Categories
Categories
ACEC News / Member Firms
Deadline to Submit Your Firm's Community Service Programs to Engineering Inc. Extended to August 22
If your firm is involved in a community service program, we would like to hear from you and feature your story in Engineering Inc. The submission deadline is now August 22.
Industry News / Market Forecast
Dodge Momentum Index Drops in July; Institutional Sector Takes Bigger Hit
The Dodge Momentum Index dropped 4.6 percent in July to 138.9, down from the revised June reading of 145.6. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
ACEC News / Member Organizations
Artl Takes Helm at ACEC/Illinois
Kevin Artl will be the new president/CEO of ACEC/Illinois. Artl, who currently serves as the COO of the Illinois Toll Highway Authority, will take office in mid-September.
ACEC News / Advocacy
Senator Barrasso Meets with ACEC Leadership
Senator John Barrasso (R-WY) (third from left) discussed the political situation in Washington D.C. with the ACEC Executive Committee during the summer meeting in Jackson Hole this week.
ACEC News / Member Organizations
ACEC Hosts Member Organization Staff for Training Session to Improve Member Services
In ACEC's inaugural Member Organization staff training session, ACEC/PAC Director Jennifer Pugh (center) describes the resources available to Member Organizations to improve their political fundraising programs.
Boxwood Merger Corp. (Nasdaq: BWMC, BWMCU and BWMCW) (“Boxwood”), a publicly-traded special purpose acquisition company, and Atlas Intermediate Holdings LLC (“Atlas”) (combined together with Boxwood, the “Company”), a leading provider of professional testing, inspection, engineering and consulting services, announced today that they have entered into a definitive agreement whereby Atlas will become a wholly-owned indirect subsidiary of Boxwood. Immediately following the proposed transaction, Boxwood intends to change its name to Atlas Technical Consultants, Inc. (“Atlas Technical”) and its shares of Class A common stock are expected to continue to be listed on The Nasdaq Stock Market under the ticker symbol “ATCX.”
The joint venture of Gannett Fleming and Dewberry announced that it was awarded one of four five-year engineering/architecture indefinite delivery, indefinitely quantity (IDIQ) contracts issued by the U.S. Army Corps of Engineers (USACE) Jacksonville District.
WEST was awarded a 5-year Indefinite Delivery Architect-Engineer Contract worth up to $4.5 million from the U.S. Army Corps of Engineers (USACE), Los Angeles District for AE Hydrologic and Hydraulic Services for Civil Works Projects.
Indicators
ACEC Engineering Business Index (EBI)
62.6 (2Q, 2019)
62.2 (1Q, 2019)
Engineering Employment
1,521,800 (July)
1,517,500 (June)
Construction Spending
$1,286,997,000 (June)
$1,303,427,000 (May)
ACEC Stock Index
38.16 (August 5)
41.90 (July 29)
Dodge Momentum Index
138.9 (July)
145.6 (June)
Morrissey Goodale M&A Index
297 Deals year-over-year (August)
312 Deals year-over-year (July)
AIA Billings Index
49.1 (June)
50.2 (May)
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