In the three-year period leading up to the current recession, gross billings at U.S. architecture firms increased nearly $16 billion from 2005 and totaled $44.3 billion in 2008. This equates to 54% growth over the three-year period with annual growth of about 16%.
These findings are from the American Institute of Architects (AIA) Business of Architecture: AIA Survey Report on Firm Characteristics, which is conducted every three years to examine issues related to the business practices of AIA member-owned architecture firms. The study also revealed sizeable gains in the number of firms doing green design projects.
Top 10 sectors served by architects in 2008:
Healthcare: 18.2%
Office space: 11.3%
Education (K-12): 9.0%
Education (college/university): 9.0%
Retail, food services: 8.4%
Government / civic: 5.9%
Hospitality: 4.8%
Industrial: 3.6%
Transportation: 2.9%
Recreational: 2.3%
One-half (50%) of architecture firms report green design practices, up from 31% of firms in 2005.
Click here for more in-depth analysis of the report.
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