Firm Leaders Expect Continued Engineering Market Growth U.S. engineering firm leaders remain bullish on their market prospects, according to the first quarter 2015 (Q1/15) ACEC Engineering Business Index (EBI), although their enthusiasm has dropped slightly from previous quarters. The Q1/15 EBI, conducted March 15-April 6, of 325 engineering firm leaders, produced a composite score of 65.3, which is strongly positive, but a slight drop from the 66.5 score in the Q4/14 EBI, and from 67.4 score one year ago. EBI is a diffusion index that charts the health of the engineering industry by consolidating senior leadership responses on market and firm performance into a single number. Any number above 50 indicates expansion. The current score of 65.3 demonstrates substantial overall market confidence.
Published by American Council of Engineering Companies of Georgia. View All Articles.
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