Engineering Inc. - March/April 2005 - (Page 5)

MARKET WA T C H Industr y Changes Since 1992 Magnified by Census Lens By Joe Salimando E Importantly, these figures do not employee firms are omitted provides both an annual ngineering companies, as include health insurance and from these tabulations. report on companies in the defined by the U.S. Census other benefits, which are not Payrolls of engineering com- engineering business and a Bureau, have seen a 39- included in the reported census panies advanced by 42 percent means to make 10-year compar- percent, inflation-adjusted gain data. also inflation-adjusted in the isons. The 2002 report includes in revenues in the 10-year For more details online, go to same period. While the average 651 niche reports from various period ending with calendar the Economic Census 2002 pay per employee rose by 8.8 U.S. industry groups. year 2002, according to the home page at percent, revenue per employee The 2002 Economic Census 2002 Economic Census report titled Architectural, Engineering econ/census02. Also, the Profes- increased by just 6.4 percent. In shows that engineering compa- & Related Services. sional, Scientific & Technical other words, engineering firm nies that have employees reports at employees have slightly outper- increased revenues, as a group, The Economic Census is con- census02/guide/INDRPT54. formed the gains of the compa- by 5.45 percent after inflation ducted twice every decade, in HTM. nies for which they work. in the 1992

Table of Contents for the Digital Edition of Engineering Inc. - March/April 2005

Table of Contents
From ACEC To You
Ask Members
News & Notes
Market Watch
Legislative Action
COVER STORY: A Perfect Legal Storm
Interview With F. James Sensenbrenner, Jr.
Is There an Engineer in the House
ACEC/PAC Donations Break All-Time Record
ACEC Roundtable
Members In the News
One on One

Engineering Inc. - March/April 2005