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Chao would play important role in developing and promoting Trump's promised plan to step up infrastructure investment.

The nonresidential building sector pulls back after a strong September.

As the incoming Trump administration looks for ways to fund its massive $1-trillion infrastructure plan, it could find answers by looking toward the states—in particular, Colorado, California and Oregon.

The ink barely had dried on this year’s batch of construction market forecasts when economists had to take a second look at their numbers to evaluate the impact of Donald Trump’s victory in the presidential election, which brought with it a Republican-controlled Senate and House.