A Closer Look at the New Engineering Business Sentiment Study

The ACEC Research Institute’s Joe Bates joined the program to take a closer look at the Institute’s newly released Engineering Business Sentiment Study for Q1 2022. The new report, which updates the previous survey released in October 2021 shows there is extreme optimism among engineering firm leaders about their firms’ finances and the the engineering and design industry as a whole.  The same cannot be said about their outlook on the U.S. economy, which is a source of pessimism due to rising inflation and the labor shortage.  Hot button topics among firm leaders continue to be project backlog and the talent shortage.  Read the entire report here: https://programs.acec.org/impact-report-21