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Daily Real Estate News | February 13, 2008
Landscape Architects Thrive
Business remains good for the majority of landscape architects, despite a slowdown in the housing market, according to a survey by the American Society of Landscape Architects.
More than 2 out of 10 firms report steady or increased work and 4 in 10 firms plan to hire in the upcoming quarter.
Fifty-nine percent of respondents described their billable hours as "well above average" (6 percent), "slightly above average" (25 percent), or "average" (27 percent). Thirty percent said their hours were "slightly below average," and 10 percent said "well below average."
Firms all over the country had positive outlooks. One small Midwestern firm said its outlook for billable hours is "improving significantly," while a midsized northeastern firm said it has "just started receiving much larger commissions.”
A midsized southeastern firm said: "Given the state of the economy, we have been surprised about the seeming strong amount of inquiries."
Source: American Society of Landscape Architects (02/11/08)
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