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Industry News / Industry Statistics
Road Travel Set Mileage Record In 2018
Total U.S. vehicle miles traveled (VMT) reached a record-setting 3.225 trillion in 2018--an increase of 12.2 billion miles compared to 2017--according to the Federal Highway Administration. For the fifth year in a row, VMT topped 3 trillion.
Industry News / Industry Statistics
Coal and Renewables at "Crossover Point," According to Report
Almost three-quarters of U.S. coal production is now more expensive than solar and wind energy, according to a new report by Energy Innovation.
Industry News / Industry Statistics
Construction Backlog Indicator Drops in January 2019
The Associated Builders and Contractors (ABC) Construction Backlog Indicator shrank to 8.1 months in January, a 9.3 percent decline from the 8.9 month reading in the fourth quarter of 2018.
ACEC News / Member Organizations
ACEC/VA & ACEC/Metro Washington Score QBS Victory With Minuteman Fund Support
Earlier this week, Virginia Governor Ralph Northam signed a new law to close a loophole in the state's Public Procurement Act that allowed local governments to exempt themselves from QBS and adopt their own tailored procurement acts allowing price into the selection methodology.
ACEC News
Take Part in ACEC’s Professional Liability Insurance Survey of Member Firms
The 2019 ACEC Professional Liability Insurance Survey of Member Firms for Fiscal Year 2018 will be conducted from Monday, March 25, through COB Friday, April 12.
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Thornton Tomasetti announced the launch of T2D2, a software as a service (SaaS) platform that uses artificial intelligence (AI) – computer vision powered by deep learning – to identify and assess damage and deterioration to building envelopes and structures through images.
Jacobs Engineering Group Inc. today announced its financial results for the fiscal fourth quarter and fiscal year ended October 2, 2020.
Tetra Tech, Inc. announced today that the Federal Emergency Management Agency (FEMA) awarded a Tetra Tech-led joint venture a five-year, single-award contract, valued up to $50 million, to increase resilience and reduce the costs of recovery efforts in disaster-stricken communities.
Indicators
Engineering Employment
1,504,100 (October)
1,500,100 (September)
Construction Spending
$1,414,000,000 (September)
$1,410,400,000 (August)
Dodge Momentum Index
127.5 (October)
129.8 (September)
Morrissey Goodale U.S. M&A Index
299 Deals--Down 2 percent year-over-year
AIA Billings Index
47.5 (October)
47.0 (September)
Engineering Career Opportunities
