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The ACEC study estimates that the bipartisan agreement would create more than 82,000 full- and part-time jobs in engineering and design services, generate $62 billion in architectural/engineering industry wages and add $75 billion to GDP.
Linda Bauer Darr, president and CEO of the American Council of Engineering Companies (ACEC) released a statement in support of the INVEST in America Act.
“Having survived multiple hurricanes during our company’s history, the devastation from this pandemic has been far worse," testified Carlos A. Penin, P.E., president, CAP Engineering in Coral Gables, Florida.
Findings show that more firms continue to see improvements in overall finances (42%-32%) and in cash flow (40%-31%) compared to previous survey results in September 2020.
Panelists applauded new strategies outlined in the “America’s New Playbook for Infrastructure” developed by the nonprofit Accelerator for America in collaboration with the new National Infrastructure Partnership, which includes the ACEC Research Institute, WSP USA, HNTB, and the U.S. Conference of Mayors, among others.
