Categories
Categories
Advocacy / Infrastructure Funding
ACEC, Transportation Allies Call for Repeal of $7.6 Billion FAST Act Rescission
ACEC and 30 coalition partners sent a letter last week to Congressional leaders urging them to repeal the $7.6 billion rescission in Federal-aid highway contract authority scheduled to take place in July 2020.
ACEC News
Deadline to Submit Your Firm's Innovative Residential Projects Extended to May 28
The September/October 2019 issue of Engineering Inc. will spotlight Member Firm’s residential housing projects.
Industry News / Industry Statistics
Construction Costs Rise for 31st Straight Month
U.S. Construction Costs increased in May for the 31st consecutive month, according to the IHS Markit PEG Engineering and Construction Cost Index.
Industry News / Market Forecast
Architectural Billings Index Climbs Back into Positive Territory
The American Institute of Architects (AIA) Architectural Billings Index rose in April to 50.5, up from 47.8 in March. Any score above 50 indicates an increase in billings.
Advocacy / Infrastructure
ACEC President/CEO Linda Bauer Darr Releases Statement on Infrastructure
“The case for infrastructure investment has been made. Now we need the will to act. The political playbook has changed; Americans are willing to pay for desperately needed infrastructure investment."
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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
