Architectural services bolstered by solid housing demand in 2021
In 2021, the combined total operating revenue of the architectural services and landscape architectural services industries increased 15.7% to $6.3 billion, the strongest growth in nearly a decade. Total operating expenses for these industries rose by 14.2% to reach $5.1 billion, leading to an increase in the operating profit margin from 17.7% in 2020 to 18.8% in 2021.
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