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Coronavirus / Market Forecast
FMI Forecasts Downward Trend in Several Market Sectors Due to Coronavirus
The more quickly we see a downward trend in the number of new Coronavirus cases, the more quickly the economy will stabilize and rebound. The level of government and public reaction to the outbreak will be the primary factors in how long infection levels continue to climb. A recession is the likely result, but since underlying economic fundamentals were strong going into the pandemic, there is a chance for a reasonably rapid rebound.
Coronavirus / Industry News
MIT Coronavirus Survey Forecasts Increased Risk Management Protocols
On March 5, the MIT Center for Transportation and Logistics (MIT CTL) polled 730 supply chain professionals about the impact of the Coronavirus pandemic on their firms.
Coronavirus / Industry News
New York Governor Cuomo Urges President Trump to Lead National Response to Coronavirus Pandemic
New York’s Cuomo calls for Trump Administration to localize Coronoavirus testing, federalize shutdowns, and task the U.S. Army Corps of Engineers with expanding hospital capacity.
Coronavirus / Industry News
FEMA Faces Staffing, Resources Challenge in Dealing with Coronavirus
President Trump’s declaration of a National Emergency due to the Coronavirus pandemic makes the Federal Emergency Management Agency (FEMA) a central player in the federal government’s response, but the agency is already stretched thin by numerous natural disasters.
ACEC News / Industry Statistics
Deadline for ACEC’s PLI Survey of Member Firms Extended Until Friday, March 20
ACEC's Risk Management Committee has extended the deadline to Friday, March 20 for completing the annual survey of A/E member firms regarding their professional liability insurance, claims experience, and the impact of the threat of litigation.
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Brown and Caldwell announce Euan Finlay has been promoted from senior vice president to chief operating officer (COO), effective immediately. A senior executive with 25 years of experience, Finlay excels in leading organizations and teams to deliver excellence to clients while driving sustainable growth.
VHB welcomes Meghan Powell as Director of Transit and Rail for the Mid-Atlantic region. In this role, Powell will carve a path forward for VHB's Transit and Rail service line by strategically leading the development and implementation of its growth strategy.
Brown and Caldwell today announced Vice President Dr. Kati Bell has been appointed a fellow of the UC Irvine Water-Energy Nexus Center (WEX Center).
The WEX Center promotes fundamental and applied research at the water-energy nexus in partnership with industry. Its research focuses on all dimensions of power/energy use and efficiency in the water processing sector, including extraction, treatment, conveyance, reclamation, and reuse.
Indicators
Engineering Employment
1,603,500 (February)
1,599,100 (January)
Construction Spending
$1,677,200,000 (January)
$1,655,800,000 (December)
Dodge Momentum Index
158.2 (February)
151.7 (January))
Morrissey Goodale U.S. M&A Index
425 Deals—Up 33 percent year-over-year
AIA Billings Index
51.0 (January)
51.0 (December)
Engineering Career Opportunities
