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."
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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