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MARKET-FORECAST Results
October 15, 2019
Economist Basu Forecasts Recession Due to Uncertainty Over 2020 Election

Economist Anirban Basu told attendees at the ACEC Fall Conference today that even though the U.S. economy is strong, he is forecasting a recession by the third or fourth quarter of 2020.

October 1, 2019
AIA Architecture Billings Index Suggests Weakest Design Market in Recent Years

The AIA Architecture Billings Index dropped to 47.2 in August, down from 50.1 in July. Any score below 50 indicates a decrease in billings.

September 10, 2019
Get the Lowdown on the European Economic Outlook in the latest Engineering Influence Podcast

ACEC Director of Strategic Communications Jeff Urbanchuk sat down with Henrik Garver, managing director of the Danish Association of Consulting Engineers, at the FIDIC Conference in Mexico City this week to discuss the economic outlook for Europe.

September 10, 2019
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.

August 22, 2019
AIA Billings Index Remains Flat in July; Future Contracts Data Softens

The AIA Billings Index, which tracks demand for design services, increased in July to 50.1, up from 49.1 in June.

August 12, 2019
Dodge Momentum Index Drops in July; Institutional Sector Takes Bigger Hit

The Dodge Momentum Index dropped 4.6 percent in July to 138.9, down from the revised June reading of 145.6. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

July 25, 2019
EBI: Recruitment and Retention are Biggest Challenges for Firm Leaders

More than half of firm leaders (52 percent) participating in the 2nd Quarter ACEC Engineering Business Index survey reported that recruiting and retaining quality employees is their biggest challenge.

July 29, 2019
Engineering Influence Podcast Dives into the 2nd Quarter Engineering Business Index Survey Results

In the latest episode of ACEC's Engineering Influence podcast, Strategic Communications Director Jeff Urbanchuk and Senior Communications Writer Gerry Donohue discss the latest Engineering Business Index (EBI) results. To listen to the episode, click here.

July 23, 2019
EBI Survey Respondents Report Positive Impacts of 2017 Tax Reform

In the latest Engineering Business Index survey released last week, more than one quarter of firm leaders (26 percent) credited the 2017 Tax Cuts and Jobs Act with improving their bottom line."

July 19, 2019
Small Increase in ACEC's Engineering Business Index Fueled by Long-Term Optimism

The ACEC Engineering Business Index (EBI) edged up 0.4 points to 62.6 in the Q2 2019 survey, the second consecutive quarterly increase.

Member Firm News
September 17, 2019

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.

/member-firm-news/senate-


September 10, 2019

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.

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


September 3, 2019

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.

https://www.enr.com/artic


Market Indicators
Indicators

Engineering Employment
Indicator Up image
1,521,200 (August)
1,520,200 (July)

Construction Spending
Indicator Up image
$1,287,300,000 (August)
$1,285,600,000 (July)

ACEC Stock Index
Indicator Down image
39.16 (October 7)
40.25 (September 9)

Dodge Momentum Index
Indicator Up image
143.6 (September)
137.9 (August)

Morrissey Goodale M&A Index
Indicator Down image
285 Deals--Down 2 percent year-over-year

AIA Billings Index
Indicator Down image
47.2 (August)
50.1 (July)

Engineering Career Opportunities

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