RIBA Future Trends Survey Shows Dropping Confidence as 2015 Ends - architecture and design

RIBA Future Trends Survey Shows Dropping Confidence as 2015 Ends

The Royal Institute of British Architects (RIBA)?s Future Trends Survey for December 2015 showed a dip in UK architects? confidence, reflecting the low number of new inquiries received by practices at the end of the year. The Future Trends workload index dropped substantially to +15 in December from +27 in November, showing a decrease in expected new projects. However, all regions in the UK, with the exception of Wales and the West (balance figure -3) and Scotland (balance figure -50), showed positive balance figures, with Scotland?s low numbers possibly related to the impact of oil price changes. The South of England was the most optimistic region with a balance figure of +30.

Courtesy of RIBA

The Royal Institute of British Architects (RIBA)?s Future Trends Survey for December 2015 showed a dip in UK architects? confidence, reflecting the low number of new inquiries received by practices at the end of the year. The Future Trends workload index dropped substantially to +15 in December from +27 in November, showing a decrease in expected new projects. However, all regions in the UK, with the exception of Wales and the West (balance figure -3) and Scotland (balance figure -50), showed positive balance figures, with Scotland?s low numbers possibly related to the impact of oil price changes. The South of England was the most optimistic region with a balance figure of +30.The close of the year showed that large (51+ staff, balance figure +67) and small practices (1...
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