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Overall, House Appropriations bills total $1.6 trillion, a $45 billion cut compared to 2025 enacted levels.

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. 

Despite ongoing economic uncertainty, ABC members report an increase in construction backlog.

Transportation Infrastructure Finance and Innovation Act loans are now available to assist with up to 49% of eligible project costs. 

The budget reconciliation bill also cuts support for clean energy projects and appropriates funding for some construction projects.

The facility is part of the Port Authority of New York and New Jersey’s $10B Manhattan bus terminal upgrade

Residential and non-residential spending both experienced yearly and monthly declines, according to the U.S. Census Bureau.

The bill, passed with the vice president's tie-breaking vote, phases out tax credits for EV charging infrastructure next year and for wind and solar projects finished after 2027—but a new clean energy tax is cut, nuclear power gets added incentive and contractors gain a desired tax break

The $18.5-billion capital investment plan also includes funds for MBTA power system upgrades, a multimodal transportation project, interchange improvements and bridge projects. 

U.K.-based energy and industrial services firm extends deadline for a firm offer from UAE-based Sidara or an end to discussions, as an audit of its accounting and corporate governance moves toward completion.