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Architectural Billings Index
This is for Jeff (P-O-P), I mean to paste this in another thread but by the time I found the chart I'd lost the thread, so anyway here it is.
Billings by architectural firms for commercial and industrial projects are plunging. ![]()
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1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211 What? Uh . . . “he” and “him”? |
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Dog-faced pony soldier
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A lot of firms (particularly those over-invested in retail) are hurting. And yes, permitting is down - lots of people being cut.
However, some sectors are doing very very well. I know of three firms local to here that can't hire fast enough right now. . . It's boom-or-bust. If it's "bust" where you are, you gotta' look somewhere else, that's all. . . But yes, I completely agree with you that overall fees are down and harder to come by. Everyone (clients) is tightening the belt and trying to get stingier. Corporate interiors is another very good place to be right now. . .
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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You don't want to see the chart for Michigan.
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1977 911S Targa 2.7L (CIS) Silver/Black 2012 Infiniti G37X Coupe (AWD) 3.7L Black on Black 1989 modified Scat II HP Hovercraft George, Architect |
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unindicted co-conspirator
Join Date: Jul 2007
Location: Fresno, CA
Posts: 1,660
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I've had the best year in my practice so far - what recession?
It just depends what type of projects you are working on. Restaurants are still booming, so is high end residential. I'm also located in a region that's insulated from the more extreme swings of the economy.
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'03 996 - sport exhaust, sport seats, M030 sport suspension, stability control, IMS Solution ‘86 928S3 - barn find project car |
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Dog-faced pony soldier
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I'm sure the #'s for residential are far, far worse. I can't count how many resumes we've received (and round-filed) from people with NOTHING but opportunistic Type V residential work for the last 5+ years. Those guys are getting slaughtered. Guys with solid commercial/industrial credentials are, by comparison, becoming much more valuable. . .
We've actually turned away some work recently because we're too busy right now. Let's hope it stays that way.
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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Residential is (was) half my business. Just another opportunity to do work, turned nothing away.
http://calculatedrisk.blogspot.com/ Quote:
![]() This is interesting................... http://www.american.com/archive/2008/march-april-magazine-contents/lone-star-rising ![]()
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1977 911S Targa 2.7L (CIS) Silver/Black 2012 Infiniti G37X Coupe (AWD) 3.7L Black on Black 1989 modified Scat II HP Hovercraft George, Architect Last edited by kach22i; 07-16-2008 at 09:28 AM.. |
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