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EBI Survey Respondents Report Positive Impacts of 2017 Tax Reform

ACEC News / Market Forecast
July 23, 2019

EBI Survey Respondents Report Positive Impacts of 2017 Tax Reform

In the latest Engineering Business Index survey released last week, more than one quarter of firm leaders (26 percent) credited the 2017 Tax Cuts and Jobs Act with improving their bottom line."

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ACEC News / Awards
July 23, 2019

QBS Awards Nominations Deadline Extended to August 30

Submit your nominations now for the 2019 QBS Awards, which recognize public and private entities that make exemplary use of the Qualifications-Based Selection process at the federal, state and local levels. The deadline has been extended to August 30, 2019.

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ACEC News / Advocacy
July 23, 2019

Connecticut Reaches ACEC/PAC Fundraising Goal "To Have a Voice in Washington"

For the 14th consecutive year, ACEC/Connecticut has hit its annual ACEC/PAC target.

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Small Increase in ACEC's Engineering Business Index Fueled by Long-Term Optimism

ACEC News / Market Forecast
July 19, 2019

Small Increase in ACEC's Engineering Business Index Fueled by Long-Term Optimism

The ACEC Engineering Business Index (EBI) edged up 0.4 points to 62.6 in the Q2 2019 survey, the second consecutive quarterly increase.

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ACEC Briefs Lawmakers on Project Delivery Recommendations

ACEC News / Advocacy
July 18, 2019

ACEC Briefs Lawmakers on Project Delivery Recommendations

WSP President of U.S. Advisory Services John Porcari (center) shares his experiences in project delivery as deputy secretary at the U.S. Department of Transportation and interim executive director of the Gateway Corporation. 

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7 of 53 total pages
Member Firm News
August 14, 2019

Boxwood Merger Corp. (Nasdaq: BWMC, BWMCU and BWMCW) (“Boxwood”), a publicly-traded special purpose acquisition company, and Atlas Intermediate Holdings LLC (“Atlas”) (combined together with Boxwood, the “Company”), a leading provider of professional testing, inspection, engineering and consulting services, announced today that they have entered into a definitive agreement whereby Atlas will become a wholly-owned indirect subsidiary of Boxwood. Immediately following the proposed transaction, Boxwood intends to change its name to Atlas Technical Consultants, Inc. (“Atlas Technical”) and its shares of Class A common stock are expected to continue to be listed on The Nasdaq Stock Market under the ticker symbol “ATCX.”

https://www.oneatlas.com/


August 6, 2019

The joint venture of Gannett Fleming and Dewberry announced that it was awarded one of four five-year engineering/architecture indefinite delivery, indefinitely quantity (IDIQ) contracts issued by the U.S. Army Corps of Engineers (USACE) Jacksonville District.

http://www.dewberry.com/n


July 24, 2019

WEST was awarded a 5-year Indefinite Delivery Architect-Engineer Contract worth up to $4.5 million from the U.S. Army Corps of Engineers (USACE), Los Angeles District for AE Hydrologic and Hydraulic Services for Civil Works Projects. 

https://www.westconsultan


Market Indicators
Indicators

ACEC Engineering Business Index (EBI)
Indicator Up image
62.6 (2Q, 2019)
62.2 (1Q, 2019)

Engineering Employment
Indicator Up image
1,521,800 (July)
1,517,500 (June)

Construction Spending
Indicator Down image
$1,286,997,000 (June)
$1,303,427,000 (May)

ACEC Stock Index
Indicator Down image
38.16 (August 5)
41.90 (July 29)

Dodge Momentum Index
Indicator Down image
138.9 (July)
145.6 (June)

Morrissey Goodale M&A Index
Indicator Down image
297 Deals year-over-year (August)
312 Deals year-over-year (July)

AIA Billings Index
Indicator Down image
49.1 (June)
50.2 (May)

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