2014 Outlook Brightens, Says Landscape Architects Survey
The outlook remains positive for landscape architecture firms, according to the American Society of Landscape Architects’ second quarter 2014 “Business Quarterly” survey. The survey revealed a marked rise in billable hours and inquiries for new work. Hiring plans rose slightly from the last quarter.
More than 84% of respondents reported stable to significantly higher inquiries for new work, an increase from 80.2% last quarter. In addition, 82.42% indicated stable to significantly higher billable hours, compared to 72.2% last quarter. Year to year, 85.17% noted stable to significantly higher second-quarter inquiries for new work, higher than the second quarter of 2013 (83.4%). Additionally, 81.32% indicated second-quarter billable hours remained about the same or were higher, a jump from the second quarter of 2013 (76%).