Engineering’s Economic Impact, Industry Sentiment, and Future Outlook: Insights for 2025 and Beyond (Archived Webcast)
Course Information
Discover the profound role the engineering industry plays in shaping the U.S. economy and the latest business sentiment metrics among industry leaders in this presentation. Our experts will present key insights from the latest ACEC Research Institute’s Economic Assessment and Forecast, detailing contributions to GDP, job creation, and tax revenues.
We’ll also explore sector performance and provide a five-year forecast for industry revenues. Combined with findings from our quarterly Engineering Business Sentiment Survey, this session will offer a complete picture of current industry conditions, future expectations, and economic indicators. Equip yourself with the knowledge to navigate the challenges and opportunities ahead.
Learning Objectives
Analyze the engineering industry’s contribution to U.S. GDP, employment, and tax revenues.
Evaluate sector performance and trends within the engineering industry.
Interpret findings from the quarterly Engineering Business Sentiment Survey and economic indicators.
Understand the five-year forecast for engineering industry revenues and its implications for business strategy.
Speakers:
Michael J. Carragher, P.E., Chair, ACEC Research Institute, Chair and CEO - VHB
Since taking on the role of President and CEO in 2015, Carragher has led the company through one of its most transformational, successful and strategic periods of growth, geographic expansion and technological advancement. His vision and leadership are propelling VHB’s diverse team forward to evolve and embrace new technology to meet increasing client challenges, improve our nation’s mobility, and shape communities in a sustainable and meaningful way. As he helps set the course for the sustained success of VHB’s Generational Company, Carragher’s dedication to VHB’s professionals—and to maintaining the firm’s unique, inclusive culture—is evident in everything he does. As current Chairman, he leads the governance of the firm. Since joining VHB 27 years ago, Carragher helped to create VHB’s Transit and Rail program, served as Transportation Practice Leader and most recently as Southeast Regional Manager.
Joe Bates, Senior Research Consultant - ACEC Research Institute
Joe Bates founded The Institute for Association and Nonprofit Research (www.IfAssociationResearch.com) in 2016 to provide research and consulting services exclusively to associations and nonprofit organizations. In addition, he serves as a senior research consultant to the ACEC Research Institute. Bates has nearly 30 years of experience in the research profession, including more than 25 years in the association sector, and is an expert in qualitative and quantitative research design, implementation, analysis and consulting. During his career, he led the research efforts at several associations, including the Consumer Technology Association, the Global Business Travel Association, and the American College for Obstetricians and Gynecologists.