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.…
Read MoreTag: engineering industry
Engineering executives confirm confidence in key construction sectors
Source: American Council of Engineering Companies Research Institute, Washington, D.C. ACEC Research Institute Engineering Business Sentiment report data shows engineering firms are dramatically more optimistic toward the U.S. economy than they were last year, and that wage inflation, versus the likelihood of a recession, is the biggest single concern among executives as 2024 unfolds. Among respondents to a survey underpinning…
Read More