Economy: Page 41
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Chao: Private investment will give states priority access to federal dollars
In a meeting with city and state officials this week, the transportation secretary shared more details on the administration's expected infrastructure spending plan.
By Kim Slowey • Sept. 1, 2017 -
AL eyes private sector for $850M Mobile bridge
In addition to a public-private partnership, state transportation officials are considering tolling, federal grants and gas taxes to finance the six-lane bridge.
By Kim Slowey • Aug. 30, 2017 -
AGC: 70% of contractors are having trouble finding skilled labor
Companies are adding overtime, increasing reliance on subcontractors and employing new technology to reduce the load.
By Kim Slowey • Aug. 30, 2017 -
Seattle light-rail project $500M over budget, behind schedule
The price tag for the extension to Lynnwood, WA, has grown to $2.9 billion due to rising real estate prices and increased construction costs.
By Kim Slowey • Aug. 28, 2017 -
IA to give Apple $208M in tax breaks for $1.3B data center
Local officials are banking on the project to fuel economic expansion in the rapidly growing rural community.
By Kim Slowey • Aug. 28, 2017 -
Dodge Data: Construction starts rise 6% in July
Public works activity drove the monthly increase in starts values while hotel and office construction fell back after a strong showing in June.
By Kim Slowey • Aug. 23, 2017 -
Architecture billings climb for the sixth-straight month in July
The commercial/industrial segment buoyed the rise in demand for design services, according to the American Institute of Architects' monthly index.
By Mary Tyler March • Aug. 23, 2017 -
JLL: Don't count out suburban office markets
New supply should stabilize rents and increase vacancy rates slightly over the next few years, according to a quarterly report from the consulting firm.
By Kim Slowey • Aug. 22, 2017 -
Canada's new infrastructure bank could fund Pacific Northwest high-speed rail
Washington and Canadian officials have been discussing a potential regional rail line connecting Vancouver, British Columbia, to Portland, OR.
By Kim Slowey • Aug. 17, 2017 -
Housing starts fall back in July
The continued cooldown in multifamily contributed to a weak monthly report, which also saw a drop in building permits issued from June.
By Mary Tyler March • Aug. 16, 2017 -
Alair Homes
Builder confidence bounces back in August
Prospects are looking up as economic growth strengthens and attractive mortgage rates fuel demand for single-family homes.
By Mary Tyler March • Aug. 15, 2017 -
Canadian paper products maker plans $400M GA plant
Georgia is among a host of U.S. states rolling out the red carpet to foreign and domestic manufacturers to join or grow their presence in the state.
By Kim Slowey • Aug. 11, 2017 -
Pixabay
Infrastructure spending hits record lows in 2016
There is no shortage of big infrastructure plans — just the funding to execute them, as more than half of all states spent less on such work in 2016 than in 2007.
By Kim Slowey • Aug. 10, 2017 -
Tesla
Tesla installs first Solar Roof systems — on employees' homes
Co-founder Elon Musk says he has already outfitted his roof with the system and plans to roll out the product to more employees for testing and observation.
By Mary Tyler March • Aug. 9, 2017 -
IN offers $3.6M incentive package for $2.8B fertilizer factory
Former Gov. Mike Pence opposed financial incentives for Midwest Fertilizer to build a factory in the state, but the new leadership is moving ahead with plans.
By Kim Slowey • Aug. 9, 2017 -
Foxconn walks back statements about potential MI investment
The Taiwanese electronics manufacturer said Michigan is in contention for an autonomous vehicle research facility, but it is still exploring building in that state.
By Kim Slowey • Aug. 8, 2017 -
Toyota and Mazda to build a $1.6B US auto assembly plant
The companies have yet to pick a site for the shared facility, a move that represents more foreign companies bringing manufacturing capacity to the U.S.
By Kim Slowey • Aug. 7, 2017 -
ConstructConnect lowers 2017 starts forecast amid infrastructure uncertainty
The civil engineering sector stands to gain from an expected program of federal infrastructure spending, but limited details so far has made forecasting difficult.
By Kim Slowey • Aug. 7, 2017 -
Construction adds 6K jobs in July as residential fuels growth
The month's employment figures were driven by residential construction, which added 5,100 positions to its payrolls.
By Mary Tyler March • Aug. 4, 2017 -
Report: Crane counts flying high in major US cities
Of the 14 cities Rider Levett Bucknall looked at, the number of cranes declined in only three.
By Kim Slowey • Aug. 2, 2017 -
Sponsored by RICSHow to enhance cost management and overcome the construction labor shortage gap in the US
With increased demand of construction projects, there is a parallel increase in costs for materials, land and also construction laborers and professionals.
Aug. 1, 2017 -
Construction spending falls back in June
Analysts had predicted strong spending growth in 2017, but uncertainty over a federal infrastructure plan has some owners and developers holding out.
By Mary Tyler March • Aug. 1, 2017 -
Los Angeles negotiates deal for 2028 Summer Olympics
The city will see a bigger financial payout from the International Olympic Committee in exchange for agreeing to host the Games after Paris does in 2024.
By Kim Slowey • Aug. 1, 2017 -
Marriott signs $600M development deal for Bethesda, MD HQ
The hotel company had to resolve zoning restrictions in the popular Washington, DC, suburb before it could commit to building there.
By Kim Slowey • July 28, 2017 -
The number of US renter households hits 50-year high
The increase draws attention to the trend toward single-family rentals as well as the push for more and better amenities across the board.
By Hallie Busta • July 28, 2017
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