Lucy Perry – CEG CORRESPONDENT - Wed March 08, 2023
Assessing Your Assets: Now Is Good Time to Optimize Fleet
With the bipartisan IIJA committing hundreds of billions to fund infrastructure projects over the next five years, now is the time for contractors to assess off-road fleets and start shopping for machine upgrades....
Capitol Beat News Service - Mon July 25, 2022
Inflation Forced GDOT to Reject 12 Project Bids Due for Lettings in August
Inflation is having a negative impact on the construction schedule for the Georgia Department of Transportation (GDOT), the Capitol Beat News Service in Atlanta reported July 24. The agency has rejected bids on 12 projects that had been due for letting in August, Meg Pirkle, GDOT's chief engineer, told members of the State Transportation Board July 21....
IED and CEG - Wed March 30, 2022
IED Welcomes Charlie Dougherty to Discuss 2022 Forecast
The Illinois Equipment Distributors (IED) kicked off the new construction season with its 2022 Construction Equipment Forecast meeting March 24 at Venuti's Italian Restaurant in Addison, Ill. Charlie Dougherty, vice president and economist of Wells Fargo's Corporate and Investment Bank, was guest speaker....
Lucy Perry – CEG CORRESPONDENT - Thu January 27, 2022
Contractors Strategize How Best to Fill Job Openings
Two big construction industry outlook reports released in early January show promising construction industry stats where workforce is concerned. The supply-chain issues and labor shortages continue, yet respondents to both surveys said they plan to hire and increase staff this year....
AGC - Tue December 28, 2021
Texas Among Top States in Construction Jobs, Growth: AGC
People seeking employment in the construction industry are often curious where the best jobs are. Obvious data like wages, job openings and projected growth play into that analysis. Many other factors also play a role in attracting construction workers, including competition for job openings, cost of living and quality of life....
Lucy Perry – CEG CORRESPONDENT - Mon November 15, 2021
President Biden Signs $1.2T Infrastructure Bill — Here's What's in It
U.S. construction stands to gain mightily now that President Joe Biden has signed the $1.2 trillion bipartisan Infrastructure Investment and Jobs Act into law. But the industry's collective sigh of relief may become nervous tapping as it prepares for work on much-needed infrastructure projects....
BDC Network - Tue November 02, 2021
AGC: Utah Adds Most Construction Jobs Since Pandemic
Only 14 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020, according to a new analysis of federal employment data released by the Associated General Contractors of America....
Lucy Perry – CEG CORRESPONDENT - Wed October 06, 2021
Facing, Recovering From Economic Perfect Storm
The construction industry is doing its level best to deal with a rare triple punch: Unusually high and rising materials costs, a massive supply-chain bottleneck and decreasing demand for projects. The ripple effect of these challenges could weaken the contractor community, but a heavy dose of cooperation and communication is helping many to navigate the challenges....
AEM - Mon September 13, 2021
2021-2022 Construction Economic Forecast
The pandemic effectively ended the longest period of expansion in the U.S. economy since World War II and is negatively affecting many industries, weakening the economy, decreasing GDP and causing a lot of uncertainty in the markets....
Lori Tobias – CEG Correspondent - Thu September 09, 2021
Maine-Based AIT Bridges Discusses Infrastructure Bill
Hailed as the largest long-term investment in the nation's infrastructure in nearly a century, the $1.2 trillion Bipartisan Infrastructure Framework covers funding for a broad range of future projects, none the least of which is the $109 billion for the nation's surface transportation system....
AEM - Tue September 07, 2021
Construction Equipment Economic Outlook: Stability is on the Horizon
Fiscal stimulus has played a pivotal role in helping the U.S. economy recover. Over the next couple of years, though, additional proposals carry a lot of potential for the construction industry in particular....
