The Architectural Billing Index for March 2009 reached 43.7 This is the highest its been since August of 2008 and is up from it’s all time historical low last month. The April numbers (not shown on chart) fell a bit to end at 42.8 indicating that the trend is not completely upward just yet. On [...]
May 21st, 2009 | Posted in Economy | Read More »
Got a job offer last week. For $25,000 less than I made last year. Like many of us, I fully expected a contraction of salaries. With so may unemployed, it’s was easily predictable that employers would take this opportunity to lower salaries a bit. But I have to admit, I was absolutely floored with the [...]
May 2nd, 2009 | Posted in Economy | Read More »
It doesn’t take long (in the profession of architecture) to learn that Architecture is one of the first industries to be hit by a recession. All business – is in business – to make money. And every business wants to make more money than they did last year. So to make more money, they have [...]
April 7th, 2009 | Posted in Economy | Read More »