The Royal Institute of British Architects () has published the latest Future Trends survey results, a monthly report of the business and employment trends affecting the architects’ profession.
In February 2022 the overall Future Trends Workload Index grew by five points to +23, and all sectors, practice sizes and regions demonstrated a positive outlook.
Looking ahead to the coming three months, 32% of practices expect workloads to increase, 58% expect them to stay the same and only 10% expect them to decrease.
For the first time since the pandemic began, all sectors were positive. The private housing sector climbed three points to +23, the commercial sector rose to +10 and both the public sector and community sector increased slightly to +1.
Practices of all sizes remained confident about future workloads. Small practices (1 - 10 staff) returned a positive balance figure of +18 and large and medium-sized practices (11 - 50 and 51+ staff) remained firmly positive at +48. In summary, most mid-to-large sized practices (56%) expect workloads to grow.
London also saw a confidence boom, climbing from +16 to +40 – its highest balance in two years. The North of England (+31); Wales & the West (+22); South of England (+14); and Midlands & East Anglia (+3) also all remained in positive territory.
In terms of staffing:
- The Future Trends Permanent Staffing Index increased by two points to +11.
- 15% of practices said they expect to employ more permanent staff over the coming three months, 80% expect levels to stay the same and only 4% expect to employ fewer.
- All practice sizes said they remain positive about staffing levels, although staff recruitment remains highest among medium and large-sized practices (11+ staff).
- Appetite to recruit remains strongest in London. With an overall balance figure of +18, 26% of practices in the capital said they expect to employ more permanent staff in the coming three months.
Head of Economic Research and Analysis, Adrian Malleson, said:
“February saw an encouraging rise in optimism across all sectors and regions, especially in the capital, where practice revenue and workload has been hit particularly hard by the pandemic.
It’s important to note however, that this data was collected before the Russian invasion of Ukraine, and the picture of economic stability might be short lived. The conflict is likely to compound existing supply and inflation issues, and rapidly increase energy prices which, once again, demonstrates the urgent need for the UK to implement an effective, well-funded and designer-led retrofit programme.
We will continue to report these findings to the Government and work with other built environment bodies to monitor ongoing trends. As ever, we are on hand to provide the support and resources our members need.”
ENDS
Notes to editors:
- Media contact: Emily.Stallard@riba.org
- Completed by a mix of small, medium and large firms based on a geographically representative sample, the Future Trends Survey was launched in January 2009 to monitor business and employment trends affecting the architects’ profession.
- 207 practices took part in the February 2022 survey.
- The survey is carried out by the in partnership with the Fees Bureau. Results of the survey, including a full graphical analysis, are published each month here.
- The definition for the workload balance figure is the difference between those expecting more work and those expecting less. A negative figure means more respondents expect less work than those expecting more work. This figure is used to represent the Future Trends workload index.
- The definition for the staffing balance figure is the difference between those expecting to employ more permanent staff in the next three months and those expecting to employ fewer. A negative figure means more respondents expect to employ fewer permanent staff. This figure is used to represent the Future Trends staffing index.
- To participate in the Future Trends Survey, please contact the Practice Department on 020 7307 3749 or email practice@riba.org. The survey takes approximately five minutes to complete each month, and all returns are independently processed in strict confidence.
- The Royal Institute of British Architects () is a global professional membership body that serves its members and society in order to deliver better buildings and places, stronger communities and a sustainable environment. Follow for regular updates.