Tag: Federal spending

Roadbuilding

Highway funding rises in new federal spending bill signed by Trump

The new $1.3 trillion federal spending package approved just before a government shutdown deadline boosts funding for highway programs by 8 percent and triples the funding to the Transportation Investment Generating Economic Recovery, or TIGER, program, according to the American Road & Transportation Builders Association. The appropriations were passed by the Senate after a late-night […]

March 26, 2018

Business

Construction spending dips 1.7% in March due to drop in government building; up 4.9% annually

According to data released by the U.S. Commerce Department Wednesday, construction spending dropped 1.7 percent during March to its lowest mark since August 2012. Following a housing-fueled boost of 1.2 percent in February, construction spending was measured in March at a seasonally adjusted annual rate of $856.7 billion. According to the data, the monthly drop, […]

May 1, 2013

Business

Federal spending cuts crimp economy

Federal spending, infrastructure, construction spending,

July 31, 2012