Last Word Blog

Contents

Categories

Topics

INDUSTRY-STATISTICS Results

August 2, 2019
Construction Spending Drops 1.3 Percent in June; Public Sector Spending Slows Dramatically: U.S. construction spending fell by 1.3 percent in June, the largest monthly decline since last November.

July 3, 2019
Ten States Account for Nearly 60 Percent of U.S. Construction Market: Of the 11,208 U.S. public and private construction projects tracked by the research firm GlobalData, almost 60 percent are in just 10 states.

June 10, 2019
Construction Spending Flat in April; Public Spending Up: U.S. Construction speing in April, 2019 was at a seasonally adjusted annual rate of $1,298 billion, down slightly from the March rate of $1,299 billion.

May 23, 2019
Construction Costs Rise for 31st Straight Month: U.S. Construction Costs increased in May for the 31st consecutive month, according to the IHS Markit PEG Engineering and Construction Cost Index.

May 14, 2019
Lodging Market Continues Strong Performance: At the end of the first quarter of 2019, the U.S. construction pipeline in the lodging market sector included 5,647 projects totaling 687,941 rooms, up 7 percent by projects and 8 percent by rooms year-over-year, according to Lodging Econometrics.

April 11, 2019
ACEC’s Professional Liability Insurance Survey of Member Firms Ends Friday, April 12: The 2019 ACEC Professional Liability Insurance Survey of Member Firms for Fiscal Year 2018 ends at COB Friday, April 12.

April 4, 2019
Construction Spending Climbs for Third Consecutive Month in February - Copy: U.S construction spending rose 1 percent in February, the third consecutive monthly increase and the highest level in nine months.

April 2, 2019
Take Part in ACEC’s Professional Liability Insurance Survey of Member Firms: The 2019 ACEC Professional Liability Insurance Survey of Member Firms for Fiscal Year 2018 is taking place through Friday, April 12.

March 25, 2019
Coal and Renewables at "Crossover Point," According to Report: Almost three-quarters of U.S. coal production is now more expensive than solar and wind energy, according to a new report by Energy Innovation.

March 25, 2019
Construction Backlog Indicator Drops in January 2019: The Associated Builders and Contractors (ABC) Construction Backlog Indicator shrank to 8.1 months in January, a 9.3 percent decline from the 8.9 month reading in the fourth quarter of 2018.

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