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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, ...
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