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Date/Time | Title | Description |
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March 22, 2023 | Market Uncertainty Could Harm Construction Industry | The recent closure of Silicon Valley Bank and Signature Bank in the United States, and UBS-Suisse Credit deal has shaken the global economy. Contractors and other associated construction sector fou ...Read more |
March 21, 2023 | Black-Owned Firms Grow but Face Historical Disparities | One survey of over 170 North American commercial real estate firms found that 65% were owned by white Americans, while only ...Read more |
February 22, 2023 | Kiewit Corporation Building Eight Massive Government Projects | Kiewit Corporation is one of North America's biggest privately held construction and engineering firms. It is based in Omaha, Nebraska, and was founded in 1884. The company undertakes numerous cont ...Read more |
February 20, 2023 | Balfour Beatty Receives $242m for U.S. Route 70 in North Carolina | U.S. Route 70 in North Carolina is getting an upgrade that will bring it up to par with top-notch interstate roadways. UK-based contractor Balfour Beatty's Southeast U.S. division has won the ...Read more |
February 8, 2023 | Capital Construction Received Largest Percentage of ARPA Funds | In 2021 congress put $198 billion into the American Rescue Plan Act (ARPA), which at the time was also known as the Covid-19 stimulus package. Of this, $173 billion has already been allocated ...Read more |
January 26, 2023 | Pentagon Can't Account for $220b Given to Contractors | One wing of the government that rarely faces budget cuts is the Department of Defense, headquartered at the Pentagon. Even as the nation's infrastructure is underfunded, with ...Read more |
January 25, 2023 | The Top 5 Most Difficult Construction Jobs to Fill | Labor shortage have been plaguing the American construction industry for the past few years. The Bipartisan Infrastructure Law has brought in $550 billion in government infrastructure investment, c ...Read more |
December 22, 2022 | NYC City Housing Authority To Be Allotted $4b Annually | Affordable housing remains a challenge in the Big Apple. New York rents range from $3,150 for a studio to $6,995 for a 4-bedroom. All currently available listings have a median price of $4,00 ...Read more |
December 7, 2022 | Rising Diesel Prices Being Felt By Contractors | Gas prices have been in the news since they skyrocketed in the first half of the year. The national average reached $5 per gallon in June. Prices in some areas of the country exceeded $6 per gallon ...Read more |
November 2, 2022 | US Residential Construction Enters Slump | The decline in US home construction during the third quarter is being felt, as rising mortgage rates hammer demand. Residential investment fell by 26.4% annually during the period, marking th ...Read more |