Construction Industry News: April 6, 2020
Latest Updates on the Coronavirus Pandemic Coronavirus has struck a heavy blow against the world economy as it forces countries into lockdown with "closed for business" signs, hollows out the…
Latest Updates on the Coronavirus Pandemic Coronavirus has struck a heavy blow against the world economy as it forces countries into lockdown with "closed for business" signs, hollows out the…
Contractors in US' coronavirus-affected areas say it's business as usual COVID-19, the disease caused by the coronavirus, is spreading in parts of the United States. The western region of the…
The most expensive projects on the planet: $175B fuels these 5 jobsites Megaprojects, above all else, are defined by their potential to impact millions of people. While the $1 billion…
Texas Central signs preconstruction contract with Kiewit firm for $20B bullet train Texas Central has signed an early contractor involvement (ECI) agreement with Mass. Electric Construction, a subsidiary of Kiewit Corp., for…
Public Sector Work Will Lead Market in 2020, Industry Economists Say As the market reaches the late stages of the recovery cycle, experts don’t predict an impending downturn in the…
California approves $3.2B bond for Virgin's $4.8B bullet train to Las Vegas The California Infrastructure and Economic Development Bank (IBank) has authorized a $3.2 billion tax-exempt, fixed-rate revenue bond issuance to help…
Oklahoma approves $8B of infrastructure work The commission approved three plans. The largest is the $6.5 billion, Eight-Year Construction Work Plan, which centers around replacing structurally deficient highway bridges, maintaining…
Construction Adds 14,000 Jobs in Aug., Jobless Rate Trends Mixed Construction gained 14,000 jobs in August and the industry’s unemployment rate improved modestly from July’s level but rose slightly year…
The construction industry is still growing, but at the slowest rate in six years The country added 202,000 construction jobs in July compared to the year earlier, according to federal…
DOT Picks Winners for $856 Million in New INFRA Grants The U.S. Dept. of Transportation has selected 20 projects—for highway, bridge, port and rail improvements—to share $856 million in the latest round…
Report: 60% of US construction activity concentrated in 10 states By far, California has the largest share of the pie, with the most projects in number — 1,302 — and value —…
OSHA places blame for FIU bridge collapse on engineer, contractors While all eyes are on the National Transportation Board (NTSB), awaiting its final determination as to the cause of the…