Finance - Articles - Page 109 | Engineering News-Record

Dodge Construction Momentum Index Declined 4.8% in October

November 11, 2015

The Dodge Momentum Index fell 4.8%, to 125.2, in October from its September reading of 131.5.

Outlook 2016: Slow and Modest vs. Fast and Furious

The energy sector gave construction starts a furious burst this year, but as that fades, the recovery will maintain its modest pace, with economists calling for further growth in 2016

Tim Grogan

November 11, 2015

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After a tentative start, the construction recovery hit full stride this year, and it is expected to keep pace in 2016, according to economists surveyed by ENR.

Judges Uphold Tappan Zee Bridge JV in Wage Dispute

Unions had sought higher pay rate for construction work on big New York bridge.

Richard Korman

October 30, 2015

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A court verdict will save the contractor $7.2 million in wages paid for work on the new Tappan Zee Bridge project over the Hudson River.

September Construction Starts Down From August But Rise Year Over Year

Tom Ichniowski

October 19, 2015

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The value of new construction projects fell in September from August’s total but spending for 2015's first nine months continues to run ahead of the year-earlier level, Dodge Data and Analytics has reported.

Construction workers spread concrete after it is poured on the site of the new Wilford Hall Ambulatory Surgical Centers west end parking lot

Skanska and Surety Argue About Alleged Overpayments

Erin Richey

October 13, 2015

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A mediation is apparently underway between a surety and Skanska USA Building Inc. over obligations related to the default in 2013 of a glazing and window subcontractor on an Air Force project in Texas.

Construction Aug. Spending Edges Up from July, Soars Year Over Year

Tom Ichniowski

October 1, 2015

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Construction spending rose slightly in August from the previous month’s level, but posted a double-digit gain year over year, the U.S. Census Bureau has reported.

U.K. Invites Chinese Contractors To Build Infrastructure Projects

Peter Reina

September 24, 2015

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The U.K. government has invited Chinese firms to bid for up to $18 billion of work on the planned London-to-Birmingham high-speed railroad, due to start construction in 2017.

August's Construction Starts Fall from July, But Are Up from 2014

Tom Ichniowski

September 22, 2015

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New construction projects’ volume dipped 11% in August from the previous year’s level but results for 2015’s first eight months rose 15% year over year, Dodge Data & Analytics has reported.

WorleyParsons' Troubles Are Latest To Strike Australian Firms

Scott Van

September 4, 2015

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Another Australian company has run into a rough patch. Sydney-based WorleyParsons has taken a beating from the downturn in the global oil business and a sluggish metals and minerals markets, declaring a nearly $55-million loss for its latest business year.

Construction Spending Jumps in July from Year-Earlier Total

Tom Ichniowski

September 1, 2015

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Construction spending continued its strong year-over-year gains, as the industry posted a 13.7% increase in July, to a $1.08-trillion annual rate, the Commerce Dept. has reported.