“Since last year’s Best Careers package was published, America has elected a president and Congress with a new agenda; we’ve begun what experts believe to be a long-term downturn in the economy; and there’s been an accelerated worldwide focus on the green economy. We made sure to incorporate these major changes into the process for selecting the Best Careers 2009.”
read more @ the [SOURCE: Best Careers 2009: Landscape Architect - US News and World Report.]
American Institute of Architects(AIA) reported today that “Business conditions at architecture firms continue to deteriorate, with the Architecture Billings Index (ABI) posting its lowest level since the survey began in 1995 for the second month in a row. As a leading economic indicator of construction activity, the ABI shows an approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the November ABI rating was 34.7, down from the 36.2 mark in October (any score above 50 indicates an increase in billings). The inquiries for new projects score was 38.3, also a historic low point.
“With mounting job losses, declines in retail sales, and travel cut-backs the need for new commercial facilities has dropped considerably recently,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA. “What’s just as troubling is that the institutional sector –schools, hospitals and public buildings — is also beginning to react to tighter credit conditions and a weakening economy.”
Key November ABI highlights:
• Regional averages: Northeast (39.5), South (36.8), West (33.5), Midwest (31.4),
• Sector index breakdown: mixed practice (44.5), institutional (40.8), multi-family residential (30.0), commercial / industrial (26.7)
• Project inquiries index: 38.3”
[SOURCE: AIA – Architecture Billings Index Drops to All Time Low for Second Straight Month].
Arabian Business reports
“Disputes between contractors and developers over unpaid contracts in the UAE are close to “breaking point” as liquidity dries up in the real estate market, according to a construction lawyer in the country.”
read the full article @ the SOURCE ArabianBusiness.com – ‘Significant’ rise seen in UAE contract disputes
Adele Weder of thetyee.ca writes a op-ed piece about Vancouver 2010’s architecture and landscape architecture in Uncool: Vancouver’s Olympic Architecture
read the full article @ the [SOURCE: thetyee.ca Uncool: Vancouver's Olympic Architecture]