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|July 13, 2022||Commercial Construction Hits Recession||
Rising interest rates, supply chain issues, and construction material costs are contributing to an emerging recession.
According to some contractors, developers are delaying projects recent ...Read more
|May 3, 2022||House Republicans Introduce Bill to Reform SBA||
Led by Rep. Blaine Luetkemeyer, all Republicans on the House Committee on Small Business introduced the IMPROVE the SBA Act.
While focusing on accountability in regards to coronavirus relief ...Read more
|April 19, 2022||Port of Long Beach $1.5b On-Dock Rail Gets Environmental Greenlight||
Pier B at the Port of Long Beach will soon be getting an on-dock rail in addition to other rail projects.
The US Maritime Administration issued its final environmental impact statement (EIS) ...Read more
|March 7, 2022||Russia-Ukraine War Cause Oil, Cargo Prices to Soar||
Rising oil prices are barely worth a headline since the pain at the pump is acutely felt by nearly every American. But the side effect of cargo costs is something many may have not noticed… yet.< ...Read more
|February 3, 2022||SBA Announces New Funding for Minority-Serving Institutions||
SBA Administrator Isabella Guzman announced $1.5 million for Women’s Business Centers to help train entrepreneurs ahead of the release of funds through the Bipartisan Infrastructure Law. The fund ...Read more
|January 10, 2022||Senators Push New Small Bizz Bailout as Omicron Surges||
Senator Ben Cardin (D-MD), who is the head of the Small Business Committee, is teaming up with Roger Wicker (R-MS) to push a new bill to provide additional relief to the restaurant industry and oth ...Read more
|January 7, 2022||US Adds 22,000 Construction Jobs in December||
A new analysis by the Associated General Contractors of America shows that 22,00 construction jobs were added to the economy from November to December.
Total construction employment totaled 7 ...Read more
|December 20, 2021||Inflation Forces Nearly Half of Small Businesses to Seek Loans||
The US Chamber of Commerce’s quarterly Small Business Index shows supply chain and inflation as key issues facing small businesses.
While optimism is higher among small business owners than ...Read more
|December 13, 2021||Unions, Contractors & Business Groups Hammer NYC Vaccine Mandate||
Right off the bat, when New York City Mayor Bill de Blasio announced on December 6 “a first in the nation measure” to mandate vaccination for private sector workers “across the board,” ther ...Read more
|November 30, 2021||USDOT Loans $338.6m for Chesapeake Bay Bridge Tunnel||
The loan will partially finance the construction of the 5,700-foot Parallel Thimble Shoal Tunnel, which is part of the Chesapeake Bay Bridge Tunnel (CBBT) crossing.
The Parallel Thimble SHoal ...Read more