Presidential candidate Donald Trump would use financial gains from oil and gas drilling to fund highways and some other infrastructure, he told Republican supporters at the party's national convention.
Construction and engineering firms that pursue federal infrastructure work will see the benefits flowing from a $21.2-billion boost in infrastructure funds in a newly enacted $1.3-trillion package for fiscal year 2018.
Despite President Trump’s re-tightening U.S. policies toward Cuba, construction industry firms and heavy-equipment makers still hope there will be avenues to provide products and services there.
The construction market remains strong, but construction firms that were excited about the pro-business agenda of President Trump immediately after his election in November are now moderating their long-term outlook.
Of all the ideas that have been suggested for the border wall, there is one that may help to bring together Mexico and the U.S., instead of pitting the countries against each other over illegal immigration.
For the moment, a San Francisco federal court judge’s April 25 preliminary injunction has stalled President Donald Trump’s executive order that seeks to make “sanctuary” jurisdictions, which shelter undocumented immigrants, unable to receive federal grants and funds, including billions of dollars for highway construction, seismic upgrades and other public infrastructure projects.