Washington, D.C. – October 13, 2014 – (RealEstateRama) — As the U.S. construction industry continues to rebound from the downturn in the past economic cycle, The Business of Architecture: 2014 AIA Firm Survey Report shows that design activity at architecture firms has recovered to pre-recession levels. Most firms have seen revenue levels at least stabilize, if not finally begin to grow with gross billings at architecture firms increasing by 20 percent from 2011. The full survey is available for purchase here: http://www.aia.org/FirmSurvey
Key findings include:
• With losses during the economic downturn, architecture firms have become smaller and younger with 43 percent having been founded since the year 2000, with one-third of those firms founded just since 2010.
• Renovations of existing facilities account for a larger share of design activity than during the last construction boom.
• Nearly two-thirds of large firms worked on international projects in 2013.
• Over a third of architecture firms nationally—and virtually all larger firms—were using some form of BIM for billable projects.
• 12 percent of firms are using energy modeling software for billable projects.
• 21 percent of firms have worked on one or more projects that incorporate resilient design strategies.
• Even with most of the institutional building category remaining in recession in 2013, this sector generated half of the billings at architecture firms.
• Within the institutional category, education facilities accounted for 21 percent of overall billings.
About The American Institute of Architects
Founded in 1857, members of the American Institute of Architects consistently work to create more valuable, healthy, secure, and sustainable buildings, neighborhoods, and communities. Through nearly 300 state and local chapters, the AIA advocates for public policies that promote economic vitality and public well being. Members adhere to a code of ethics and conduct to ensure the highest professional standards. The AIA provides members with tools and resources to assist them in their careers and business as well as engaging civic and government leaders, and the public to find solutions to pressing issues facing our communities, institutions, nation and world. Visit www.aia.org