Construction Industry News: April 7, 2019

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. 

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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.

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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.

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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.

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