Economic trends: Page 23

Roadbuilding

Granite Construction awarded $24M stimulus-funded reconstruction project

Fear has arisen that the economy will continue to stall, especially in the transportation sector, as much of the American Recovery and Reinvestment Act (ARRA), a.k.a. “the stimulus” funding has already been awarded. Although there was talk of a second stimulus bill, there is currently nothing in the works. But if California — often the […]

December 10, 2009

Roadbuilding

Portland Cement Association: Residential, nonresidential sectors likely to remain weak

Although recent economic news and activity may suggest a technical end to the “Great Recession,” the conditions facing the construction industry are likely to remain weak for another year or more, causing a drag on cement consumption, according to the most recent economic forecast from the Portland Cement Association (PCA). PCA expects 2009 will represent […]

December 3, 2009

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November 1, 2025

Roadbuilding

Nearly $5 billion spent in DOT stimulus spending

The Department of Transportation by Oct. 23 had approved $30 billion in project spending under the stimulus law, and cut checks totaling $4.85 billion, according to a report in the Journal of Commerce. That payout level was up from $3.65 billion at the end of September, DOT said, and reflected weekly disbursements in the range […]

November 12, 2009