Gross revenues at architecture firms fell more than 40% from 2008 to 2011, according to the 2012 AIA Firm Survey, from $44 billion in 2008 to $26 billion last year.
Total construction spending, which exceeded $1 trillion in 2008, dropped to under $800 million in 2011.
Read more at: www.aia.org/press/releases/AIAB096004. +
Related Stories
| Nov 11, 2012
Greenbuild 2012 Report: Higher Education
More and more colleges and universities see sustainainably designed buildings as a given
| Nov 6, 2012
Uponor files patent infringement suit against Sioux Chief Manufacturing
Uponor is seeking damages and an injunction to prevent Sioux Chief from selling the PowerPEX F1960 Ring with Stop, which it believes violates Uponor’s patent.
| Nov 5, 2012
Brasfield & Gorrie awarded new steel processing facility for Kloeckner Metals
The construction will take place on a 16-acre greenfield site at ThyssenKrupp Industrial Park in Calvert.
| Oct 22, 2012
Tishman appoints Cettina COO of Americas
Tishman Construction Corp. has promoted Ed Cettina to Chief Operation Officer, Americas, for both Tishman and the overall AECOM construction services practice.
| Oct 11, 2012
Hank Adams Named to Lead HDR’s Healthcare Program
With more than 25 years of experience, HDR vice president is tapped to lead firm's healthcare projects.
| Oct 10, 2012
Foster + Partners to Design New 425 Park Avenue Tower
Conceptual designs submitted by Foster, Hadid, Koolhaas and Rogers to be on exhibit during Municipal Art Society’s Annual Symposium
| Oct 9, 2012
AIA billings index sounds a positive note
The so-called new projects index was at a relatively healthy 57.2, up from 56.3 the previous month.
| Oct 5, 2012
2012 Reconstruction Award Special Recognition: Joplin Interim High School, Joplin, Mo.
At 5:41 p.m. CDT on Sunday, May 22, 2011, an EF5 tornado touched down in Joplin, Mo. In the next 31 minutes, the mile-wide, multiple-vortex tornado, with winds up to 250 mph, destroyed two thousand buildings, including Joplin High and nine other schools.
| Oct 5, 2012
2012 Reconstruction Award Bronze Winner: Pomeroy Senior Apartments, Chicago, Ill.
The entire interior of the building was renovated, from the first floor lobby and common areas, to the rooftop spaces. The number of living units was reduced from 120 to 104 to allow for more space per unit and comply with current accessibility requirements.
| Oct 5, 2012
2012 Reconstruction Award Silver Winner: Residences at the John Marshall, Richmond, Va.
In April 2010, the Building Team of Rule Joy Trammell + Rubio, Stanley D. Lindsey & Associates, Leppard Johnson & Associates, and Choate Interior Construction restored the 16-story, 310,537-sf building into the Residences at the John Marshall, a new mixed-use facility offering apartments, street-level retail, a catering kitchen, and two restored ballrooms.
