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Worst Year Yet? - 2010 N.Y. Construction Outlook
Several large public projects will continue to move forward in 2010, but with the economy still troubled and financial markets unyielding, private jobs are few.
Categories: Construction & Design
Unemployment Hits 25%
Construction’s unemployment rate soared to 25% in January, up from 18% the previous year, 11% in 2008 and 9% in 2007.
Categories: Construction & Design
Post-Recession Strategy: AEC Firms Choose Paths to Survive, Thrive
While the federal stimulus program has helped many construction industry firms avoid the most immediate, far-reaching and detrimental impacts of the recession, it hardly has been a panacea for all or a substitute for tough strategic decisions.
Categories: Construction & Design
Stimulus Update: Transport Sector Sets Rapid Pace
Transportation agencies have been near the front of the pack in getting ARRA funds out the door. In highways, state DOTs have $16.8 billion in ARRA projects under construction.
Categories: Construction & Design