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Tag: overseas work

Architects and engineering firms have enjoyed a growth spurt since the spring

Architects and engineering firms have enjoyed a growth spurt since the spring

Architectural and engineering firms are currently going through a growth spurt according to the latest data on services turnover. The turnover and orders in production and services industry (TOPSI) data released by ONS  late last week showed that the turnover in the three months to July for architectural and engineering firms was 13.8% higher than in the same period a year earlier. This turnover is in cash terms and, because there will be cross trading, this is not a measure…

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What is the optimism in the latest RICS construction survey telling us?

What is the optimism in the latest RICS construction survey telling us?

The latest survey of the construction market by the surveyors’ body RICS provides on first reading some confusion, showing optimism rising sharply while workloads fall. The survey has produced a mildly negative balance for surveyors’ workloads. Yet it also showed expectations of improvement in workload, employment and profit at levels not seen since the recession. Curious. What lies behind this surge in optimism among surveyors? Are we seeing green shoots?