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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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As enterprises thoughtfully work to meet environmental objectives from regulators, shareholders and consumers, Black & Veatch announces the launch of a dedicated environmental business unit to support those objectives.
HDR is serving as owner’s engineer for Invenergy’s recently announced Samson Solar Energy Center, the largest solar project in U.S. history. Located in northeastern Texas, Samson Solar Energy Center is designed to produce 1,310 megawatts of power.
Bowman Consulting Group, Ltd. has signed a Letter of Intent to acquire KTA, an engineering firm with core expertise in mechanical, electrical and plumbing engineering, commissioning, third party plan review, and lighting design.
Indicators
Engineering Employment
1,514,500 (December)
1,510,100 (November)
Construction Spending
$1,459.400,000 (November)
$1,446,900,000 (October)
Dodge Momentum Index
134.6 (December)
123.3 (November)
Morrissey Goodale U.S. M&A Index
295 Deals--Down 7 percent year-over-year
AIA Billings Index
46.3 (November)
47.5 (October)
Engineering Career Opportunities
