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Categories
ACEC Releases Fall 2022 Private Industry Brief – Commercial & Residential Real Estate
Design and construction spending for single-family and multifamily residential markets in the U.S. is projected to reach a combined $602 billion, up 38% year-over-year, according to FMI. The residential markets is expected to drive construction spending through 2022 and the overall industry outlook remains positive for H2 2022.
ACEC Welcomes ACEC Colorado to Washington, DC
ACEC National welcomed a delegation from our friends at ACEC Colorado this week at our townhouse on Capitol Hill.
SEI in Washington, DC
This week, the 28th Cohort of ACEC’s Senior Executives Institute (SEI) met in Washington, D.C.
Quarterly A/E Revenues Reach $110 Billion in Q2 2022
Total A/E revenues reached a new all-time high in Q2 2022 at nearly $110 billion, as reported by the U.S. Census Bureau on September 8, 2022. If you follow our regular updates, you may recall that A/E revenues just reached an all-time high of $104 billion in Q1 2022. This is the 8th straight quarter of consecutive growth after dipping in Q2 2020 due to the pandemic induced recession. Engineering services led the A/E firm revenue growth with a 7.3% increase from Q1 to Q2 2022 and architecture services increased by 1.3% from Q1 to Q2 2022.
ACEC at FIDIC; Manish Kothari Elected to FIDIC's Board
ACEC participated in another successful FIDIC Global Infrastructure Conference which just wrapped up in Geneva, Switzerland.
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Brown and Caldwell announce Euan Finlay has been promoted from senior vice president to chief operating officer (COO), effective immediately. A senior executive with 25 years of experience, Finlay excels in leading organizations and teams to deliver excellence to clients while driving sustainable growth.
VHB welcomes Meghan Powell as Director of Transit and Rail for the Mid-Atlantic region. In this role, Powell will carve a path forward for VHB's Transit and Rail service line by strategically leading the development and implementation of its growth strategy.
Brown and Caldwell today announced Vice President Dr. Kati Bell has been appointed a fellow of the UC Irvine Water-Energy Nexus Center (WEX Center).
The WEX Center promotes fundamental and applied research at the water-energy nexus in partnership with industry. Its research focuses on all dimensions of power/energy use and efficiency in the water processing sector, including extraction, treatment, conveyance, reclamation, and reuse.
Indicators
Engineering Employment
1,603,500 (February)
1,599,100 (January)
Construction Spending
$1,677,200,000 (January)
$1,655,800,000 (December)
Dodge Momentum Index
158.2 (February)
151.7 (January))
Morrissey Goodale U.S. M&A Index
425 Deals—Up 33 percent year-over-year
AIA Billings Index
51.0 (January)
51.0 (December)
Engineering Career Opportunities
