Weathering Economic Uncertainty: What Every Architecture Firm Needs to Know

Over the past 12-18 months, the AIA/Deltek Architectural Billings index – a key indicator of future construction activity, has shown a consistent decline. This trend suggests that architecture firms may face a slowdown over the coming months. The challenges of high interest rates, escalating construction costs, and increasingly cautious clients has resulted in soft billings.

Many architecture firm leaders have not experienced prolonged economic slowdowns, aside from the unique circumstances of the 2020 pandemic. This lack of experience leaves many unprepared for the current economic environment. It’s more important than ever for firms to adopt a proactive and strategic approach to running their business.

Join Brad Wilson and Dean Gratz for an insightful webinar as they share actionable strategies to not only withstand a slowdown but to leverage it as an opportunity for growth and resilience. This session will help you learn how to strategically position your firm to thrive, even in challenging economic conditions. Whether your firm is currently feeling the impact of the slowdown or not, staying informed and prepared is crucial for long-term success.

During this webinar, attendees will:

• Gain insights into the distinct challenges faced by architecture firms compared to engineering firms, and explore whether the traditional AE industry distinction still holds.
• Discover timeless management principles essential during periods of reduced workload.
• Learn how an anticipatory mindset can help your firm navigate the economy of 2024-25.

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