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Housing Starts Decline, Permits Rise in August

Nationwide housing starts declined 5.0 percent to a seasonally adjusted annual rate of 571,000 units in August, according to figures released by the U.S. Commerce Department. The decline was primarily on the more volatile multifamily side, with single-family housing production edging down just 1.4 percent. Meanwhile, permits for new construction posted modest gains in both sectors.

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New Report Highlights Mounting Challenge of Aging Bridges

One in nine of the bridges and overpasses American drivers cross each day is rated in poor enough condition that they could become dangerous or be closed without near-term repair, according to a report released by Transportation for America.

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Obama Visits Ohio Concrete Plant, Talks Transportation Funding, Jobs

HilltopCrowdWith the rickety, steel-trestle Brent Spence Bridge as a backdrop, President Obama told a September 22 gathering at Hilltop Concrete’s downtown Cincinnati plant, “We used to have the best infrastructure in the world. We’re the country that built the Intercontinental Railroad, Interstate Highway System, Hoover Dam [and] Grand Central Station.”

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CEOs: Congress Must Pass Robust Transportation Bill to Rebuild America

The CEOs of 20 major U.S. corporations called on Senate and House leaders to pass a robust multi-year surface transportation bill to create jobs and rebuild America. These business leaders all agree, “There is certainly no singular solution to remedy the nation’s economic challenges, and we understand the need to rein in and prioritize spending.

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Congress Keeps Transportation Construction Dollars Flowing

House and Senate leaders reached an agreement Sept. 9 to extend surface transportation and aviation programs. The House passed the extensions Sept. 13 by voice vote.  On Sept. 15, the Senate approved the Surface and Air Transportation Extension Act of 2011 (H.R. 2887).

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