Categories
Categories
- February 4, 2021
- Engineering Our Way to a Better Future
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In this guest post, ACEC Research Institute Chair John Carrato highlights the critical role engineers play in the U.S. economy, making a difference for every American.
- February 4, 2021
- Engineering Influence Podcast: Insights form the ACEC Research Institute's Engineering Industry Economic Contribution Report
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ACEC Research Institute staff joined the Engineering Influence podcast to talk about the 2020 Engineering Industry Economic Contribution, which examines the impact of the A/E sector on the U.S. economy.
- February 4, 2021
- New ACEC Research Institute Finds A/E Economic Impact Totals Nearly $600 Billion Annually
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The Engineering and Architectural industry supports $600 Billion in annual U.S. GDP, according to the 2020 Engineering Industry Economic Contribution study just released by the ACEC Research Institute.
- January 14, 2021
- Engineering Influence Podcast: A Closer Look at the First-Ever Engineering Industry Profile
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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
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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
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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
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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
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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
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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
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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.
Langan Engineering & Environmental Services announced the acquisition of Adams Consulting Engineers, Inc. headquartered in Dallas with additional offices in Austin and Tyler, Texas. The acquisition, only the second in Langan’s 50-year history, helps accelerate the firm’s growth in Texas, where Langan has operated since 2015 in Houston. With this move, Langan now has more than 1,300 employees across 36 offices.
The recently finalized partnership of Confluence Networks, LLC and MasTec, Inc. has selected WSP USA to assist in completing its Confluence-1 fiberoptic cable system.
Burns & McDonnell has promoted Leon Harden as the firm’s first diversity, equity and inclusion (DEI) strategy manager. After three years working in recruitment at Burns & McDonnell, in his new role Harden will work closely with executive leaders and business diversity teams globally to provide strategic guidance for creating and integrating DEI initiatives and programs into all aspects of the 100% employee-owned engineering, construction and architecture firm.
Indicators
Engineering Employment
1,539,400 (March)
1,532,000 (February)
Construction Spending
$1,516,900,000 (February)
$1,529,000,000 (January)
Dodge Momentum Index
151.4 (March)
148.8 (February)
Morrissey Goodale U.S. M&A Index
313 Deals--Down 2 percent year-over-year
AIA Billings Index
53.3 (February)
44.9 (January)
Engineering Career Opportunities
