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The construction equipment sector is still working through supply chain issues that bedeviled it in 2021, while an active construction market ikeeps machines in use longer and constrains the flow of used iron into the normal secondary channels.

ENR’s Construction Industry Confidence Index remained steady in Q1, rising slightly to a rating of 61, a one-point bump from the final quarter of 2021. The index had fallen the previous two quarters. 

As the height of the pandemic continues to recede, contractors still face several ongoing issues, including sky-high materials prices and staff shortages. 

Project news from Dodge Data & Analytics.

Operator of most of the state grid announced March 17 a 10-year transmission upgrade plan, specifying 23 projects to accommodate a big boost in planned carbon-free power.

Legislation puts more than $1 billion toward water projects including lead service line replacement and PFAS removal.

New engineering study prices cost up to $250M to bolster very old earthen dikes that are the only defense for a low-lying, critical Nova Scotia-New Brunswick transportation corridor.