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PCA Analysis Corrects Corker-Murphy Proposal Projections

Sens. Bob Corker (R-Tenn.) and Chris Murphy (D-Conn.) announced a plan calling for an increase in federal gasoline and diesel taxes to shore up the Highway Trust Fund (HTF) and prevent a potential nation-wide road construction work stoppage. According to initial reports, the taxes will generate $164 billion increase in HTF revenues.

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Britton Industries Expands

Britton Industries' has opened a new location in Philadelphia, expanding its position as a leading producer and supplier of organic mulch, topsoil, leaf compost and crushed concrete products in Central New Jersey and Southeast Pennsylvania. Britton stated it is proud of its 100-percent recovery rate of the recyclable material brought into each of its facilities as there is no leftover material sent to landfills.

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TRIP Releases Oklahoma Report

Oklahoma has been able to significantly improve road and bridge conditions and boost highway safety in recent years, largely through increased transportation funding provided from the state legislature since 2005, reversing a decades-long trend of deteriorating roads and bridges and increasing fatalities.

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Construction Materials Prices Hold Steady

Overall construction materials prices remained flat in May but are up 1.6 percent year over year according to the June 13 Producer Price Index release supplied by the U.S. Department of Labor. Nonresidential construction materials prices fell 0.2 percent for the month but are 1.3 percent higher than at the same time one year ago.

Read more: Construction Materials Prices Hold Steady