Categories
Categories
ACEC News / Industry News
CDM Smith’s Bill Howard Ascends to FIDIC Presidency
Former ACEC Chair Bill Howard of CDM Smith will serve as the president of the International Federation of Consulting Engineers (FIDIC) for the next two years.
U.S. Cities Play Catch Up on High-Speed Rail
“THIS IS THE reinvention of train travel in America,” Patrick Goddard, a dapper Irishman and the president of Virgin Trains USA, declared in late June. The path to reinvention traveled through a nondescript platform outside Orlando International Airport, where Goddard and area luminaries had gathered for the groundbreaking of the company’s new Orlando-to-Miami route. It was made possible by 67 wealthy investors, who had collectively financed the project with $1.75 billion in private bonds.
ACEC News / Awards
ACEC Named Best Engineering Association at International Engineering Association Conference
At the annual conference of the International Federation of Consulting Engineers (FIDIC) in Mexico City this week, ACEC was named the Best Member Association.
Industry News
Engineering Influence Podcast Features FIDIC Diversity and Inclusivity Taskforce Chair Michelle Kruger
In the latest ACEC Engineering Influence podcast, ACEC Director of Strategic Communications Jeff Urbanchuk speaks with Michelle Kruger who chairs FIDIC’s Diversity and Inclusivity Taskforce.
Industry News / Market Forecast
Dodge Momentum Index Drops 1.3 percent in August
The Dodge Momentum Index declined 1.3 percent in August and is down 10.3 percent year-over-year. The Index tracks the first report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
The Senate Appropriations Subcommittee on Transportation, Housing & Urban Development approved an annual funding bill that increases investment levels for most federal transportation infrastructure programs for the coming fiscal year.
The bill fulfills FAST Act funding levels for highway programs at $46.4 billion from the Highway Trust Fund and adds an additional $2.7 billion from the General Fund for surface transportation block grants, railway-highway crossing safety improvement, and bridge repairs.
Seven innovative technology startups – focused on sustainability solutions that range from artificial intelligence and next-generation analytics to autonomous heavy equipment and electric vehicle energy management – have been selected to join Black & Veatch’s IgniteX Cleantech Accelerator.
Montreal-based WSP Global Inc., says it intends to grow its U.S. presence further with a planned $65-million acquisition of environmental consultant Lancaster, N.Y.-based Ecology and Environment Inc.
Indicators
Engineering Employment
1,521,200 (August)
1,520,200 (July)
Construction Spending
$1,287,300,000 (August)
$1,285,600,000 (July)
ACEC Stock Index
39.16 (October 7)
40.25 (September 9)
Dodge Momentum Index
143.6 (September)
137.9 (August)
Morrissey Goodale M&A Index
285 Deals--Down 2 percent year-over-year
AIA Billings Index
47.2 (August)
50.1 (July)
Engineering Career Opportunities
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