U.S. Construction / Infrastructure Articles
Gov. Quinn backs Illinois Jobs Now! project with road funding
News out of Springfield announced that Ill. Governor Pat Quinn (D) has authorized a $2.2 million resurfacing project in Will County that will see the resurfacing of 2nd Street to U.S. 45 in Manhattan and Wilton Townships. Gallagher Asphalt Corp. of Thornton, Ill. won the job.
October 21, 2014 – Roads & Bridges
2014 US Construction Spending 6.8% above 2013
Despite an eight thenths of a percent skip from July to August in the value of all U.S. construction put-in-place total construction spending through the first eight months of 2014, spending remains 6.8 percent above the same period in 2013.
October 16, 2014 – forconstructionpros.com
4Q Economic Outlook Predicts Growth in Equipment, Software Investment
Investment in equipment and software is expected to grow 5.5 percent in 2014, according to the fourth-quarter update to the 2014 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation.
October 3, 2014 – Construction Equipment
Construction employment way up in September
The construction industry added jobs during September, extending a streak of job gains now nine months long.
October 3, 2014 – Better Roads
Construction spending dips 0.8% in August due to fall in nonresidential
U.S. construction spending saw its second dip of the year in August, falling 0.8 percent.
October 1, 2014 – Equipment World
Nearly $3.6 Billion to Make Transit Systems More Resilient in New York, New Jersey, and Beyond
Transportation Secretary Anthony Foxx recently announced that 40 projects have been competitively selected to receive a share of $3.59 billion in federal disaster relief funds to help public transportation systems in the areas affected by Hurricane Sandy to become more resilient, in order to withstand the impact of future natural disasters.
September 29, 2014 – AED News
New Home Sales Surge in August to Six-Year High
New home sales spiked 18 percent in August to a 504,000-unit pace with upward revisions to previous months' data.
September 25, 2014 – Site-K Construction Zone
Va. road project derailed by environmental study
The Virginia Department of Transportation (VDOT) will go back to the drawing board after an environmental study revealed that a road project backed by former Gov. Robert McDonnell would cost $400 million more and destroy 120 more acres of wetlands than originally estimated.
September 25, 2014 – Roads & Bridges
Sales of New U.S. Homes Surged in August to Six-Year High
New-home sales in the U.S. surged in August to the highest level in more than six years, a sign that the housing recovery is making progress.
September 24, 2014 – Bloomberg
Ohio to start largest single construction project in state history
The Portsmouth Gateway Group is set to begin building the largest single construction project the Ohio Department of Transportation (ODOT) has ever seen.
September 24, 2014 – Better Roads
McGraw Hill Sells ENR and Construction Group to Equity Investor
McGraw Hill Construction, the business group of McGraw Hill Financial that includes Engineering News-Record (ENR), as well as sister units Architectural Record, Dodge and Sweet's, is set to have a new owner, expected in the fourth quarter.
September 22, 2014 – ENR
More than 500 bridges in Pa. to be replaced
More than 500 of Pennsylvania's worst bridges will be replaced under an innovative program that uses a private consortium to finance, design and build the bridges and then maintain them for 25 years.
September 22, 2014 – Pittsburgh Post-Gazette
State's locks, dams in urgent need of repair, report says
Illinois needs more federal money to make urgent repairs to the state's aging dams and locks, according to an Illinois Chamber of Commerce report being released Monday.
September 21, 2014 – Chicago Tribune
Construction falls 9 percent in August
According to McGraw Hill Construction, new construction starts in August dropped nine percent, bringing construction activity back to its normal pace after July's boost in energy-related manufacturing projects.
September 19, 2014 – Pit & Quarry
Georgia building Northwest Corridor for faster travel
The Georgia Department of Transportation (GDOT) broke ground Sept. 17 on an $834 million project that will create 30 miles of dedicated managed toll lanes on I-75 and I-575 in Cobb and Cherokee counties. Construction will commence at four separate locations next month.
September 18, 2014 – Roads & Bridges
New Safety Requirements Set for Keystone Pipeline
Safety regulators have quietly placed two extra conditions on construction of TransCanada Corp.'s Keystone XL oil pipeline after learning of potentially dangerous construction defects involving the southern leg of the Canada-to-Texas project.
September 17, 2014 – Construction Equipment Guide
Homebuilder Confidence in U.S. Increases to a Nine-Year High
Confidence among U.S. homebuilders rose in September to a nine-year high, showing the industry is gaining ground and will be a source of momentum for the economy.
September 17, 2014 – Bloomberg
Shuster on Amtrak bill: 'Nobody got everything'
House Transportation and Infrastructure Committee Chairman Rep. Bill Shuster (R-Pa.) said Tuesday that a bill that would cut Amtrak's construction budget by 40 percent was bipartisan because "nobody got everything" that they wanted.
September 16, 2014 – The Hill
Facing mammoth debt, Prop. 1 would save Texas DOT
It will take Texas 20 years to pay off $23 billion in debt accrued in an attempt to rebuild roads and bridges.
September 15, 2014 – Roads & Bridges
Is construction "dead in the water"? Greenspan comment highlights industry's mixed feelings about recovery
Despite many positives in the industry right now, Alan Greenspan is pointing a finger of blame in construction's direction.
September 10, 2014 – Equipment World