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Key Takeaways from the Q4 Sentiment Study

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Download the 2022 Q4 Engineering Business Sentiment Study today. This newly updated report outlines the current and future outlook of more than 600 executives from the engineering and design services industry on a variety of topics, from the U.S. economy, to workforce demands, and potential markets for growth.

Hot Topics:

  • Concern over the effects of inflation remains high.
  • In the past three months, a little more than half of firms (51%) have turned down work due to workforce shortages, similar to last quarter (52%).
  • Ninety-seven percent of firms with U.S. locations have opened ALL their offices.
  • Thirty-five percent of firms are handling remote work requests on a case-by-case basis, and 31% are allowing employers to decide their own flexible schedule. 

2022 Economic Assessment of the Engineering and Design Services Industry

This is the third annual release of the Engineering and Design Services industry forecast. In 2020, the ACEC Research Institute first commissioned a series of studies – the Industry Impact Series – to profile and analyze performance in the Engineering and Design Services industry (A/E Services). 

This study is updating that series which aims to describe, measure, and analyze the economic significance of the Engineering and Design Services industry and demonstrate the inextricable partnership between engineering, architects, and other design services to deliver the built environment of the United States. The built environment refers to all human-made surroundings that provide the setting for human activity, ranging in scale from buildings and parks/green space to neighborhoods and cities including their supporting infrastructure, such as roads, bridges, water supply and energy networks.

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