Convention Keynote Speaker Warns of ‘Sensitive Moment’ in Economy
By John Schneidawind, vice president, public affairs, ARTBA The economic downturn caused by the COVID-19 pandemic has devastated world economies in ways unlike previous slowdowns, former Federal Reserve economist David Wilcox said in his Oct. 19 keynote address to...
State & Local Government Contract Awards Down in August
By Dr. Alison Premo Black, chief economist, ARTBA The value of state and local government transportation contract awards dropped to $6.7 billion in August, from $8.4 billion in August 2019, a 20 percent decline. The August average for 2017-2019 is $8.4 billion. ...
July Value of Highway & Pavement Construction Work Up 9 Percent
By Dr. Alison Premo Black, chief economist, ARTBA The value of highway construction work reached $9.12 billion in July, up from $8.35 billion in July 2019, according to U.S. Census Bureau data. Airport runway, railroad, and subway and light rail construction values...
State & Local Government Contract Awards Down as Fiscal 2021 Begins
By Dr. Alison Premo Black, chief economist, ARTBA The 2021 fiscal year is off to a slow start as state and local governments awarded $6.7 billion in transportation contract awards in July, down from $11 billion in July 2019. The July average for 2017-2019 is $9.6...
Highway Construction Employment Increased in June as Work Continues
By Dr. Alison Premo Black, chief economist, ARTBA Highway, street, and bridge contractors added 13,700 jobs to their payrolls in June compared to May as the summer construction season got underway. This was in line with job gains in June 2019. Employment data for...Advertisements:
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