The Royal Institute of British Architects (RIBA) Future Trends Survey for February 2012 has revealed that confidence concerning future workloads has grown for the second month in a row, and entered positive territory for the first time since August 2011. The RIBA Future Trends Workload Index for February 2012 stands at +9, rising significantly for the second month in a row compared to -2 in January 2012.
Medium sized practices (11 - 50 staff) were the most positive about future workload levels, returning a balance figure of +42. Large practices (51+ staff) returned a balance figure of +33, but small practices (1 - 10 staff) were more cautious with a balance figure of +4.
Practices in the North of England (balance figure -7) and Northern Ireland (balance figure
-20) returned figures in negative territory.
The RIBA Future Trends Staffing Index for February 2012 is -3 compared to -7 January 2012, indicating that the profession is not yet sufficiently confident about future workloads to be able to recruit new staff in any significant numbers in the short term.
RIBA Director of Practice, Adrian Dobson said:
'Whilst it is important to be measured in our response to two consecutive monthly Workload Index increases, the rise by 20 balance points over this short period appears to be an early indicator of a more optimistic outlook amongst practices. We will monitor this trend over the next two to three months to see if it gains momentum.'
Notes to editors
For further press information contact Howard Crosskey in the RIBA Press Office: 020 7307 3761
The Royal Institute of British Architects (RIBA) champions better buildings, communities and the environment through architecture and our members.
Completed by a mix of small, medium and large firms based on a geographically representative sample, the RIBA Future Trends Survey was launched in January 2009 to monitor business and employment trends affecting the architects’ profession.
To participate in the RIBA Future Trends Survey, please contact the RIBA Practice Department on 020 7307 3749 or email email@example.com
. The survey takes approximately five minutes to complete each month, and all returns are independently processed in strict confidence.
The definition for the workload balance figure is the difference between those expecting more work and those expecting less. A negative figure means more respondents expect less work than those expecting more work. This figure is used to represent the RIBA Future Trends Workload Index, which for February 2012 is +9.
The definition for the staffing balance figure is the difference between those expecting to employ more permanent staff in the next three months and those expecting to employ fewer. A negative figure means more respondents expect to employ fewer permanent staff. This figure is used to represent the RIBA Future Trends Staffing Index, which for February 2012 is -3.