Latest News Mon, Sep 28, 2020 10:49 AM
In August 2020 the RIBA Future Workload Index remained positive at +7, with 31% of practices expecting a workload increase, 24% expecting a decrease, and 44% expecting workloads to remain the same over the next three months.
Regionally, the North of England returned to pre-Covid levels of confidence with a score of +25; Wales and the West remained at +30, and the South of England at +10. London and the Midlands & East Anglia meanwhile provided some cause for concern, both returning figures of -9.
Small practices (1 - 10 staff) remained the most optimistic group, posting a workload figure of +8, while large and medium-sized practices (11 – 50 and 51+ staff) were less confident, returning an average zero balance figure, compared to +13 in July 2020.
Among the four different work sectors, private housing continued to be the only area anticipating growth – returning a balance figure of +17 – while the commercial sector fell five points to -20, the community sector sat at -11, and the public sector fell slightly to -5.
In terms of staffing:
RIBA Head of Economic Research and Analysis, Adrian Malleson, said: “These August results mark a moment in time and sentiment before this week’s announcements, which are likely to make the operating environment for architects more volatile.
“Anticipated workload growth has been driven by relative optimism about private housing, and primarily by architects outside London. Private domestic work, commissioned in response to the virus, seems to have become the lifeblood of many small practices, with many homeowners turning to architects to design spaces that support current ways of living.
“Nevertheless, significant challenges remain for practices who rely on the commercial sector, with many clients cautious to commit to future projects. Reports of slowed planning applications, increased material cost, and restricted flow of finance as institutions wait for greater certainty before investing are also significant.
“Over the past three months the confidence and sentiment of practices has swung like never before, and we can expect further fluctuation as we move into the final quarter of 2020.
“RIBA members will continue to receive dedicated support and assurance that their concerns are being raised across government, at the highest level.”
Featured News
The New Model Institute for Technology & Engineering (NMITE) announces the...
BUILDING SYSTEM – THIN JOINT MASONRY FOR THE FUTUREThe design of the blocks is such...
BUILDING PRODUCT LIBRARY - LATEST BROCHURES
FRAMESAFE FR A2 FIRE...
By Glidevale Protect
A Guide to Aluminium...
By F.H. Brundle
Handrailing & Balust...
By F.H. Brundle
RLG600 Access Floori...
By Kingspan Data & Floo...
RHG600 Simploc
By Kingspan Data & Floo...
BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS
Straightcurve® – headquartered in Australia, is renowned for high-end innovative garden edging,...
The Kingspan RLG600 raised access floor panel is intended for light office use and is capable of...
Kingspan RHG600 Simploc is the heavy grade floor system, capable of handling up to a 12kN/m2...
CONSTRUCTION VIDEOS - LATEST VIDEOS
Straightcurve® Product Range Overview - A Demonstration of Installation Ease
In progressive and dynamic business sectors, such as construction, it’s natural to be forward...
Decorative aluminium horizontal bulkheads more than 100 metres long have been supplied and installed...