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Article: Institutional jobs help architects weather slump
- Article from:
- The Record (Bergen County, NJ)
- Article date:
- September 15, 2009
- Author:
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ANDREW TANGEL, STAFF WRITER
The Record (Bergen County, NJ)
09-15-2009
Institutional jobs help architects weather slump -- School, hospital sectors a bright spot
By ANDREW TANGEL, STAFF WRITER
Date: 09-15-2009, Tuesday
Section: BUSINESS
With construction slowed to a crawl because of the recession, some architects are turning to other sectors less prone to economic swings to boost their fees.
"It's a very brutal economy for architects right now," said Ronald Schmidt, president and chief executive officer of his eponymous Englewood firm. "It's horrific. The architect profession is hurting badly."
Nationwide, architecture firms' profits have slipped since the recession's official start in December ...