Categories
Categories
ACEC News / Education
Nine Steps to Recession-Proof Your Firm--Online Class, October 8
What you do now, while the market is hot, will determine whether the growth your firm has experienced will sustain when things get bad.
ACEC News / Advocacy
ACEC and Business Coalition Call on Congress to Pass Transportation Reauthorization
As a member of the Infrastructure Working Group (IWG), ACEC has signed onto a letter urging Senate Majority Leader McConnell and Minority Leader Schumer to pass a long-term, robustly-funded surface transportation reauthorization bill ahead of the September 30, 2020 expiration of the FAST Act.
Industry News / Market Forecast
AIA Architecture Billings Index Suggests Weakest Design Market in Recent Years
The AIA Architecture Billings Index dropped to 47.2 in August, down from 50.1 in July. Any score below 50 indicates a decrease in billings.
Industry News / Industry Statistics
Construction Spending Holds the Line in August
Total construction spending was essentially flat in August, with the seasonally adjusted annual rate of $1,287.3 billion coming in 0.1 percent above the revised July estimate of $1,285.6 billion.
ACEC News / Member Organizations
ACEC/Indiana Leaders Discuss Transportation with Representative Andre Carson
U.S. Representative Andre Carson (D-IN), a member of the House Committee on Transportation and Infrastructure, met with ACEC/Indiana leadership this week to discuss transportation infrastructure funding. Pictured left to right: Scott Hornsby, GAI Consultants; Drew Bender, VS Engineering; Rick Olson, Earth Exploration/ A Terracon Company; Shelby Swango, WSP; Congressman Carson; Beth Bauer, ACEC/Indiana; Jon Stolz, Christopher B. Burke Engineering; Shelby Dunn, ACEC/Indiana; Bill Hall, United Consulting; and Hans Peterson, Clark Dietz.
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Langan Engineering & Environmental Services announced the acquisition of Adams Consulting Engineers, Inc. headquartered in Dallas with additional offices in Austin and Tyler, Texas. The acquisition, only the second in Langan’s 50-year history, helps accelerate the firm’s growth in Texas, where Langan has operated since 2015 in Houston. With this move, Langan now has more than 1,300 employees across 36 offices.
The recently finalized partnership of Confluence Networks, LLC and MasTec, Inc. has selected WSP USA to assist in completing its Confluence-1 fiberoptic cable system.
Burns & McDonnell has promoted Leon Harden as the firm’s first diversity, equity and inclusion (DEI) strategy manager. After three years working in recruitment at Burns & McDonnell, in his new role Harden will work closely with executive leaders and business diversity teams globally to provide strategic guidance for creating and integrating DEI initiatives and programs into all aspects of the 100% employee-owned engineering, construction and architecture firm.
Indicators
Engineering Employment
1,539,400 (March)
1,532,000 (February)
Construction Spending
$1,516,900,000 (February)
$1,529,000,000 (January)
Dodge Momentum Index
151.4 (March)
148.8 (February)
Morrissey Goodale U.S. M&A Index
313 Deals--Down 2 percent year-over-year
AIA Billings Index
53.3 (February)
44.9 (January)