The Liberal Trudeau government’s proposal to harness private investment dollars for public-works projects through a national infrastructure bank is being praised as a good first step, but the devil will be in the details, industry experts caution.
LaMont Wells, former president and chairman of federal defense and intelligence consultant Technology Management Associates, joined AECOM’s management services group as executive vice president in Germantown, Md.
The value of new construction starts slipped 2% in September to a seasonally adjusted annual rate of $703.7 billion, according to Dodge Data & Analytics.
Trump’s unexpected election is having little impact on next year’s construction market forecasts: The fundamentals are strong and already in place. The year to watch is 2018.
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.