Congress has passed a new budget blueprint that would provide relatively modest increases in federal spending for the current fiscal year and the next one. That could provide a boost for construction programs.
A multiyear highway and transit bill—the construction industry’s longtime top legislative priority— is advancing on Capitol Hill, with the House Transportation and Infrastructure Committee’s approval of a six-year, estimated $325-billion measure.
The value of new construction projects fell in September from August’s total but spending for 2015's first nine months continues to run ahead of the year-earlier level, Dodge Data and Analytics has reported.
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.
South Carolina is gradually moving into recovery mode following widespread flooding from an early October storm that dumped as much as 26 inches of rain across the state's midland and coastal areas.
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.
