Business Conditions Survey

According to our Annual Business Conditions Survey, Australian businesses in the Architecture, Engineering, and Built Environment Sector have an increased level of uncertainty for the year ahead.

However, there is only a slight reduction in confidence levels from 12 months ago, as our respondents continue to remain optimistic moving forward.

Have we turned a corner and we don’t know where that road is heading? Not according to our respondents (or not yet!)

Key insights from this year’s survey include:

• After years of continuous increasing revenues, there is only a minor tapering in growth expectations for businesses in our industry

• The overwhelming majority of our respondents are still expecting to improve their business performance over the next 3 years

• Two-thirds of our respondents are still expecting to have a skills shortage moving forward