Engineering Influence from ACEC
News:Business News
The latest episode of the Engineering Influence Podcast, produced by the American Council of Engineering Companies, highlights the Q1 2024 Engineering Business Sentiment Study from the ACEC Research Institute. Download the new report here: https://programs.acec.org/impact-report-21/.
The report indicates an upbeat start to 2024 with a significant positive US economic sentiment. Recession fears have eased, and robust macroeconomic indicators, such as high GDP and low unemployment rates, reinforce the optimistic industry outlook. However, political uncertainty around election year remains a significant worry for future expectations.
The episode delves into the appetite for infrastructure work and the recovery signs in the Commercial Real Estate sector. It also highlights hiring challenges currently dampening industry expansion but indicates increased hiring anticipation amongst firms. A lack of sufficient workers, however, is driving firms to reject business offers and calls for immediate solutions.
The role of Artificial Intelligence (AI) as a potential solution to labor shortage also gets spotlighted in this episode. With a significant number of firms using or developing AI strategies, the overall sentiment is positive about the impact of AI in the year ahead.
Lastly, the episode discusses the importance of effective forecasting and modeling, using a decade’s worth of data. Despite workforce concerns, other indicators suggest a shift towards positivity in the economy, providing a promising glimpse into what lies ahead in the engineering industry.
A Conversation with Autodesk at the Annual Convention and Legislative Summit
A Conversation with Adam Steltzner, Chief Engineer NASA Mars 202 Mission
Exhibitor Interview - aec360 from the 2022 Annual Convention and Legislative Summit
A Conversation with Scott Harrison, Founder of Charity: Water
Convention Spotlight - Our Patron Sponsor, Stambaugh Ness
Exploring Mitigation, Adaptation and Sustainability in Engineering: A Podcast Series from ACEC
MO Spotlight: ACEC/MA’s Work to Partner on a STEM Starter Academy
Earth Day Feature: Designing a Resilient Future
The Recap - Wrapping up the Week and Looking Ahead at ACEC
April Economic Update for the A/E Industry
Climate Change and the Roles--and Responsibilities--of the Design Professional
ACEC Publishes Groundbreaking Book: Climate Change and the Built Environment
Preview of the Healthcare & Science+ Technology Symposium
Aligning Owners and Leaders in Ownership Transition
Brightworks Group CEO Doug Miller on the Cybersecurity Must-Haves for Engineering Firms
Curbing the Cause of Climate Change, from Engineering Inc.
The Economic Update for March 2022
Stantec’s Dr. Rick Huijbregts on the Present and Future of Smart Cities
ROG + Partners’ Steve Gido on M&A on the Deal Craze in Today’s Design Services Industry
A Preview of ACEC’s Re-imagined Business Development & Marketing Forum
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Sarah Westall - Business Game Changers
Børsen Morgenbriefing
Wall Street Breakfast
Bloomberg Surveillance