Recession

Bounce Back in 2010 – Really?

Some pundits and experts are showing signs of consumer optimism and projecting that consumer spending will ‘bounce back’ later in 2010. Link to recent article here. My feeling is that consumers will start to feel satisfied with saving some money, and doing with less. And once they reach that point, they will start to think […]

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Look at Downturn as Time to Improve Business

by Geoffrey Butler, AIA

It’s no secret that we are in a recession unlike any faced by today’s leaders. I have been in the architecture profession for 40 years, leading a firm for 31 years.   I have never seen this type of business environment, which leaves many shops asking what we’re to do when the work slows.  The […]

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It’s a Whole New World Out There

by Geoffrey Butler, AIA

This is a whole new world from what we knew just 12 months ago. What worked then just won’t work now. It is not just in our profession and business; it has also changed all of our client’s business models – big time. The source of funding, availability of funding, security and equity required, and […]

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The State of Construction In These Days and Times

It could be said that we’re in a “Slowdown” or a “Recession,” or maybe even a “Depression.”Whatever it is, it’s nothing like anything that any of us have seen before. Or is it? The previous recessions (the ones that most of us have been around for anyway) have taken different forms and have had different […]

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Be Very Cautious & Use Your Architect!

by Geoffrey Butler, AIA

We have all become aware that with the downturn in the economy, the cost of construction is going down. In some instances we have seen 30 percent drops in the cost of projects. The reasons behind the drop are many fold. There are less projects out there which provides for a more competitive bidding environment. […]

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Restless Focus

It was clear to me when listening to our new President speak yesterday that many companies in the AEC industry are simply a micro version of what’s happening at the national and global level. As such, much of what President Obama said in his inaugural address resonated with me, and I could see how it […]

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