The U.S. Census Bureau announced that construction spending was estimated at a seasonally adjusted annual rate of $1,257.0 billion, 0.8 percent (±1.2 percent) above the revised October estimate of $1,247.1 billion. The November figure is 2.4 percent (±1.5 percent) above the November 2016 estimate of $1,227.0 billion.
Read MoreDay: January 3, 2018
Transportation Advocate Shuster Will Not Run for Re-Election
House Transportation Committee Chairman Bill Shuster (R-Pa.) announced that he’s stepping down at the end of his term. Shuster has long been an advocate for the aggregates industry and transportation issues.
Read MoreNAM’s Timmons Discusses Infrastructure on Fox Business
Jay Timmons, president and CEO of the National Association of Manufacturers (NAM) and chairman of the board of The Manufacturing Institute, discussed infrastructure on Fox Business.
Read MoreLaHood Calls for Infrastructure Plan
Jan. 3, 2018 – Ray LaHood, former U.S. Secretary of Transportation and the current co-chair of the bipartisan advocacy group Building America’s Future, wrote a column for Newsweek calling for support for a common-sense infrastructure plan. “In order to address the dire condition of our infrastructure and start creating jobs, we need a bipartisan and strategic plan that provides long-term funding,” he wrote. “Revitalizing…
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