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Member Sentiment Climbs in ACEC Research Institute's Ninth COVID Member Survey

ACEC News / Industry News
March 18, 2021

Member Sentiment Climbs in ACEC Research Institute's Ninth COVID Member Survey

Member firm sentiment about the market continues to improve, according to the latest ACEC Research Institute member survey on the impact of the COVID-19 pandemic. In the survey of 408 members between February 25 and March 5, 42 percent said their firm's overall finances are better than before the pandemic, up from 32 percent in the eighth survey, which was conducted in September 2020.

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Convention Panels to Address Advocacy, the Market, and Engineering's Economic Impact

ACEC News / Convention
March 18, 2021

Convention Panels to Address Advocacy, the Market, and Engineering's Economic Impact

The virtual 2021 ACEC Annual Convention and Legislative Summit will feature three general session panels features Congressional members, member firm CEOs, and the ACEC Research Institute.

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ACEC Online Classes Next Week: ESOPs, Incentive Compensation, Recession Turnarounds

ACEC News / Education
March 18, 2021

ACEC Online Classes Next Week: ESOPs, Incentive Compensation, Recession Turnarounds

Among the ACEC online classes next week, Ty Kicklighter of Dent Moses will lay ot the guiding principles of incentive compensation.

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Podcast Conversation with Matheson Financial Advisor's Matt Fultz about Valuing Your Firm

ACEC News / Business Management
March 18, 2021

Podcast Conversation with Matheson Financial Advisor's Matt Fultz about Valuing Your Firm

Matt Fultz, a principal at Matheson Financial Advisors, came on the Engineering Influence podcast to talk about firm valuations, discussing the key factors in valuation, the steps to take to sell a firm, the most likely buyers, and why you might want to start the process today.

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ACEC News / Member Organizations
March 12, 2021

ACEC New York Appoints John Evers to be Next President & CEO

John Evers will succeed Jay Simson as president & CEO of ACEC New York on July 1, 2021,

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Member Firm News
April 6, 2021

Langan Engineering & Environmental Services announced the acquisition of Adams Consulting Engineers, Inc. headquartered in Dallas with additional offices in Austin and Tyler, Texas. The acquisition, only the second in Langan’s 50-year history, helps accelerate the firm’s growth in Texas, where Langan has operated since 2015 in Houston. With this move, Langan now has more than 1,300 employees across 36 offices.

https://www.langan.com/em


March 30, 2021

The recently finalized partnership of Confluence Networks, LLC and MasTec, Inc. has selected WSP USA to assist in completing its Confluence-1 fiberoptic cable system.

https://www.wsp.com/en-US


March 23, 2021

Burns & McDonnell has promoted Leon Harden as the firm’s first diversity, equity and inclusion (DEI) strategy manager. After three years working in recruitment at Burns & McDonnell, in his new role Harden will work closely with executive leaders and business diversity teams globally to provide strategic guidance for creating and integrating DEI initiatives and programs into all aspects of the 100% employee-owned engineering, construction and architecture firm.

https://www.burnsmcd.com/


Market Indicators
Indicators

Engineering Employment
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1,539,400 (March)
1,532,000 (February)

Construction Spending
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$1,516,900,000 (February)
$1,529,000,000 (January)

Dodge Momentum Index
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151.4 (March)
148.8 (February)

Morrissey Goodale U.S. M&A Index
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313 Deals--Down 2 percent year-over-year

AIA Billings Index
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53.3 (February)
44.9 (January)

Engineering Career Opportunities

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