Around the Industry - September 21, 2012

AIA says member firms' revenues have dropped 40% since 2008

A recent survey by the American Institute of Architects (AIA), Washington, D.C., says since the beginning of the recession in early 2008, architecture firms have collectively seen their revenue drop by 40 percent and have had to cut personnel by nearly a third. Despite a national recovery from the recession in 2009, construction activity continued to spiral downward, according to the recent 2012 AIA Firm Survey, now avai

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