University of Salford confirms demolition plans for first Stirling Prize winner

Archinect

Speaking to his former client's plans for the building, which was the first RIBA Stirling winner in 1996, Hodder told AJ : "For a university that promotes its sustainability credentials, the intention to demolish surely undermines the credibility of its policy.

Clients 279
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Batliboi Studio combines industrial and playful elements in Brooklyn loft

Deezen

The renovation of this industrial space involved uncovering original ceiling beams and exposing ductwork Batliboi Studio founder Hormuz Batliboi helped his client realise the very specific vision she had for the space, exposing the original structure and introducing touches of drama. The photography is by Ashok Sinha.

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Architects say high construction costs are contributing to the architecture industry's economic slowdown

Archinect

When we asked architects in our recent Archinect Business Survey about their economic outlook, one of the five big factors behind the architecture industry’s current economic slowdown mentioned most frequently by participants was high construction costs. Related on Archinect: Architects and Clients Downbeat About Economy: Archinec.

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Economic Pressures and Labor Challenges: How 2023 Shaped Architecture and Construction Industries

Archinect

The architecture industry was impacted this year by market volatility, rising interest rates, and evolving labor dynamics. This signaled a cautious approach by firm owners and clients alike amidst tightening credit conditions and rising interest rates.