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Industry News / Market Forecast
Report: Sea Level Rise Could Force More Than $400 Billion in Seawall Construction
Coastal communities in the lower 48 states will face more than $400 billion in seawall costs due to sea level rise over the next 20 years, according to a new report by the Center for Climate Integrity and Resilient Analytics.
Industry News / Infrastructure Funding
ACEC Congratulates Illinois for Acting on Infrastructure
Earlier today, Illinois Governor J.B. Pritzker signed into law the most significant investment in infrastructure the state has seen in 30 years. Illinois makes 31 states that have raised revenues in recent years to boost spending on transportation projects and other infrastructure needs.
Industry News / Infrastructure Funding
House Approves Funding Bill for Transportation, Water, Military Construction
The House of Representatives passed a bill yesterday to fund U.S. Department of Transportation and the departments of Commerce, Interior, Veterans Affairs, Agriculture, and Housing and Urban Development, as well as environmental programs.
ACEC News / Advocacy
ACEC Endorses Tax Extenders in Comments to Senate Taskforce
ACEC submitted comments this week to a taskforce of the Senate Finance Committee endorsing multi-year extension of the Section 179D energy-efficient commercial buildings tax deduction and the Section 45 production tax credit for renewable resources.
ACEC News / Convention
2019 EEA Gala Red Carpet Interviews Online, Ready for Download
One of the highlights of the 2019 Engineering Awards Gala was the Red Carpet interviews. More than 50 Grand, Honor, and National Recognition Award winners stepped onto the red carpet to talk about their projects and the night’s festivities with D.C. TV Personality Michelle Wardlaw.
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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)
Engineering Career Opportunities
