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Industry News / Market Forecast
Report: Sea Level Rise Could Force More Than $400 Billion in Seawall Construction
Coastal communities in the lower 48 states will face more than $400 billion in seawall costs due to sea level rise over the next 20 years, according to a new report by the Center for Climate Integrity and Resilient Analytics.
Industry News / Infrastructure Funding
ACEC Congratulates Illinois for Acting on Infrastructure
Earlier today, Illinois Governor J.B. Pritzker signed into law the most significant investment in infrastructure the state has seen in 30 years. Illinois makes 31 states that have raised revenues in recent years to boost spending on transportation projects and other infrastructure needs.
Industry News / Infrastructure Funding
House Approves Funding Bill for Transportation, Water, Military Construction
The House of Representatives passed a bill yesterday to fund U.S. Department of Transportation and the departments of Commerce, Interior, Veterans Affairs, Agriculture, and Housing and Urban Development, as well as environmental programs.
ACEC News / Advocacy
ACEC Endorses Tax Extenders in Comments to Senate Taskforce
ACEC submitted comments this week to a taskforce of the Senate Finance Committee endorsing multi-year extension of the Section 179D energy-efficient commercial buildings tax deduction and the Section 45 production tax credit for renewable resources.
ACEC News / Convention
2019 EEA Gala Red Carpet Interviews Online, Ready for Download
One of the highlights of the 2019 Engineering Awards Gala was the Red Carpet interviews. More than 50 Grand, Honor, and National Recognition Award winners stepped onto the red carpet to talk about their projects and the night’s festivities with D.C. TV Personality Michelle Wardlaw.
The Senate Appropriations Subcommittee on Transportation, Housing & Urban Development approved an annual funding bill that increases investment levels for most federal transportation infrastructure programs for the coming fiscal year.
The bill fulfills FAST Act funding levels for highway programs at $46.4 billion from the Highway Trust Fund and adds an additional $2.7 billion from the General Fund for surface transportation block grants, railway-highway crossing safety improvement, and bridge repairs.
Seven innovative technology startups – focused on sustainability solutions that range from artificial intelligence and next-generation analytics to autonomous heavy equipment and electric vehicle energy management – have been selected to join Black & Veatch’s IgniteX Cleantech Accelerator.
Montreal-based WSP Global Inc., says it intends to grow its U.S. presence further with a planned $65-million acquisition of environmental consultant Lancaster, N.Y.-based Ecology and Environment Inc.
Indicators
Engineering Employment
1,521,200 (August)
1,520,200 (July)
Construction Spending
$1,287,300,000 (August)
$1,285,600,000 (July)
ACEC Stock Index
39.16 (October 7)
40.25 (September 9)
Dodge Momentum Index
143.6 (September)
137.9 (August)
Morrissey Goodale M&A Index
285 Deals--Down 2 percent year-over-year
AIA Billings Index
47.2 (August)
50.1 (July)
Engineering Career Opportunities
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