According to the American Institute of Architects, 2020 started the year on a strong note as architecture firm billings strengthened slightly in January.
“Despite the continued presence of volatility in the economy, design activity has begun to accelerate in recent months,” said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD.
The article points out that even with the ongoing challenges facing the nonresidential construction sector, this upturn points to at least modest growth- although recent events will likely challenge this through the remainder of the year.
Click here to read the full article: Increasing need for design leading to higher development rates (World Property Journal, Feb. 20, 2020)
