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Future Trends April 2016

announces Future Trends survey results for April 2016.

  • Increased revenue from projects outside the UK compared with 2013
  • North of England leads the way in future workload predictions

In April 2016 the Future Trends Workload Index fell marginally to +29 (down from +31 in March). Despite this, workloads in April 2016 were 8% higher than those in April 2015. All Nations and Regions returned positive forecasts, with the North of England remaining strong (balance figure +43). Large practices (51+ staff) stood as the most positive (balance figure +71), followed by small practices (1–10 staff, balance figure +28) and medium-sized practices (11-50 staff, balance figure +24).

The Business Benchmarking survey showed 22 per cent of revenue for chartered practices is generated from projects outside the UK, compared with 16 per cent in 2013. For large practices, the proportion stands at 32 per cent in 2016.

The private housing sector workload forecast saw the biggest increase in April (rising from to +33 from +28 in March). The commercial sector forecast decreased to +11 (down from +18 in March). Meanwhile, the public sector and community sector forecasts changed little.

The Future Trends Staffing Index was unchanged, standing at +10. Responding practices reported that permanent staffing levels were 6% higher than twelve months ago.

Large practices were the most optimistic about recruiting new staff, with a balance figure of +71. Medium-sized practices and small practices were less optimistic, though positive overall (with balance figures of +6 and +24 respectively).

Executive Director Members Adrian Dobson said:

“The private housing sector clearly remains the key driver of growth. Buoyant housing activity is no longer confined to London and the South East but is widespread throughout the country.

“Workload growth has been strong throughout the last year, and this is the twelfth consecutive quarter in which we have seen rising workloads, as the value of work in progress begins to climb back towards pre-recession levels.

“The past year has also seen strong employment growth. However, there is some way to go before employment levels will attain their pre-recession peaks.”

ENDS

Notes to editors:

  1. For further press information contact Callum Reilly in the press office: callum.reilly@riba.org 020 7307 3757
  2. 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.
  3. The Future Trends 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 at: http://www.architecture.com//Professionalsupport/FutureTrendsSurvey.aspx
  4. 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
  5. 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, which for April 2016 was +29
  6. 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, which for April 2016 was +10
  7. The Royal Institute of British Architects () champions better buildings, communities and the environment through architecture and our members. architecture.com Follow @ on Twitter for regular updates

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