Categories
Categories
ACEC News / Advocacy
ACEC and Business Coalition Call on Congress to Pass Transportation Reauthorization
As a member of the Infrastructure Working Group (IWG), ACEC has signed onto a letter urging Senate Majority Leader McConnell and Minority Leader Schumer to pass a long-term, robustly-funded surface transportation reauthorization bill ahead of the September 30, 2020 expiration of the FAST Act.
Industry News / Market Forecast
AIA Architecture Billings Index Suggests Weakest Design Market in Recent Years
The AIA Architecture Billings Index dropped to 47.2 in August, down from 50.1 in July. Any score below 50 indicates a decrease in billings.
Industry News / Industry Statistics
Construction Spending Holds the Line in August
Total construction spending was essentially flat in August, with the seasonally adjusted annual rate of $1,287.3 billion coming in 0.1 percent above the revised July estimate of $1,285.6 billion.
ACEC News / Member Organizations
ACEC/Indiana Leaders Discuss Transportation with Representative Andre Carson
U.S. Representative Andre Carson (D-IN), a member of the House Committee on Transportation and Infrastructure, met with ACEC/Indiana leadership this week to discuss transportation infrastructure funding. Pictured left to right: Scott Hornsby, GAI Consultants; Drew Bender, VS Engineering; Rick Olson, Earth Exploration/ A Terracon Company; Shelby Swango, WSP; Congressman Carson; Beth Bauer, ACEC/Indiana; Jon Stolz, Christopher B. Burke Engineering; Shelby Dunn, ACEC/Indiana; Bill Hall, United Consulting; and Hans Peterson, Clark Dietz.
Industry News / Industry Statistics
Latest ACEC Private Market Brief Issue Updates Top Five Macroeconomic Trends
In the latest ACEC Private Market Brief-Economic Outlook Q2, we review the top five macroeconomic trends, including business economists' predictions for the timing of next recession. We also look at A/E services revenue data, examining which markets have shown growth, been stable, or declined in the last year, as well as which states are showing economic momentum.
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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