Total February spending up 1%, highway segment up 9.5%
February construction spending was up 1% from January to a seasonally adjusted annual rate of $1.3 trillion, according to the latest report from the U.S. Census Bureau. This most recent spending figure represents a 1.1% increase over the February 2018 number. Combined spending for January and February was just shy of $182 billion, 1.4% more than the first two months of 2018.
Clark rebuilds century-old DC tunnel despite pitfalls
Clark-Parsons not only demolished and rebuilt the underpass, but handled contentious environmental and community challenges, kept trains running throughout construction and finished ahead of schedule.
Markets Still Remain Strong, But Execs Fear 2020 Vision
The construction market is enjoying a decade of steady growth, and most sector executives don’t see an immediate cause for concern. But there is a growing sense of unease that the U.S. economy is softening, which could put an end to the industry’s expansion.
Construction Begins on $105.5-million Underpass Project in Pico Rivera
The San Gabriel Valley Council of Governments (SGVCOG) recently kicked-off construction on the $105.5-million Durfee Avenue Grade Separation Project in the city of Pico Rivera, about 13 miles southeast of Los Angeles.