Dezeenwire: Spanish architects are still suffering most in Europe as a result of the economic crisis according to a report by Rotterdam research agency Arch-Vision. See below.
Spanish architects still suffer most from the economic crisis and signs of recovery are not visible yet. On the contrary, both backlog and turnover expectations are decreasing. This is all in line with the financial economic position of this country. This is shown by results from the European Architectural Barometer, an international market study indicating trends for the Spanish and five other important European construction industries.
About 93 per cent of all Spanish architects confirmed that the economic crisis has the highest negative effect on residential new build and see a lack of assignments as the biggest threat this year. It is interesting to see that despite this only 4 per cent of the Spanish architects expect an empty backlog by the end of the year. For half the architects an impulse from the government is the biggest opportunity this year.
These and many other results are published in the European Architectural Barometer, an international research among 1200 European architects. Four times a year, this study is conducted by Arch-Vision in the United Kingdom, Germany, France, Spain, Italy and the Netherlands. The research covers the developments of architectural turnovers and order volumes, and the expected development of orders at hand during the coming 12 months. Besides these index figures, a specific theme is highlighted each quarter.