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Tag: stimulus: Page 4

Stimulus funds its 6,000th project; LaHood lauds as as ‘major milestone’

The American Reinvestment and Recovery Act (ARRA), a.k.a. the stimulus, has funded its 6,000th highway project mark with a $44.5 million project near Phoenix. The project will widen the route between State Route 303 and 99th Avenue, which serves an estimated 45,000 vehicles daily, from four lanes to six, according to the U.S. DOT. In addition, […]

January 15, 2010

What Would Rep. Mica do?

Interested in what Rep. John L. Mica (R-FL), the Republican Leader of the U.S. House Transportation and Infrastructure Committee, has to say?He’ll give a keynote speech entitled “Confusion Reigns for Nation’s Transportation and Stimulus Projects” during Thursday’s session of the 12th annual Transportation and Infrastructure Summit in Irving, Texas. Rep. Mica’s office released a press […]

January 15, 2010

White House: More jobs in construction as recession lessens

Maybe things are finally looking up. Despite the stimulus money that has been allocated, employment levels are still pretty dismal and layoffs continue. However, the White House’s Council of Economic Advisers says it expects the economy to produce more jobs in the health care, education, transportation, construction and clean energy sectors as the U.S. emerges from […]

January 15, 2010

California Transportation Commission allocates $463 million to create jobs, improve aging transportation infrastructure

The California Transportation Commission (CTC) yesterday allocated $463 million to 87 transportation projects statewide. The money awarded includes $346 million from Proposition 1B, the $19.9 billion transportation bond championed by Governor Schwarzenegger and approved by voters in 2006, and $3.3 million from President Obama’s American Recovery and Reinvestment Act of 2009 (Recovery Act). “This investment […]

January 14, 2010

Construction Equipment

Caltrans allocated $139 million for transportation, $2 million from stimulu

The California Transportation Commission allocated $139 million to improve the state’s transportation system and provide further support for the state’s economy. The allocations include $2 million in federal stimulus funding from the American Recovery and Reinvestment Act of 2009. The remaining $137 million in allocations came from assorted transportation accounts funded by state and federal […]

January 12, 2010

New York pinched pennies with stimulus money, results in 34 new projects

Given the current economy, it seems like everyone is trying to make the most with the least. We’re all stretching our pennies, and the State of New York is no exception. According to a report in The Business Review (Albany), New York has saved enough money in awarding federal stimulus money that it can finance […]

January 12, 2010

DOT recovery spending hits $3 billion but rail money still to come

Federal transportation construction programs spent $3.145 billion through Sept. 18 on highways, bridges and other repairs ranging from transit systems to airports to inland ports and railroads, according to a report in the Journal of Commerce online edition. For more information from the official Website on stimulus money spending, go to www.Recovery.org.

January 12, 2010

The construction industry says, ‘We’re not gonna take it!’

At Chicago’s Soldier Field Today (Home of the Chicago Bears football team) local business leaders, laborers and construction workers rallied in a caravan of construction equipment to urge the federal government to stop job loss and to move quickly on the reauthorization of SAFETEA-LU. A caravan of idle construction equipment including a motor grader, rough terrain […]

January 11, 2010

The good news: Transportation stimulus projects reach 10K; The bad news: We’re still without a highway bill and guaranteed funding

From ConstructionPundit’s sister blog, The Roadologist: The Department of Transportation has jumpstarted more than 10,000 transportation projects across the United States with stimulus dollars, U.S. Vice President Joe Biden and Transportation Secretary Ray LaHood announced today. As of the announcements, state agencies reported a total of 10,041 projects had been approved. “Just nine months […]

January 11, 2010

Put on your battle gear–2,000th stimulus transportation project underway

Looks like things are moving along with the stimulus package and highway construction. But get ready for battle. President Barack Obama today announced funding for the 2,000th transportation project under the American Recovery and Reinvestment Act (ARRA). But securing funding for these projects is apparently intense competition. Think The Ohio State University vs. University […]

January 11, 2010

All U.S. states, territories commit half of stimulus money ahead of schedule

It looks like the constructoin has its work cut out now that more than half of the highway funds through the stimlus have been obligated. Vice President Joe Biden and Transportation Secretary Ray LaHood today announced that transportation projects funded under the American Recovery and Reinvestment Act (ARRA), a.k.a. the stimulus plan, are in high […]

January 11, 2010

Construction Equipment

AGC: Stimulus will fund 650K construction jobs, 300K for materials and equipment

The economic stimulus is supposedly set to fund 650,000 construction jobs and another 300,000 in materials and equipment supply, according to the Associated General Contractors of America (AGC). That’s great news. But at least 1.8 million construction workers are currently jobless and unemployment in the industry had reached 19.2 percent as of January 2009, according […]

January 10, 2010

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