With no infrastructure plan passed by the Trump administration so far in 2017, the industry looks to single-family housing and warehouse construction to boost next year’s figures
Major specialty contracting firms in the New York-New Jersey region appear to be benefiting from the still strong metro area building construction market, with revenue for the 10 largest firms on this year’s regional list up nearly $1 billion, to $2.97 billion.
At Nov. 2 event, Dodge chief economist Robert Murray noted a 3% bump for 2018, down from 4% this year. He cited a "mature stage" of construction expansion.
Commuters and travelers who cross the Hudson River by transit into New York City hope a just-finished track upgrade at Penn Station will improve recent delays, derailments and other malfunctions.
To combat rising waters and storm surge in Atlantic City, N.J., the U.S. Army Corps of Engineers is building a $34-million seawall-like project—the Absecon Inlet Coastal Storm Damage Reduction Structure.