Happy New Year and welcome to 2024. We are, no doubt, in a period of uncertainty but I wish you all the best in the new year.
Let’s go!
-Michael
November Billings Continue Fall, but at Slower Pace
November billings fell again with an index value of 45.3. This is a slower rate of decline than September and October. There was some good news in that inquiries about new projects jumped back into positive territory.
The commentary this month discusses potential interest rate reductions that could spur new projects and optimism among firm owners heading into 2024.
An aside, it appears that the AIA updated their website design.
November: 45.3, October: 44.3, September: 44.8, August: 48.1, July: 50.0, June: 50.1
ABI November 2023: Business conditions remain soft at architecture firms
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ENR Expects an Uncertain 2024
Engineering News Record thinks 2024 will be full of surprises, not just with the economy, but with sustainability and technology as well. The article title is a bit hyperbolic…they seem to think we are in for more of the same as we saw in 2023.
Expect 2024 to Be An Industry Thrill Ride
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Remembering Those We Lost in 2023
The New Year is a time to reflect on the great people that we lost over the past year. I usually don’t make note of the deaths of significant AEC personalities but it is nice to see who Architectural Record is remembering.
Tribute: Remembering Those We Lost in 2023
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Architizer’s New Year Resolutions
Architizer put together a list of resolutions for architects and designers to adopt in 2024. It isn’t a bad list, but most are typical. I was drawn to “rein it it” and “banish the beige.”
New Year, New You? 8 Inspirational Resolutions for Architects in 2024
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Conference of Parties #28
Architectural Record covers the twenty-eighth UN climate talks from early December. As we all know, buildings are a huge user of carbon and energy so they remain a major source of concern.
After COP28, Architects Signal Progress in Scaling Back the Carbon Footprint of Buildings
