In 1973, several important business trends emerged that had a significant impact on various industries and the global economy. Here are some of the key trends from that year:

The oil embargo of 1973 led to a sharp increase in oil prices, prompting a renewed focus on energy conservation and sustainable design. Architects and engineers began incorporating energy-efficient features into buildings, such as better insulation, passive solar design, and the use of renewable energy sources.

The 1970s marked a period of economic stagnation coupled with high inflation, commonly referred to as "stagflation." This challenging economic environment created difficulties for businesses as they faced rising costs, declining productivity, and sluggish growth.

The 1970s witnessed a boom in the construction of skyscrapers, particularly in the United States. Iconic structures such as the World Trade Center in New York City and the Sears Tower (now Willis Tower) in Chicago were completed during this period.

Growing environmental awareness in the 1970s led to the development of sustainable design principles. Organizations like the U.S. Environmental Protection Agency (EPA) were established, promoting green building practices and setting standards for energy efficiency and environmental impact.