Toll road operators are preparing to fight the proposed tax, which would raise an estimated $630 million in its first year.

At the start of its 2023-2024 session on Oct. 2, the U.S. Supreme Court has not yet set a date to hear arguments in a major case that could reevaluate the authority federal agencies have to interpret ambiguous language in U.S. law in rulemaking.

The state announced it would purchase uncontracted energy to sell to utilities to propel the market, as key developer Equinor launches the first undersea robotic analysis and design of its deepwater project site off Morro Bay.

Information from Pulse is derived from the Dodge Construction Network, the most powerful source of information, insights, and connections in the commercial construction industry.

Five of 15 domestic and international bidders are shortlisted to build two photovoltaic projects with a total capacity of 1,500 MW.

While shopping around for a used piece of construction equipment through the usual channels has taken some creative sourcing in recent years, this summer has seen prices stabilize for the most part.

Labor shortages and inflationary pressures continue to push up craftworker wages with recent settlements trending toward levels not seen in decades.

ENR’s Construction Industry Confidence Index rose this quarter to its highest rating since Q1 of 2022, up six points to a nearly stable 46 rating.

As the construction industry continues to grapple with the difficulties of the last several years, some sectors have fared better than others, and experts predict there is still some time to come before these issues have been settled.

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics