Business

RSS

While rates remain low, builders are “more cautious in their hiring,” says economist Bernard Markstein.

Intel Corp. is again slowing the speed of construction of two $28-billion semiconductor fabrication plants in central Ohio.

Joe Cunningham, 48, a member of Laborers union Local 310, was trapped under a forklift and died at the project site, with federal OSHA now investigating the accident.

While development of one federal science-based database has resumed, many public-facing agency websites with climate and weather information have been disabled. 

London-based construction and services firm has promoted an internal executive and says it expects to return to profitability next year.

ENR spoke with MTA's deputy chief for policy and external relations about the rollout of the congestion pricing program earlier this year and what lessons the agency has learned from it over the last few months.

The project cost has increased from $1.9 billion to $2.5 billion but there are other factors behind the Trump administration's concerns.

A critical phase in the final part of a $274-million project.

Associated Builders and Contractors Chief Economist Anirban Basu cites labor shortages, tariffs as continuing industry challenges while construction spending slows amid caution and the end of Biden administration funding.