The Royal Institute of British Architects (RIBA) has released the results of their Future Trends Survey for April 2016. The report shows continued growth in employment and workload predictions, as the industry edges closer to pre-recession levels. Notably, it shows a rise in revenue for projects outside of the UK, with this figure jumping for large practices.
The Royal Institute of British Architects’ (RIBA) Future Trends Survey for March 2016 has reported signs of stability after recent downward trends, with the balance figure rising from +21 in February up to +31 in March.
“All nations and regions returned positive workload forecasts, with practices in the North of England being the most optimistic. Large practices (51+ staff) remain the most positive. Medium-sized practices (11–50 staff, balance figure +48) saw a boost in confidence levels, while small practices (1–10 staff, balance figure +28) were upbeat, however to a lesser degree," states the report.