Categories
Categories
ACEC News / Industry News
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.
ACEC News / Convention
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.
ACEC News / Education
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.
ACEC News / Business Management
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.
ACEC News / Member Organizations
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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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.
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.
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.
Indicators
Engineering Employment
1,539,400 (March)
1,532,000 (February)
Construction Spending
$1,516,900,000 (February)
$1,529,000,000 (January)
Dodge Momentum Index
151.4 (March)
148.8 (February)
Morrissey Goodale U.S. M&A Index
313 Deals--Down 2 percent year-over-year
AIA Billings Index
53.3 (February)
44.9 (January)
Engineering Career Opportunities
