Moody's: Damage from Harvey and Irma could hit $200B

Although the storms' impact is expected to dampen economic prospects during Q3, they’ll likely push the construction industry to a solid Q4.

By Hallie Busta • Sept. 13, 2017

WA the latest to pilot a pay-per-mile fee

The state joins Oregon and a group of East Coast transit agencies in testing a mileage fee as a funding alternative to the gas tax for road construction.

By Hallie Busta • Sept. 12, 2017

NYC's research lab construction market is heating up

The city's 1.7 million square feet of lab space is fully occupied, with little new space in the works, indicating a likely business opportunity for contractors there.

By Mary Tyler March • Sept. 12, 2017

Report: Taxes funding US highway construction aren't enough

Rather than increasing slowly as expected, excise tax revenues are declining, raising the stakes for finding new sources of long-term infrastructure funding.

By Hallie Busta • Sept. 12, 2017

Dodge Momentum Index slips again in August

The month's overall decline was driven by a continued slowdown in the commercial sector to more stable activity levels.

By Hallie Busta • Sept. 11, 2017

Poll: A majority of Americans would pay more taxes for better roads

Even more respondents said they’d pay higher fees if laws mandated that the funds only be used on the intended infrastructure projects.

By Hallie Busta • Sept. 11, 2017

4 contracts issued for non-concrete US-Mexico border walls

The news follows four contracts issued last month to build test sections of concrete walls, with two of those companies winning contracts to build both types.

By Hallie Busta • Sept. 11, 2017

CBRE: US malls need a major redesign

Shopping centers should incorporate more businesses that have less competition from e-commerce, the real estate research firm said.

By Kim Slowey • Sept. 8, 2017

Construction employment has strongest month since February

Job growth has been largely volatile throughout the year, though August's report falls in line with data pointing to strength in the U.S. labor market. 

By Mary Tyler March • Sept. 1, 2017

Chao: Private investment will give states priority access to federal dollars

In a meeting with city and state officials this week, the transportation secretary shared more details on the administration's expected infrastructure spending plan.

By Kim Slowey • Sept. 1, 2017

Construction spending falls for second-straight month in July

The month's report falls in line with the up-and-down pattern of spending seen throughout 2017.

By Mary Tyler March • Sept. 1, 2017

AL eyes private sector for $850M Mobile bridge

In addition to a public-private partnership, state transportation officials are considering tolling, federal grants and gas taxes to finance the six-lane bridge.

By Kim Slowey • Aug. 30, 2017

AGC: 70% of contractors are having trouble finding skilled labor

Companies are adding overtime, increasing reliance on subcontractors and employing new technology to reduce the load.

By Kim Slowey • Aug. 30, 2017

Seattle light-rail project $500M over budget, behind schedule

The price tag for the extension to Lynnwood, WA, has grown to $2.9 billion due to rising real estate prices and increased construction costs.

By Kim Slowey • Aug. 28, 2017

IA to give Apple $208M in tax breaks for $1.3B data center

Local officials are banking on the project to fuel economic expansion in the rapidly growing rural community.

By Kim Slowey • Aug. 28, 2017

Architecture billings climb for the sixth-straight month in July

The commercial/industrial segment buoyed the rise in demand for design services, according to the American Institute of Architects' monthly index.

By Mary Tyler March • Aug. 23, 2017

Dodge Data: Construction starts rise 6% in July

Public works activity drove the monthly increase in starts values while hotel and office construction fell back after a strong showing in June.

By Kim Slowey • Aug. 23, 2017

JLL: Don't count out suburban office markets

New supply should stabilize rents and increase vacancy rates slightly over the next few years, according to a quarterly report from the consulting firm.

By Kim Slowey • Aug. 22, 2017

Canada's new infrastructure bank could fund Pacific Northwest high-speed rail

Washington and Canadian officials have been discussing a potential regional rail line connecting Vancouver, British Columbia, to Portland, OR.  

By Kim Slowey • Aug. 17, 2017

Housing starts fall back in July

The continued cooldown in multifamily contributed to a weak monthly report, which also saw a drop in building permits issued from June.

By Mary Tyler March • Aug. 16, 2017

Builder confidence bounces back in August

Prospects are looking up as economic growth strengthens and attractive mortgage rates fuel demand for single-family homes.

By Mary Tyler March • Aug. 15, 2017

Canadian paper products maker plans $400M GA plant

Georgia is among a host of U.S. states rolling out the red carpet to foreign and domestic manufacturers to join or grow their presence in the state.

By Kim Slowey • Aug. 11, 2017

Infrastructure spending hits record lows in 2016

There is no shortage of big infrastructure plans — just the funding to execute them, as more than half of all states spent less on such work in 2016 than in 2007.

By Kim Slowey • Aug. 10, 2017

Tesla installs first Solar Roof systems — on employees' homes

Co-founder Elon Musk says he has already outfitted his roof with the system and plans to roll out the product to more employees for testing and observation.

By Mary Tyler March • Aug. 9, 2017

IN offers $3.6M incentive package for $2.8B fertilizer factory

Former Gov. Mike Pence opposed financial incentives for Midwest Fertilizer to build a factory in the state, but the new leadership is moving ahead with plans.

By Kim Slowey • Aug. 9, 2017