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Builder confidence drops four points amid housing affordability concerns

Builder confidence in the market for newly built single-family homes fell four points to 56 in December on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) as concerns over housing affordability persist.

ABC’s Construction Backlog Indicator sinks below record highs

Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator contracted to 9.04 months during the third quarter of 2018, down 8.4 percent from the second quarter and 4.3 percent lower than the same time last year.

Ramboll to acquire U.S. engineering and design consultancy OBG

The Ramboll Group has entered into an agreement to acquire the U.S. engineering and design consultancy OBG. The acquisition of OBG is a step forward in Ramboll’s strategic ambition to grow in the U.S. and strengthen its portfolio within water, energy and environmental services.

Modjeski and Masters opens new office in Austin, Texas

Modjeski and Masters announced the opening of a new office in Austin, Texas. The office is the firm’s first office in the state, and its 12th location nationwide.

Minority-serving colleges and universities underutilized resource for meeting STEM workforce needs

Higher education leaders, policymakers, and the private sector should take a range of actions to strengthen STEM programs and degree attainment in the nation’s Minority Serving Institutions (MSIs), says a new report from the National Academies of Sciences, Engineering, and Medicine. MSIs are underutilized resources for producing talent to fulfill the needs of the nation’s current and future STEM workforce.

Jacobs reports fiscal fourth quarter earnings

Jacobs announced its financial results for the fiscal fourth quarter and fiscal year ended Sept. 28, 2018.
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AECOM reiterates long-term financial forecast

AECOM held its Investor Day in New York City today, at which the company is reiterating its long-term financial targets through fiscal 2022.

Begley, Corn named winners of Gannett Fleming’s Innovation Challenge

Gannett Fleming’s Collaborative Research & Innovation Center (CRIC) Working Group selected Jeremy Begley and Aimee Corn as winners of the 2018 Gannett Fleming Innovation Challenge: The Fourth Industrial Revolution.

Freese and Nichols to relocate headquarters to downtown Fort Worth

Freese and Nichols, Inc., announced that it will move its headquarters to Burnett Plaza in downtown Fort Worth, Texas in 2020.

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