Future Trends January 2017
The Royal Institute of British Architects (RIBA) Future Trends workload index rose in January 2017, increasing to +24 (up from +17 in December 2016). Overall confidence about future workloads is at pre-Referendum levels.
Practices in the North of England saw the biggest increase in workload expectations (balance figure +48); the South of England and Wales and the West also remained optimistic. London practices were more cautious with the balance figure standing at +15 (unchanged from December 2016).
Large practices (51+ staff) were more optimistic than medium-sized and small practices, but practices of all sizes expected medium-term workloads to increase.
The private house sector forecast increased slightly to +22 (up from +20 in December 2016). The commercial sector forecast also rose, to +4 in January 2017. The public sector recovered marginally, but remained in negative territory at –6; the community sector forecast fell to +1.
The RIBA Future Trends staffing index made a strong recovery, rising to +8 in January 2017 (up from +1 in December 2016). 94% of practices expected their staffing levels to increase or stay the same over the next quarter.
In January, medium-sized practices were again the most optimistic about retaining and increasing staff (balance figure +27), followed by large practices at +25. Small practices were the least confident (balance figure +4).
RIBA Executive Director Members, Adrian Dobson, said:
“Commentary from practices is generally positive this month, particularly for practices working in the private housing sector. Optimism about staffing shows that there is a healthy employment market for salaried architects, which should continue into the spring.
“Workload expectations are at pre-Referendum levels. However, we have yet to see whether Brexit will have a significant economic impact on architects’ work in the long-term.”
Notes to editors:
- For further press information contact Callum Reilly: email@example.com 020 7307 3757
- 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.
- The Future Trends survey is carried out by the RIBA in partnership with the Fees Bureau. Results of the survey, including a full graphical analysis, are published each month
- 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 January 2017 was +24.
- 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 January 2017 was +8.
- To participate in the RIBA Future Trends Survey, please contact the RIBA Practice Department on 020 7307 3749 or email firstname.lastname@example.org. The survey takes approximately five minutes to complete each month, and all returns are independently processed in strict confidence.
- The RIBA’s Brexit recommendations, Global by design: How the government can open up new opportunities for UK architects, can be viewed at www.architecture.com/about/riba-brexit-briefing
- The Royal Institute of British Architects (RIBA) is a global professional membership body that serves its members and society in order to deliver better buildings and places, stronger communities and a sustainable environment. www.architecture.com
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