Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Architects’ confidence at a post-referendum high

Upward graph increase recovery economy
  • Comment

The profession’s confidence is at its highest since the nation voted to leave the EU, according to the latest figures from the RIBA’s monthly Future Trends survey 

The institute reported that the architectural workload index was +17 in December – a dramatic increase from the -7 figure in July, which was based on data collected shortly after the vote for Brexit at the end of June. 

The July result was the first time the RIBA’s workload index has been negative since 2012.

Adrian Dobson, RIBA executive director members, said: ‘In December we saw many practices making up for ground lost in the previous month. Workload predictions have remained in positive territory, with no nation or region of the UK expecting work to decrease in the near future. However, commentary from practices suggests that fees and profit margins have not fully recovered to pre-recession levels.

’The impact of the referendum outcome on work in progress has so far been limited and there are currently no signs of a skills shortage. However, the longer-term effects of Brexit remain uncertain, with many practices concerned about maintaining mutual recognition of professional architectural qualifications.’

Riba future trend architectural workload ii

Riba future trend architectural workload ii

Source: RIBA Future Trends

RIBA Future Trends: architectural workload

According to the survey of a selected group of practices, architects in none of the UK’s region returned a negative workload balance figure in December 2016. London showed a sharp pick-up in confidence levels with a +15 figure, up from zero the month before – the workload index as a whole also increased from +9 in November.

Practices in Wales, the West and North were the most optimistic about increasing workloads in the medium term, scoring figures of +27 and +25 respectively. In addition, medium-sized practices (11-50 staff) were the most confident, with a figure of +50.

Riba future trends architectural workload

Riba future trends architectural workload

Source: RIBA Future Trends

RIBA Future Trends: architectural workload for each sector

The private housing sector forecast bounced back strongly, increasing to +20 in December, up from +10 in the prvious month, but the public sector forecast fell to -8 from -2 in November. 

Meanwhile, the Future Trends staffing index fell slightly to +1, down from +2 in November. 

Riba future trend staffing levels

Riba future trend staffing levels

Source: RIBA Future Trends

RIBA Future Trends: staffing index

 

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.