Economy: Page 45
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DC Metro needs $15.5B to keep trains running, officials say
The figure falls short of the $25 billion some officials say is necessary for key capital projects along the struggling rail system.
By Kim Slowey • Sept. 19, 2017 -
Housing starts dip, permits climb in August
The full impact of Hurricanes Harvey and Irma on housing activity will be registered in the coming months as rebuilding efforts get underway.
By Mary Tyler March • Sept. 19, 2017 -
Explore the Trendline➔
Permission granted by Associated General Contractors of America
TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
Builder confidence falls back in September
The drop-off comes amid uncertainty as to the extent of the rebuilding process in the Southeast and Gulf Coast following Hurricanes Harvey and Irma.
By Mary Tyler March • Sept. 18, 2017 -
Demand for construction supplies soars after Hurricane Harvey
Buyers are seeking steel buildings, doors, and concrete, masonry and stone products at a higher frequency now than they were before the storm.
By Edwin Lopez • Sept. 18, 2017 -
USDOT announces $500M TIGER grants
Selections will prioritize rural projects that improve infrastructure, connect to regional economic centers and support economic growth.
By Hallie Busta • Sept. 14, 2017 -
Pittsburgh International Airport has a $1.1B plan to downsize
The upgrade to the former U.S. Airways hub, which has struggled to meet capacity in recent years, will lower the cost per passenger significantly.
By Hallie Busta • Sept. 14, 2017 -
Material prices continue to rise in August
It's still unclear how demand from repairs needed following Hurricanes Harvey and Irma will impact material prices in the long term.
By Hallie Busta • Sept. 14, 2017 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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