U.S. Construction / Infrastructure Articles
CBO sees slight benefits to public-private partnerships in highways
A handful of studies on public-private partnerships, or P3s, in highway construction suggest that such arrangements "have built highways slightly less expensively and slightly more quickly, compared with the traditional public-sector approach," a Congressional Budget Office researcher told a special House Transportation & Infrastructure Committee panel on March 5.
March 6, 2014 – FleetOwner
WisDOT preps to bid out $220M-plus Zoo Interchange contract
The back-and-forth was akin to two brothers arguing how to install a kitchen cabinet, except in this case it was 60 highway contractors and state engineers discussing the best way to rebuild the Zoo Interchange.
March 6, 2014 – Milwaukee BixTalk
U.S. construction spending unexpectedly rises in January
U.S. construction spending unexpectedly rose in January as an increase in private construction projects offset a drop in public outlays in a hopeful sign for growth this quarter.
March 3, 2014 – Reuters
U.S. agency warns of urgent need for spending on roads, bridges
More funding is needed to address a growing "infrastructure deficit" in the United States, as aging bridges, roads and highways crumble, putting drivers at risk, the U.S. Department of Transportation said in a report on Friday.
February 28, 2014 – Reuters
U.S. DOT report confirms need for more investment
new report on the state of America's transportation infrastructure, "2013 Status of the Nation's Highways, Bridges and Transit: Conditions and Performance," confirms that more investment is needed to maintain and improve the nation's highway and transit systems.
February 28, 2014 – Roads & Bridges
Solid new-home sales lift hopes for housing market
A surprisingly strong pace of new-home sales last month has boosted hopes that the spring buying season will be solid enough to lift the overall economy.
February 27, 2014 – AP
Construction Backlog Indicator Hits Post-Recession High
Associated Builders and Contractors' (ABC) Construction Backlog Indicator (CBI) hit a post-recession high in the fourth quarter of 2013, growing from 8.2 months to 8.3 months (1.3 percent). Compared to a year ago, CBI is 3.9 percent higher -- up from 8 months at the end of 2012.
February 26, 2014 – forconstructionpros.com
Outlook for Construction Spending Better than Results for 2013
Total construction spending is forecast to increase 8.8% in 2014 and 11.1% in 2015 as nonresidential and heavy engineering construction improve and residential construction continues to expand.
February 26, 2014 – Reed Construction Data
South Carolina DOT could start selling roads to local agencies
South Carolina could start selling state roads to local governments - giving control of more than 20,000 miles of roads roads to local agencies - as soon as next year.
February 22, 2014 – Better Roads
HPTE approves U.S. 36 P3 agreement
The High Performance Transportation Enterprise (HPTE) board of directors has unanimously approved three resolutions to move forward with the U.S. 36 public-private partnership (P3) concessionaire agreement.
February 21, 2014 – Roads & Bridges
What polar vortex? Caterpillar sales to builders surge despite chill
Caterpillar Inc said on Thursday that sales of its construction equipment had surged in recent months, driven by an especially large jump in demand in North America, where a series of severe winter storms and arctic temperatures failed to keep builders out of dealer showrooms.
February 21, 2014 – Reuters
TRIP report finds Montana's highways, bridges 'increasingly deteriorated and crowded'
A new report finds that Montana's highways and bridges are in poor and mediocre condition, with the state's traffic fatality rate among the worst in the nation.
February 19, 2014 – Better Roads
Construction Industry Adds 48,000 Jobs in Jan. Despite Severe Weather
Construction employment jumped by the largest monthly amount in nearly seven years in January, bringing industry employment to the highest level since July 2009, according to an analysis of new government data by the Associated General Contractors of America.
February 19, 2014 – Compact Equipment
January 2014 Housing Starts Plunge 16% as Weather Buffets Industry
January 2014 U.S. housing starts plunged 16 percent from December numbers to a seasonally adjusted annual rate of 880,000 units.
February 19, 2014 – forconstructionpros.com
State of Florida providing $213 million for Orlando airport transit hub
In a news conference this week, Fla. Gov. Rick Scott said the state will be contributing $213 million over three years toward a new transportation hub at Orlando International Airport.
February 19, 2014 – Roads & Bridges
Nonresidential construction index at its highest point ever
FMI, a management consulting and investment-banking firm with an index that measures nonresidential construction growth, released its 2014 First Quarter Nonresidential Construction Index (NRCI) report.
February 18, 2014 – Pit & Quarry
Mo. commission OKs transpo plan but not sure about delivering
The Missouri Highways and Transportation Commission has approved a new long-range transportation plan but cautioned that without additional resources the Missouri Department of Transportation (MoDOT) has very little chance of delivering it.
February 12, 2014 – Roads & Bridges
Houston Grand Parkway receives $840M TIFIA loan
U.S. Transportation Secretary Anthony Foxx has announced the closing of an $840 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the Grand Parkway Project in greater Houston that will improve safety and add highway capacity in this fast-growing region of Texas.
February 7, 2014 – Roads & Bridges
Construction Unemployment Drops in January
The construction industry added 48,000 jobs in January, marking the industry's largest jump in nearly seven years, according to analysis of federal data by the Associated General Contractors of America (AGC).
February 7, 2014 – Construction Equipment
New York uses transpo money for other needs
Officials in New York all want a bite at the apple, and transportation funding appears to be a low-hanging fruit.
February 6, 2014 – Roads & Bridges