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Industry News / Infrastructure Funding
Online Forum to Address Infrastructure Investment as Economic Accelerator, Opportunity Generator
The ACEC Research Institute is co-sponsoring the upcoming New Partnership on Infrastructure Forum, which will address how infrastructure investment can be critical to accelerating our economic recovery and generating the local opportunities and community wealth necessary to break generational cycles of inequality.
ACEC News / Market Forecast
Looking to the Future: Research Institute Roundtable on Technology in Engineering
ACEC President and CEO Linda Bauer Darr extends an invitation to the first of the ACEC Research Institute's three expert roundtables on the Post-COVID-19 future of the engineering industry.
Advocacy / Infrastructure Funding
Highway Trust Fund’s May 2020 Tax Receipts Drop 79% Year-Over-Year
Net deposits of tax receipts credited to the Highway Trust Fund totaled only $674 million in May, according to the U.S. Department of the Treasury, down 79 percent from $3.238 billion in May 2019.
ACEC News / Education
ACEC Offers Two New Free Member Roundtables
ACEC will host complimentary virtual member roundtables for firms in the Private/Vertical market sector and for medium-sized firms (51-200 employees).
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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
