In February 2019 the
RIBA Future Trends Workload Index bounced back from the previous month’s low,
rising to +4 from -3 in January.
Practices in London
(balance figure -10), Wales and the West (balance figure -6) and the Midlands
and East Anglia (balance figure -3) remained the most downbeat about future
workloads. Practices in the South of England (balance figure +18) and the North
of England (balance figure +30) were far more optimistic.
Each quarter
participating practices are asked about the value of their work in progress
compared with 12 months ago. In the last three months, overall workloads were
6% lower than in the equivalent period last year, suggesting that the market
for architectural services is now shrinking quite significantly on an
annualised basis.
The private housing,
commercial and community sector forecasts changed very little in February 2019.
While the private housing sector workload forecast fell slightly (to +1 from
+3), the commercial sector forecast saw a slight uplift (to zero from -1) and
the community sector remained unchanged (balance figure -4).
The public sector
workload forecast experienced the biggest movement (falling to -8 from -2),
suggesting that participating practices remain sceptical about any significant
uplift in public sector commissions in the short to medium term.
The Future Trends
Staffing Index also recovered a little this month, climbing to +2 from zero in
January, but the employment market for salaried architects still appears
stagnant.
The quarterly
staffing figures showed that overall staffing levels were 3% lower than the
same period in 2018, demonstrating some shrinkage in the employment market.
RIBA Executive
Director Members, Adrian Dobson, said: “February 2019 seems to be the month
when the political uncertainty over Brexit really hit home hard for the
architectural profession.
"Many of our
participating practices reported a stall in enquiries and evidence of
increasing reluctance from clients to commit to projects. Practices also
reported a significant drop in job applications and speculative CVs from EU
students and architects.
"The overall
tenor of the anecdotal reports was of frustration at the Brexit impasse.
Several practices commented that the political and economic context created a
difficult environment, leading to slow decision making by prospective clients
and renewed pressure on fees.”
