Category: Financial

June 20, 2018

The construction industry, for the last several years, has been subject to a number of reports that the skilled labor supply is not meeting demand, and the most recent United States Gypsum (USG) + U.S. Chamber of Commerce Commercial Construction […]

June 15, 2018

Redevelopments of older properties are always a challenge, particularly, as in the case of Cook County Hospital, when the structures have been neglected and are in various stages of decay. Crews working on the redevelopment of Pier 70 in San […]

June 14, 2018

While Congress has indicated that it is committed to continued federal funding of state and regional transportation infrastructure projects, President Donald Trump’s administration is in favor of giving preference to states and other lead transportation agencies that can cobble together […]

June 12, 2018

There are contractors who say they love the construction business so much that they would not do anything else for a living. But it’s impossible to live on a business that doesn’t make money. Sometimes in construction, jobs get mired […]

June 11, 2018

An additional 40 tons of structural steel is sitting on the Dept. of Energy Hanford Nuclear Waste Site in southeast Washington, where Bechtel National Inc. plans a new tower as part of the $4.5-billion Waste Treatment and Immobilization Plant. Known […]

June 4, 2018

Nonresidential construction spending remained unchanged in April on a monthly basis, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data released today. However, year-over-year spending was up a sturdy 6.1%. Private sector spending increased 0.8% […]

June 1, 2018

Construction spending rose to a record-high seasonally adjusted annual rate of $1,310.4 billion in April. This is a 1.8% increase from March’s estimate which was revised up from $1,284.7 billion to $1,286.8 billion. February’s estimate was revised up again from […]

May 29, 2018

Dive Brief: The Los Angeles Metropolitan Transportation Authority has prepared a 2018 to 2019 budget that includes spending of $6.6 billion, Curbed Los Angeles reported. The budget, which the Metro Board authorized at a meeting on May 24, is the […]

May 29, 2018

Dive Brief: Charlotte-Douglas International Airport in Charlotte, North Carolina, is underway with a $2.5 billion capital plan, Destination CLT, that will expand and modernize the facility, allowing the airport to accommodate an expected increase in passenger flow. Projects under construction […]

May 25, 2018

Today we’ll be looking at what economists Alex Carrick, ConstructConnect; Kermit Baker, American Institute of Architects (AIA); and Ken Simonson, Associated General Contractors of America (AGC) have to say about the outlook for construction in 2018. We’ll also look at […]