Category Archives: recession
US home sales unexpectedly drop 1.6%
The pace of purchased new homes fell to a 313,000 annual pace, the slowest since October. Though an analyst says there are signs of life in some regions, “we’re not seeing a broad-based recovery.” (Bloomberg) – Purchases of new homes … Continue reading
Silverstein to call a halt at 3 WTC
Unable to line up tenants, developer to cap his second Trade Center tower at seventh floor. Developer Larry Silverstein is planning to halt construction by the end of the year on the second of the two towers he is currently … Continue reading
Update: Javits’ end promises new dawn for Manhattan’s West Side
Redeveloping the six-block-long property overlooking the Hudson will give a huge boost to efforts by the government and a growing number of developers to recreate the long-desolate far West Side of Manhattan. Even Richard Kahan thinks it’s time to demolish … Continue reading
Full-Time Employment Barely Up Since Recession Ended
Did you know that seasonally adjusted full-time employment in September 2011 was lower than it was when the recession officially ended in June 2009, and that this was the case for 26 of the first 27 post-recession months? What’s more, … Continue reading
Filed under Hiring trends, jobs, recession, unemployed architects
U.S. architecture billings index up in October
October ABI up 2.5 pts to 49.4 * New projects index up 3 pts to 57.3 * AIA says demand for architects’ services volatile * New projects index up 3 pts to 57.3 * AIA says demand for architects’ services … Continue reading
CONTOURS: What Should Architecture Occupy?
Of course, we know why architects are quiet on these fundamental issues of wealth and inequality. On the one hand they are just too busy trying to run their businesses and chase after ever fewer projects for less and less … Continue reading
Filed under architects, architecture, Hiring trends, jobs, recession, unemployed architects
After Upturn, Architecture Billings Fall Again
Recession’s toll likely to keep many from returning to the profession, says AIA’s Work-on-the-Boards panel By Kermit Baker, Hon. AIA AIA Chief Economist After an encouraging uptick in August, the AIA’s Architecture Billings Index (ABI) retreated again in September, falling … Continue reading
Filed under aia, architects, architecture, architecture jobs, Hiring trends, jobs, recession
