2021 infrastructure bill
Public works group urges Congress to fully fund IIJA
With the Infrastructure Investment & Jobs Act (IIJA) signed into law last November, the American Public Works Association leaders wrote the Senate Committee on Appropriations a letter encouraging swift action. Keep Reading
When the infrastructure bill’s funds might be available
Dodge Construction Network’s Richard Branch expects streets and bridges to be among the first nonbuilding construction segments to benefit in 2022 from the Infrastructure Investment & Jobs Act. Keep Reading
Mergers and acquisitions back in a big way
FMI Capital Advisors’ George Reddin and Rob Mineo reflect on the merger and acquisition flurry that took place in the construction materials industry this year and what’s ahead in 2022. Keep Reading
AGC: Construction jobs down in 20 percent of metro areas
Between September 2020 and 2021, the Associated General Contractors of America say one-fifth of metro areas lost jobs due, in part, to gridlock in Washington and supply chain issues. Keep Reading
AGC: Construction spending slumps in September
The Associated General Contractors of America says a drop in residential work projects has added to an ongoing downturn in nonresidential construction. Keep Reading
Report: Construction employment still lagging pre-pandemic levels
Utah and Washington lead the nation in construction jobs added since February 2020, while Texas and Louisiana saw the greatest job losses, according to a new report. Keep Reading
Report: Equipment rental revenue, investments expected to rise
The American Rental Association is forecasting significant increases in equipment rental revenue for 2021 and beyond. Keep Reading
Congress extends surface transportation program funding
The 30-day extension comes while the $1 trillion infrastructure bill, which received bipartisan support in the Senate, is still awaiting a vote in the House. Keep Reading
AGC: Construction spending stalls between July and August
The Associated General Contractors of America (AGC) says a decrease in nonresidential projects is negating ongoing growth in residential work. Keep Reading