Economics
Construction unemployment now at 27.1 percent
March 05, 2010
The construction unemployment rate jumped to 27.1 percent and construction employment dropped to a 14-year low as another 64,000 construction workers lost jobs in February, according to federal employment figures ...
House passes $15 billion jobs bill, extends SAFETEA-LU through Dec. 31
March 05, 2010
The House on March 4 passed a $15 billion jobs bill by a vote of 217 to 201 that that would give tax breaks to companies for hiring new employees, ...
Highway, transit shutdown ends with enactment of one-month extension
March 03, 2010
The Senate approved a bill Tuesday night to extend legal authority for the Highway Trust Fund for 30 days, sending the legislation to President Barack Obama, who has now signed ...
Biden announces states meet deadline for 100 percent of stimulus funds
March 01, 2010
States head into spring construction season with more than 12,000 Recovery Act projects funded, nearly 7,800 already underway
CLERMONT, Fla. – At a RecoveryAct construction site outside Orlando today, Vice President ...
U.S. DOT furloughs to shut down critical construction projects
March 01, 2010
The Department of Transportation will furlough nearly 2,000 employees without pay Monday, temporarily shutting down highway reimbursements to states worth hundreds of millions of dollars, national anti-drunk driving efforts, and ...
House passes voice vote on 30-day extension of Highway Trust Fund, other programs
February 26, 2010
Unable to reach agreement on Feb. 25 on the Senate long-term extension of the highway program, the House by voice vote passed a 30-day extension of several programs including the ...
LaHood awards nearly $10 million in training grants for minority, women-owned businesses
February 25, 2010
U.S. Transportation Secretary Ray LaHood today announced $9.9 million in grants to provide training and other services to minority- and women-owned businesses in 33 states to help them compete for ...
Granite Construction Q4 2009 results: Revenue down 27%, net income down 40% but balance sheet strong
February 25, 2010
Watsonville, Calif. -based Granite Construction Inc. on Feb. 24 reported it's fourth-quarter 2009 quarterly and full-year earnings, showing that the major construction company hasn't escaped the recession unscathed but it's still ...
House Passes Pay-As-You-Go (PayGo) legislation
February 22, 2010
The House of Representatives voted on Feb. 4 to restore a "common sense" spending law that helped eliminate budget deficits in the 1990s.
The Pay-As-You-Go Act of 2010 (H.J. Res. 45) ...
Nevada obligates all $201 million stimulus funds
February 09, 2010
The Nevada Department of Transportation has obligated all $201 million of its American Recovery and Reinvestment Act Highway Funds, one month ahead of schedule.
Of the $201 million that Nevada received ...
Volvo CE and VT LeeBoy finalize strategic alliance
February 09, 2010
Volvo Construction Equipment and VT LeeBoy have finalized a strategic alliance agreement for LeeBoy to supply certain pavers and road wideners to Volvo dealers under the Blaw-Knox brand. LeeBoy will ...
Vulcan releases 4th-quarter results
February 08, 2010
Vulcan Materials Company announced results on Feb. 8 for the fourth quarter and full year ended Dec. 31, 2009.
For the full press release, including tables and a breakdown of earnings, ...






