Economics
Awards: 2005 Institute Honor Award for Architecture
Recipient: Mack Scogin Merrill Elam Architects--David Yocum, Merrill Elam and Mack Scogin (left to right) 
Project: Mountain Tree House; Dillard, Ga.
Photo: Timothy Hursley
 
   
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  Economics
 

The Economics and Market Research group provides AIA members with insights and analysis of the economic factors that shape the business of architecture.

We conduct monthly and periodic surveys to track business conditions and provide our members with useful and timely analysis. We also work with and utilize data from other institutions to compile information that helps explain the market dynamics of the architecture business.

Using our quantitative expertise and deep knowledge of the architecture marketplace, we strive to provide top-notch reports and industry outlooks to help our members better understand their economic environment and how it affects their firm's performance.

On this page you will find links to information about our most popular publications, the Compensation Report and Firm Survey Report, as well as Work-on-the-Boards, our monthly report highlighting results from our survey on business conditions. In addition, you will find current economic indicators, forecasts, and other useful economic information to help you make better business decisions.

Contacts:

Kermit Baker, PhD, Hon. AIA
Chief Economist
202-626-7316

James Chu
Director, Research
202-626-8045

Jennifer Riskus
Research Specialist
202-626-7532

Martin Afelbil
Manager, Market Research & Environmental Scanning
202-626-7368


E-mail: economics@aia.org

  

Economic and Construction Outlook in the Gulf States After Hurricane Katrina


Monthly Economic Indicators

Total Construction Spending
February 2008

$1,121,564*

Total Private Construction Spending
February 2008

$826,645*
Private - Residential
February 2008
$456,923*
Private - Nonresidential
February 2008
$369,722*
Total Public Construction Spending
February 2008
$294,919*
Housing Starts
February 2008
1,065**
Building Permits
February 2008
978**
Overall PPI (SA)
February 2008
173.9***
Materials and Components for Construction
February 2008
195.5***
* million $ SAAR
**Thous. of units SAAR
***1982 = 100