Keep up-to-date on the latest economic trends affecting the heavy, highway and non-residential construction industry from the editors at Associated Construction Publications
Turbulent Quarter Ends With Rally By Margot Crabtree, Trade Trends, 5/12/2008
Stocks endured their worst quarter in five and a half years, as Wall Street sought to integrate credit woes, high oil prices, job losses, and continued weakness ... More
Stimulus Package Provides Opportunities Staff - 04/21/2008
On February 13, President George W. Bush signed H.R. 5140, The Economic Stimulus Act of 2008. To address short-term economic uncertainties, this act is expected to put money back into the hands of American workers and business, spurring future growth. In total, the impact of the stimulus package amounts to more than $152 billion, or about 1 percent of gross domestic product (GDP).
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Editor's Report By Liz Moucka - 04/21/2008
You may be saying "I'm just the contractor. I don't care where the money comes from, just as long as I get paid." Recently, a lot of contractors have started worrying about where the money comes from when TxDOT (Texas Department of Transportation) suddenly began pulling projects from their February, March and April highway lettings.
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Construction Faces Tumultuous Year, Says AGC Economist Staff - 04/14/2008
Nonresidential construction will experience wide variance in demand, materials cost and labor availability, according to the Construction Inflation Alert released recently by the Associated General Contractors of America (AGC). In the report, AGC Chief Economist Ken Simonson says that in 2008 some nonresidential segments, including power and energy, will continue to grow, but that others, such ...
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$1-Billion Upstate New York Revitalization Plan Staff - 04/07/2008
A broad-based community coalition of more than 100 business, labor and agricultural organizations from throughout Upstate New York has endorsed the proposed $1-billion Upstate Revitalization Fund. The endorsements highlight the growing momentum, spearheaded by Sandy Parker of the Rochester Business Alliance, behind the Revitalization Fund.
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Wisconsin Dept. Of Revenue Economic Outlook Staff - 03/24/2008
Wisconsin residents will receive an estimated $2.1 billion in federal economic stimulus payments, according to a special report in the state Department of Revenue's quarterly economic outlook. A total of 2.4 million federal rebates, averaging $877, will be issued to Wisconsin residents, boosting consumer spending in the third and fourth quarters of 2008.
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Two Keys to Jump-Start Your Economic Engine In 2008 Loren Faulkner - 03/21/2008 Editor’s note: based on the reported volume of sales during the recent Conexpo-Conagg show, it would seem that a lot of contractors have decided to take advantage of the opportunities afforded by the package. Not many are complaining about the personal tax rebate that most taxpayers will have received in 2008 with ESA. The plan is to ...
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JCB Hosts Inaugural Roadshow At Savannah Factory Contractors and other industry representatives from throughout the region converged on the JCB factory in Savannah for the first of several JCB Roadshows scheduled for various locations.
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