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 [1]. +
Total construction spending, which exceeded $1 trillion in 2008, dropped to under $800 million in 2011.
Total construction spending, which exceeded $1 trillion in 2008, dropped to under $800 million in 2011.
Links:
[1] http://www.aia.org/press/releases/AIAB096004
[2] http://www.bdcnetwork.com/issue/2012/10/october-2012
[3] http://www.bdcnetwork.com/sites/default/files/image_21.jpg
