Building on last month’s increase, the RIBA Future Trends Workload Index increased substantially in July 2013 to +23, up from +17 in June 2013. This is the most positive workload forecast since we began the RIBA Future Trends Survey in January 2009, and represents a welcome continuation of the upward trend we have witnessed since the beginning of 2013.
This increased level of optimism has not yet fed through into a significant overall increase in actual workloads, but when asked about work in progress our practices continue to report steady workloads on a year-on-year basis. Whilst recovery from the recession is slow the market for architects’ services has clearly stabilized, and practices are seeing grounds for much more optimism about future workloads.
Medium-sized practices (11 – 50 staff) are currently most positive about the prospect of an improvement in workloads during the next quarter.
In terms of geographical analysis, all the nations and regions in the UK returned positive workload forecast balance figures this month, with the South of England (balance figure +38) and Scotland (balance figure +38) being the most optimistic.