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industry-news Results
December 3, 2020
Black & Veatch Power President Mario Azar Discusses Firm’s Decision to Decarbonize

On October 29, Black & Veatch announced that it will decarbonize its project portfolio, no longer participating in any future coal-based power design and construction. ACEC spoke with Mario Azar, president of Black & Veatch’s power business to discuss the reasons behind the firm decision and the future implications.

November 24, 2020
Engineering Influence Podcast: Dodge Chief Economist Richard Branch Breaks Down His 2021 Market Forecast

On the latest Engineering Influence podcast, Dodge Data and Analytics Chief Economist Richard Branch discusses his 2021 economic and construction market forecast.

November 19, 2020
A/E Industry 3rd-Quarter Revenues Down 11.8 Year-Over-Year, Flat From 2nd Quarter

The U.S. Census Bureau’s ‘advance estimate’ of total A/E revenues for the third quarter of 2020 (Q3) is $80.08 billion, an 11.8% decline from the same quarter last year. The estimate is less than a half-point improvement from the $79.77 billion in A/E revenues in Q2, which was the first full quarter of the pandemic-caused recession.

November 18, 2020
Engineering Influence Podcast Examines the Role of the Engineer in Society

On the latest Engineering Influence podcast, Mike McMeekin, executive director of the Engineering Change Lab, and Darshan Karwat, assistant professor in Arizona State University's School for the Future of Innovation in Society discuss the evolving role of the engineer in society and the emergence of the activist engineer. 

November 4, 2020
Voters Approve Transportation Infrastructure Measures

With the share of federal infrastructure funding continuing to shrink, voters at both the state and local levels approved measures to fund infrastructure improvements.

October 30, 2020
BST Global’s Javier Baldor and Hank Tran Look at What’s Next for AI in the AEC Industry

n a virtual 2020 ACEC Fall Conference educational session, BST Global CEO Javier Baldor and Director of Knowledge Management Hank Tran explained the impact of machine learning and artificial intelligence across industries and honed in on specific-use cases in the AEC space.

October 14, 2020
Engineering Influence Podcast Looks at the Future of the Office Market

On the latest Engineering Influence podcast, Carl Shilling, a principal at Stantec, shares his thoughts on the current state of the office market sector and how it may change going forward.

September 10, 2020
A/E Employment Surges, But State of Industry Remains Uncertain

A/E employment increased by 14,400 jobs in August to 1,484,000. While that total still lags far behind pre-pandemic levels, the large increase points to a strengthening in the fundamentals for the engineering industry.

September 1, 2020
Engineering Influence Podcast: Mick Morrissey Offers Insights into the M&A Market

On the latest Engineering Influence podcast, Morrissey Goodale Managing Partner Mick Morrissey discusses the current state of the M&A market in the engineering industry and offers insights and advice for potential sellers,

August 25, 2020
Dodge Data & Analytics Forecast: "Growth is going to move sideways through mid-2021.”

Dodge Data & Analytics Chief Economist Richard Branch has released an updated Economic and Construction Market forecast.

Member Firm News
November 30, 2020

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. 

https://www.thorntontomas


November 24, 2020

Jacobs Engineering Group Inc. today announced its financial results for the fiscal fourth quarter and fiscal year ended October 2, 2020.

https://www.jacobs.com/ne


November 20, 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.

https://investor.tetratec


Market Indicators
Indicators

Engineering Employment
Indicator Up image
1,504,100 (October)
1,500,100 (September)

Construction Spending
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$1,414,000,000 (September)
$1,410,400,000 (August)

Dodge Momentum Index
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127.5 (October)
129.8 (September)

Morrissey Goodale U.S. M&A Index
Indicator Down image
299 Deals--Down 2 percent year-over-year

AIA Billings Index
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47.5 (October)
47.0 (September)

Engineering Career Opportunities

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