Industry praises combination of tax "extenders" and $1.1 trillion in spending, including huge increases for GSA, VA construction and solid hikes for DOT, DOD programs.
Dodge Data & Analytics says last month's projected new-project volume fell 5% from October's rate but January-November total climbed 8% from the year-earlier period.
Construction industry officials have found much to like in the new Fixing America’s Surface Transportation Act, not the least because it was signed into law, extends for five years and is fully funded.
Environmental advocates are holding out hope that 150 world leaders and 40,000 delegates at climate talks—held in Paris on Nov. 30- Dec. 11—can reach a binding agreement to hold average global temperatures to an increase of less than 2° C, the level scientists say is necessary to prevent irreversible changes to the earth’s ecosystems.
States’ fiscal year 2015 expenditures on capital projects, including construction, rose 3%, to an estimated $98.2 billion, the National Association of State Budget Officers has reported.
