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RIBA survey finds some practices reporting “early signs” of an improving market and more overseas opportunities
RIBA’s latest barometer of business sentiment in the architecture sector has found an increase in optimism compared with the previous month – but workloads and staffing levels are still expected to fall in the coming quarter.
The institute’s Future Trends survey responses for November found 21% of practices expect workloads to increase over the coming three months, while 51% expect them to stay the same and 28% expect them to decrease.
Responses are used to produce the Workload Index, which now stands at -6 in an indication of negative expectations. However the figure is an improvement on October’s -8.
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