We've looked a lot at how the economy impacted corporate occupiers on the demand side, and how their reaction to recession, and now to sluggish growth, in turn affected the supply side.
The architectural sector was among the hardest hit on the supply side; maybe worse than brokers, owners, investors and developers, and that's saying something. The point is, everyone got hit by the double whammy of the financial markets collapsing and the corporate spending freeze that came with the crisis.
Are things improving in a general sense for the architectural industry/profession now? I asked David Mourning, AIA, FIIDA, a good friend and industry strategist who leads the global architectural and design firm IA Interior Architects.