Construction Spending Fell in May, U.S. Commerce Dept. Reports Alisa Zevin July 2, 2020 No Comments Private work is down, while public construction rates increase.Read More
Construction Workforce Construction Employment Picture Brightens in June Industry adds 158,000 jobs, unemployment rate declines Tom Ichniowski July 2, 2020 No Comments The latest numbers don't reflect June coronavirus surges in some states.Read More
Coronavirus and Construction Senate, House Approve Extension for Paycheck Protection Program Loans Tom Ichniowski July 1, 2020 No Comments Measure, which would allow loan applications through Aug. 8, awaits Trump's signature.Read More
The Nation's Infrastructure Democrats Push $1.5T Infrastructure Bill Through House But Face GOP Wall in Senate Tom Ichniowski July 1, 2020 No Comments House package has $494 billion for highways, transit and rail but also funds water, airports, energy and other sectors.Read More
2020 2Q Cost Report: Two-Thirds of Firms Held Steady on Salary Increases Bruce Buckley July 1, 2020 No Comments Nearly one-third of companies plan to freeze or postpone raises in 2020.Read More
2020 2Q Cost Report: UK Hit Hardest by Virus in Europe Peter Reina July 1, 2020 No Comments Construction costs in Euro countries follow different trajectories as COVID-19 hits with varying intensity across the region.Read More
2020 2Q Cost Report: Construction Starts Drop as Global Pandemic Continues Alisa Zevin July 1, 2020 No Comments While construction plummeted in the first five months, material prices have begun to stabilizeRead More
Legislature Slashes North Carolina Roads Budget July 1, 2020 No Comments The financially beleaguered North Carolina Dept. of Transportation could see its current $1.5-billion road-building budget cut by nearly one-third under a bill passed June 25 by the state legislature.Read More
Safety AGC Survey Says Crashes on Highway Sites Still Common Two-thirds of contractors report at least one work zone vehicle crash last year Jeff Yoders June 30, 2020 One Comment AGC-HCSS survey finds COVID-19 appears to have improved work zone safety, due to fewer vehicles on the road.Read More
Project Finance Banks See Rise in Delinquent Construction Loans. Don't Panic. Richard Korman June 30, 2020 No Comments The pandemic has accelerated the number of loans in default, says a new report.Read More