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Tag: federal construction
Roadbuilding
Congress passes spending bill; cuts billions from federal construction accounts
Two days after the legislation was passed by a tight vote in the House, the Senate passed a $1.1 trillion spending bill Saturday night that includes both good and bad news for federal construction accounts in 2015. The bill keeps the government funded through September, when the fiscal year ends. The Senate passed the spending […]
December 15, 2014
Business
Construction spending up 0.6% in July to highest mark since June 2009
Construction spending in the U.S. rose 0.6 percent in July despite more decreases in government spending, according to preliminary data from the Commerce Department. Total construction spending rose to $900.8 billion in July thanks to gains in both housing and nonresidential projects. That’s the highest spending total since June 2009 and bests the July 2012 […]
September 3, 2013
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