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Tag: Stimulus funding
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Stimulus funds boost construction spending
Construction spending rose to $869 billion between March and April this year thanks to stimulus funds, according to an Associated General Contractors of America (AGC) analysis of the Census Bureau’s latest spending figures. Total construction spending rose by 2.7 percent, or $23 billion, over the month according to Census Bureau data released June 1, 2010. […]
June 16, 2010
Roadbuilding
Stimulus funds boost April’s construction spending numbers
Construction spending rose to $869 billion between March and April this year thanks to stimulus funds, according to an Associated General Contractors of America (AGC) analysis of the Census Bureau’s latest spending figures. Total construction spending rose by 2.7 percent, or $23 billion, over the month according to Census Bureau data released June 1, 2010. […]
June 15, 2010
Roadbuilding
The feast and famine of road repairs
It’s either feast or famine. After several years of minimal maintenance and street resurfacing in the Chicago area because of state funding shortfalls, dozens of projects were carried out last year because of stimulus funding. And about 45 miles of road projects are slated for resurfacing this year, according to the Chicago Department of Transportation […]
March 30, 2010
Roadbuilding
Feature Article: The coming hangover
Money from ARRA will run out or largely be exhausted by the end of this year. States are facing a worrying few months because without help from Washington the end of those funds could trigger more disturbing budget cuts.
March 1, 2010
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AGC: Stimulus money moving much too slow
Hailed just months ago as the savior of the construction industry, the American Recovery and Reinvestment Act (aka the stimulus bill), is now characterized as disappointingly slow. That’s the word from Stephen Sandherr, CEO of the Associated General Contractors of America, who said in a press conference today: “With construction employment at almost double the […]
January 15, 2010
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