Architecture Services Excerpt: Look beyond the challenges of the current business landscape and you will find opportunities for success, he notes. This is one promise of the 2009 Trends Forecast of Architecture and Design published in the January/February issue of DesignIntelligence.
The annual trends forecast uses an approach that solicits th e opinions of design's most eminent thought leaders as well as the wide-ranging experience of the Design Futures Council's think tank. A number of bright spots are revealed in the analysis.
Source: http://www.di.net/news/archive/2977/
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Excerpt: Reliant on the currently slumping construction sector, architecture projects and jobs slowed in 2008. For licensed professionals trained in the art and science of building design, next year is not looking much better. Back in 2006, architects held about 132,000 jobs and approximately seven out of 10 jobs were in the architectural, engineering and related services industry, according to the Bureau of Labor Statistics (BLS). For architects, who develop the concepts for structures and turn those concepts into images and building plans, the BLS anticipated employment to grow by 18 percent between 2006 and 2016, but also acknowledged that its success is strongly tied to the activity in the construction industry. Given current economic conditions, the construction industry has not been faring well. In turn, those in professional fields of architecture have suffered.
Source: http://news.thomasnet.com/IMT/archives/2008/11/architectural-outlook-grim-for-2008-2009-projects-job-diminish-with-slumping-construction-sector.html
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Excerpt: While many architecture, engineering, and environmental consulting firms' values are undoubtedly falling, most valuation multiples increased over the past year. Based on the just-released 2009 edition of ZweigWhite's annual Valuation Survey of Architecture, Engineering, Planning & Environmental Consulting Firms, the ratio of reported values of firms in relation to their profit, EBITDA (earnings before interest, taxes, depreciation, and amortization) and net service revenue all increased from the prior year.
Source: http://www.healthcaredesignmagazine.com/ME2/dirmod.asp?
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