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  • Economic Update: 2023 (Q4)

Economic Update: 2023 (Q4)

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1.00 LU
4.84
Course expires on: 12/01/2024
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Description

Join AIA Chief Economist Kermit Baker, Hon. AIA, and AIA President Emily Grandstaff-Rice, FAIA, for the quarterly discussion of the industry's latest economic data and what firms are reporting. The discussion will focus on recent developments in AIA’s Architecture Billings Index (ABI), key trends in our economy, and strategic issues that architecture firms are dealing with, such as developing and maintaining a workforce. 

Course expires 11/30/2024

Learning Objectives

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Have an enhanced understanding of current rapidly-changing economic conditions, and what they mean for architectural practice. 

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Develop a better understanding of forces shaping our economy. 

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Discuss what the ABI can tell architecture firms about business conditions over the coming year and make decisions. 

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Examine strategic issues impacting the architectural and construction industry specifically.  

This session was recorded live on October 19, 2023.

 


This free course is brought to you through a partnership with Oldcastle BuildingEnvelope. By registering for this course, you grant AIAU permission to share your name and email address with Oldcastle BuildingEnvelope.

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Instructors
Kermit Baker
Ph.D., Hon. AIA

Kermit Baker, PhD, Hon. AIA is a Senior Research Fellow at Harvard University's Joint Center for Housing Studies, and is the Project Director of the Remodeling Futures Program. This research effort, which began in 1995, is the first comprehensive analysis of U.S. remodeling activity ever undertaken by the Joint Center. Its goal is to develop an improved understanding of the dynamics of the U.S. repair and renovation industry so that businesses can better take advantage of the opportunities that this market offers. Baker is also the Chief Economist for the American Institute of Architects in Washington, D.C. In this capacity he analyzes business and construction trends for the U.S. economy, and examines their impact on AIA members and the architectural profession.

Prior to joining the Joint Center, Baker was vice-president and director of the economics department at Reed Business Information where he was responsible for industry forecasting. During his ten years at Reed he developed the Top U.S. Construction Market Report, and served as editor of the Reed Business Information's Construction Market Forecast newsletter.

Baker received his master's degree in urban planning from Harvard University, and holds a Ph.D. from Massachusetts Institute of Technology in the same field.

Emily  Grandstaff-Rice FAIA
2023 President | The American Institute of Architects

Emily Grandstaff-Rice has experience on a broad range of academic, hospitality, institutional, and commercial projects. Her innovative design work reinforces that a building is more than its shell—it is an experience. She has demonstrated continued and significant service to AIA, including serving as a board member; leading the national equity, diversity, and inclusion conversation as chair of the Equity in Architecture Commission and Equity and the Future of Architecture Committee; and serving as the 2014 president of the Boston Society of Architects/AIA. Throughout her career, Emily has advocated for design excellence through human-centered design, sustainability, and engaging diverse voices.