Half of Cuts in Federal Budget Compromise Come Out of Construction
After several long weeks of negotiations, the White House and House Republicans announced in the late hours of April 8 that they have agreed on a $1.208 trillion spending package for the remainder of FY 2011.
ForConstructionPros.com – 4/18/2011
Construction to Stabilize, Equipment to Stagnate, Report Says
Unemployment in the construction industry, which hit 21 percent in December, should start to stabilize this year, while demand for related equipment will remain stagnant, an industry report said.
Bloomberg – 1/25/2011
Private Nonresidential Construction Spending Slips in November 2010
Despite increased spending on federal projects and residential construction, private nonresidential construction spending fell 0.1 percent in November, according to the January 3 report by the U.S. Census Bureau.
Compact Equipment Online – 1/4/2011