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24 Jan 2019

Future Trends Survey
Uncertainty and declining confidence amongst small practices: RIBA publishes latest Future Trends survey results
The latest RIBA survey of architects indicates a considerable fall in optimism about their future workload (RIBA Future Trends Survey December 2018 – Workload Index fell significantly to +3, from +10 in November).
Practices in Wales and the West of England were most pessimistic about their workloads (returning a balance figure of -10), while London (at +1) and the South of England (at +8) remained cautious about their medium-term prospects. The most significant fall was reported by firms based in the Midlands and East Anglia, with workload predictions tumbling to zero from +12 in November. The North of England continues to remain the most optimistic area (returning a balance figure of +15), however the region is less positive than it has been in recent months.
Large practices (with 51+ staff) remain most positive about their future workloads, returning a balance figure of +60 in December 2018. Medium-sized practices (with 11 – 50 staff) returned a more modest result of +14, while smaller practices (with 1 – 10 staff) appeared considerably more nervous, returning a balance figure of ...