Architectural market remains fragile

Latest News Thu, Jul 18, 2019 2:20 PM

In June 2019 the RIBA Future Trends Workload Index increased to +9, after remaining steady at +5 for three consecutive months.

The North of England was especially positive at +39, continuing its run of returning the highest balance figure of any region. The South of England showed increased optimism, increasing by 16 points to +19; Wales & The West also had a positive outlook (+13).

Practices in London were more pessimistic about future workloads than other areas, as the balance figure fell to -8, while Midlands & East Anglia has remained at the same level, returning a balance of zero.

Large practices (51+ staff) showed the highest increase in confidence in June, returning a balance of +33, up from +20 the previous month. Medium-sized practices (11 - 50 staff) continued to be positive, returning a figure of +30 and small practices (1-10 staff) recorded a three point rise (+5).

While the private housing sector remains the most resilient reported on (+1), all sectors recorded a decrease and this month’s report suggests a fragility of the market. The commercial sector dropped 4 points this month (to zero), the community sector remains at -4 and the public sector slipped back to negative territory (-2).

The RIBA Future Trends Staffing Index increased to +2 this month.

RIBA Head of Economic Research and Analysis, Adrian Malleson, said: “The commentary from practices this month focuses largely on the fragility of the current architectural climate. Some drew attention to Brexit creating an unpredictable market, in which it is increasingly difficult for both clients and architects to make, and commit to, business plans. However, with a focus on quality work and the international market, many practices continue to thrive.”

Featured News

Specification news
Frontier Pitts at International Security Expo 2019

Frontier Pitts will be exhibiting at the International Security Exhibition in London...

Read More >>

Specification news
The future of UK construction: Part 4 – Building...

Snagging could be a thing of the past for builders and contractors who use SIPsIn our...

Read More >>

BUILDING PRODUCT LIBRARY - LATEST BROCHURES

Rubber Floor Coverings and Accessories - nora rubber flooring Brochure

Rubber Floor Coverin...
By nora flooring system...

Download Now >>

Offices - nora rubber flooring Brochure

Offices - nora rubbe...
By nora flooring system...

Download Now >>

Lyfthaus - Architects Edition Brochure

Lyfthaus - Architect...
By Lyfthaus Limited

Download Now >>

RMIG City Emotion Brochure

RMIG City Emotion
By RMIG Ltd

Download Now >>

New lease of light with Zenon Arc  Brochure

New lease of light w...
By Hambleside Danelaw L...

Download Now >>

BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS

Ultima Spandrel Panels
Ultima Spandrel Panels

Our non-combustible cladding and fire resistance are of the utmost importance. The Spandrel panels...

Read More >>

JB Green
JB Green

Premium Type A timber batten for a wide range of applications.Made from slow-grown, kiln dried...

Read More >>

Wessex
Wessex

All of our concrete interlocking tiles can achieve an 'A+' rating (which has the lowest...

Read More >>

CONSTRUCTION VIDEOS - LATEST VIDEOS

Perforated metal - see ideas come to life
Perforated metal - see ideas come to life

More than a century of experience and limitless possibilities with high quality perforated products...

Watch Now >>

8 Airflow - Saffron Acres
8 Airflow - Saffron Acres

Saffron Acres is a social housing development in Leicester. Currently there will be 68 homes built,...

Watch Now >>

Airflow branded video MHMHome
Airflow branded video MHMHome

Indoor air pollution can affect the health of you and your family. Ensuring that your home has...

Watch Now >>