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Advocacy / Coronavirus
Legislative Update: H.R. 6021, the “Families First Coronavirus Response Act”
On March 14, 2020, the House passed the Families First Coronavirus Response Act (H.R. 6201) by a vote of 363-40, and on March 16, 2020 the House approved significant modifications to H.R. 6201 that are designed to mitigate the impact on employers. The Senate passed H.R. 6201 as amended by the House on March 18, 2020, and shortly thereafter the President signed it into law.
Coronavirus / Member Firms
NV5 Assisting Clients with COVID-19 Facility Health and Safety Consulting
ACEC Member Firm NV5 Global, Inc. is providing facility health and safety consulting services to mitigate the risk of Coronavirus exposure for clients, while minimizing interruption to business operations.
Coronavirus / Market Forecast
FMI Forecasts Downward Trend in Several Market Sectors Due to Coronavirus
The more quickly we see a downward trend in the number of new Coronavirus cases, the more quickly the economy will stabilize and rebound. The level of government and public reaction to the outbreak will be the primary factors in how long infection levels continue to climb. A recession is the likely result, but since underlying economic fundamentals were strong going into the pandemic, there is a chance for a reasonably rapid rebound.
Coronavirus / Industry News
MIT Coronavirus Survey Forecasts Increased Risk Management Protocols
On March 5, the MIT Center for Transportation and Logistics (MIT CTL) polled 730 supply chain professionals about the impact of the Coronavirus pandemic on their firms.
Coronavirus / Industry News
New York Governor Cuomo Urges President Trump to Lead National Response to Coronavirus Pandemic
New York’s Cuomo calls for Trump Administration to localize Coronoavirus testing, federalize shutdowns, and task the U.S. Army Corps of Engineers with expanding hospital capacity.
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Thornton Tomasetti announced the launch of T2D2, a software as a service (SaaS) platform that uses artificial intelligence (AI) – computer vision powered by deep learning – to identify and assess damage and deterioration to building envelopes and structures through images.
Jacobs Engineering Group Inc. today announced its financial results for the fiscal fourth quarter and fiscal year ended October 2, 2020.
Tetra Tech, Inc. announced today that the Federal Emergency Management Agency (FEMA) awarded a Tetra Tech-led joint venture a five-year, single-award contract, valued up to $50 million, to increase resilience and reduce the costs of recovery efforts in disaster-stricken communities.
Indicators
Engineering Employment
1,504,100 (October)
1,500,100 (September)
Construction Spending
$1,414,000,000 (September)
$1,410,400,000 (August)
Dodge Momentum Index
127.5 (October)
129.8 (September)
Morrissey Goodale U.S. M&A Index
299 Deals--Down 2 percent year-over-year
AIA Billings Index
47.5 (October)
47.0 (September)
Engineering Career Opportunities
