Top 250 revenue rises 16.6% as the ripples of inflation, supply chain disruptions, climate change and regional conflict shift pain points and profitability.
Second Massachusetts project, SouthCoast Wind, files to terminate project power agreement, and could face up to a $60-million fine, while developers in New York and New Jersey seek contract cost adjustments
In the coming year to 18 months, engineering and architectural firms in the Texas & Louisiana region will continue to face multiple challenges related to attracting staff and high material costs.
With a hawkish Federal Reserve pushing higher interest rates to fight inflation, the design market could be a canary in a coal mine for what some economists say will be a “mild” recession later this year.