M4D Spring Release 2019

Page 6

Business Conditions Survey 2019 Each year Management for Design conducts our Business Conditions Survey. The aim is to accurately assess the prevailing economic and business climate and to drive thinking and decision making to assist businesses to work through the current circumstances and deliver sustainable growth.

So, what’s happened to confidence in the economy and business conditions compared to the same time 12 months ago? We asked over 700 business leaders, directors, and executives from the architecture, engineering, consulting, and design industries. The results indicate a noticeable reduction in confidence levels from 12 months ago. Accompanying this is an increased level of uncertainty (and pessimism?) as our respondents are faced with uncertain economic and industry conditions! Only 10% of our respondents are very optimistic about their business performance over the next 12 months (compared with 33% this time last year). This is a level of uncertainty not seen over the past 10 years of conducting the survey. The Business Conditions Survey aims to accurately assess the prevailing economic and business climate and to drive thinking and decision making to assist businesses to work through the current circumstances and deliver sustainable growth.


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