The American Council of Engineering Companies’ newest Engineering Business Sentiment report shows engineering firm executives have an extremely positive outlook on their firms’ financial standing (+86), the industry (+83), and the U.S. economy (+39). Optimism about the U.S. economy, specifically, has increased four points from last quarter and is up 54 points from its low of -15 in Q3 2022.…
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IIJA, IRA funding fuels engineering leaders’ construction market confidence
Leaders across civil, environmental and structural practices express optimism for strong economic performance in the coming year, according to a survey by the American Council of Engineering Companies’ independent research arm. With perspectives from 600-plus respondents, the 2023 Engineering Business Sentiment Survey finds the outlook for the overall economy is improving among the nation’s leading engineering firms. Results show the…
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