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January 14, 2021
Engineering Influence Podcast: A Closer Look at the First-Ever Engineering Industry Profile

On the latest Engineering Influence podcast, Joe Bates of the ACEC Research Institute and Jon Gray, principal at Rockport Analytics, discuss the ACEC Research Institute's newly released 2020 Engineering Industry Profile.

January 7, 2021
ACEC Research Institute Releases Landmark Industry Profile Study

ACEC Research Institute study finds that Engineering and Architectural Services Sector directly employs more than 1.5 million Americans and supports an additional 3 million indirect jobs—3 percent of all U.S. jobs—and drives $386 billion in annual revenue.

December 9, 2020
ACEC’s Private Industry Briefs Q3 2020 Economic Review Available Now

ACEC’s Private Industry Briefs (Q3 2020 Review) updates the five macroeconomic trends during this recession, analyzes how long a recovery may take for the engineering industry, and takes a deeper look at two strong markets—single-family residential and telecommunications.

 

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.

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.

August 20, 2020
2020 Second Quarter A/E Revenues Declined 9% Compared to 2019 Q2

In the U.S. Census Bureau's Advance Quarterly Services Report for the second quarter of 2020 (April-June), A/E sector revenues totaled $80.2 billion, a 9 percent decline from same quarter last year and a 7 percent decline from the first quarter of 2020.

July 9, 2020
Deltek's Annual Clarity A&E Industry Study Tracks Firm Performance Benchmarks

Deltek has released its 41st Annual Clarity Architecture and Engineering Industry Study, providing analysis and benchmarks for firms’ financial, business development, project, and human resources performance.

June 26, 2020
Engineering Influence Podcast Highlights Deltek's A&E Firm Benchmarking Study

On the latest Engineering Influence podcast, Deltek's Megan Miller delves into the recently released Deltek Clarity Architecture & Engineering Industry Study, which provides a wide range of benchmarks for engineering firm performance.

June 1, 2020
ACEC Macro-Economic Update: 2020 Started Strong A/E Industry | Q1 GDP Revised Downward

ACEC's Erin McLaughlin reports on the strong start the A/E industry had to 2020 before COVID-19 derailed the economy and the pandemic's impact on U.S. Gross Domestic Product.

May 20, 2020
Architecture Billings Continue Historic Contraction

Demand for design services in April saw the steepest decline on record, according to The American Institute of Architects (AIA).

Member Firm News
January 12, 2021

As enterprises thoughtfully work to meet environmental objectives from regulators, shareholders and consumers, Black & Veatch announces the launch of a dedicated environmental business unit to support those objectives.

https://www.bv.com/news/b


January 8, 2021

HDR is serving as owner’s engineer for Invenergy’s recently announced Samson Solar Energy Center, the largest solar project in U.S. history. Located in northeastern Texas, Samson Solar Energy Center is designed to produce 1,310 megawatts of power. 

https://www.hdrinc.com/ne


December 21, 2020

Bowman Consulting Group, Ltd. has signed a Letter of Intent to acquire KTA, an engineering firm with core expertise in mechanical, electrical and plumbing engineering, commissioning, third party plan review, and lighting design.

https://www.acec.org/defa


Market Indicators
Indicators

Engineering Employment
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1,514,500 (December)
1,510,100 (November)

Construction Spending
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$1,459.400,000 (November)
$1,446,900,000 (October)

Dodge Momentum Index
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134.6 (December)
123.3 (November)

Morrissey Goodale U.S. M&A Index
Indicator Down image
295 Deals--Down 7 percent year-over-year

AIA Billings Index
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46.3 (November)
47.5 (October)

Engineering Career Opportunities

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