The value of new construction starts in September dropped 5% from the previous month but show an annual gain of 12%, according to Dodge Data & Analytics.
House Transportation and Infrastructure Committee leaders have unveiled a proposed transportation bill that would authorize $325 billion over six years, but the proposal has a big hole: at best it would have just three years' actual funding.
Construction spending rose slightly in August from the previous month’s level, but posted a double-digit gain year over year, the U.S. Census Bureau has reported.
The U.S. Environmental Protection Agency has tightened its standard governing ozone levels to 70 parts per billion from the current 75 ppb, a move that sparked strong criticism from industry groups and only modestly positive comments from environmentalists.
Construction’s unemployment rate dropped again in September from August’s level and also was down sharply from its year-earlier rate, the federal Bureau of Labor Statistics has reported.
A wide-ranging plan to restore damaged Gulf Coast wetlands and other environmentally sensitive areas has received a boost with oil giant BP’s agreement to pay federal, state and local governments $20.8 billion to resolve civil claims stemming from its massive 2010 Gulf oil spill.
A federal appeals court has blocked an Army Corps of Engineers-Environmental Protection Agency rule that aimed to clear up the murky definition of which bodies of water fall under federal regulation.
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