A new report today from the American Institute of Architects (AIA) reveals the immediate impact of the COVID-19 pandemic on architecture firms in the U.S.
A recent AIA survey found that 50% of architecture firms reported fewer new design projects for March—as of the March 23 survey date—as compared to their expectations entering the month. In terms of work on active projects, the overwhelming majority of architecture firms (83%) are anticipating a decline in revenue for March relative to their expectations heading into the month, with over a third of firms estimating that their revenue will be at least 10% below expectations. This situation is anticipated to worsen in April, with 94% of firms expecting revenue declines, and over half of firms (57%) anticipating that the revenue falloff will exceed 10%.
“Like most other businesses, U.S. architecture firms are heading into uncharted waters regarding what the economy holds in store for them as the COVID-19 pandemic plays out globally.,” said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD. “Different businesses are feeling the impact of the slowdown differently.”
Beyond billing activity, just under half of firms (48%) indicated that all, or almost all, of their staff are now working remotely, while 31% reported that some of their staff are working remotely. Few firms reported a major impact to their staff due to family/personal reasons, but 15% of firms said that at least some of their staff are currently unable to work at all.
Visit AIA’s website to access the full report.
Related Stories
Coronavirus | Apr 16, 2020
COVID-19: Pennsylvania building products supplier raises $1.2 million for Pittsburgh-area food bank
Pennsylvania building products supplier raises $1.2 million for Pittsburgh-area food bank.
Coronavirus | Apr 15, 2020
How has your work been impacted by COVID-19?
The SMPS Foundation and Building Design+Construction are studying the impact of the coronavirus pandemic on the ability to attain and retain clients and conduct projects, along with other consequences.
Coronavirus | Apr 15, 2020
COVID-19 alert: 93% of renters in professionally managed multifamily housing paid some or all of their rent, says NMHC
In its second survey of 11.5 million units of professionally managed apartment units across the country, the National Multifamily Housing Council (NMHC) found that 84% of apartment households made a full or partial rent payment by April 12, up 15 percentage points from April 5.
Coronavirus | Apr 15, 2020
DCAMM teams with SLAM and Gilbane Building Company to re-occupy Newton Pavilion for temporary quarantine of homeless during COVID-19 pandemic
First and only quarantine shelter in Boston-area to convert a shuttered hospital for homeless patient occupancy.
Coronavirus | Apr 15, 2020
3D printing finds its groove fabricating face shields during COVID-19 crisis
The architecture firm Krueck + Sexton is producing 100 shields for a Chicago-area hospital.
Coronavirus | Apr 14, 2020
COVID-19 alert: Missouri’s first Alternate Care Facility ready for coronavirus patients
Missouri’s first Alternate Care Facility ready for coronavirus patients
Coronavirus | Apr 13, 2020
COVID-19 alert: City conducts a 'virtual building inspection' to allow Starbucks and bank to open
Bothell, Wash., issues a certificate of occupancy to developer after inspecting the property online.
Coronavirus | Apr 13, 2020
Construction layoffs spread rapidly as coronavirus shuts down projects, in contrast to job gains through February in most metros
Association officials urge quick enactment of infrastructure investment, relief for hard-hit firms and pensions in order to save jobs in construction and supplier industries.
Coronavirus | Apr 12, 2020
How prefab can enable the design and construction industry to bring much needed beds to hospitals, faster
The outbreak of COVID-19 represents an unprecedented test for the global healthcare system. Managing the pandemic—and saving lives—depends largely on the availability of medical supplies, including the capacity of hospitals. But the United States lags behind other nations, with only 2.8 beds per thousand people compared to 4.3 in China and 12.8 in South Korea.
Coronavirus | Apr 10, 2020
HGA and The Boldt Company devise a prefabricated temporary hospital to manage surge capacity during a viral crisis
A STAAT Mod system can be ready to receive patients in less than a month.
