New Report Calls For Modernizing and Expanding Key Texas Highways

Increasing traffic levels, a lack of connectivity between urban and rural areas, and a lack of adequate safety features are among the challenges faced on Texas’ rural transportation system, according to a new report from TRIP, a national transportation research nonprofit based in Washington, D.C. The TRIP report, “Keeping Rural Texas Connected,” examines the safety, reliability and connectivity of the…

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How The Housing Slowdown Affects GDP

Look, there is no sugar-coating this, the housing market is really slowing down because of the action the Fed is taking to tame inflation. Interest rates are on the rise, and that has served to tamp down a tremendously overheated housing market that was starting to look eerily similar to the tulip mania craze of the 1600s in Holland, when…

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Job Growth Continues to Explode

An email appeared in my inbox from the homeowner’s association that runs our subdivision, and it was a forward from the trash hauling company that services our community. They announced they were suspending the collection of recycling until further notice due to an acute shortage of drivers and helpers, so they could focus on the more essential task of collecting…

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The Economic Boom I Expected

Last month, I wrote about the housing boom that I had been predicting, and since then, the National Association of Realtors released a report stating that construction of new housing in the past 20 years fell 5.5 million units short of long-term historical levels and called for a “once-in-a-generation” policy response. But a booming housing market rife with shortages is…

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New Study Touts Impact of Infrastructure, Education, Child-Care

President Biden and a bipartisan group of senators agreed to a compromise deal on a partial infrastructure deal, and a new study from the Levy Economics Institute of Bard College projects a significant increase in the growth rate in 2021 as a result. Infrastructure, education and families proposals, if enacted, will have positive macroeconomic benefits. 

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AEM Holds Infrastructure Briefing

Associated Equipment Manufacturers (AEM) hosted a virtual briefing for dozens of national and trade reporters to discuss current federal infrastructure proposals and their potential impact on the $288 billion equipment manufacturing industry.  The briefing featured AEM President Dennis Slater; AEM Infrastructure Vision 2050 Taskforce Chair and Vermeer Corp. President and CEO Jason Andringa; and AEM Infrastructure Vision 2050 Taskforce Vice…

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AEM Commits to Transformational Investment in U.S. Infrastructure

The Association of Equipment Manufacturers (AEM) announced its commitment to a set of national policy priorities to revitalize the infrastructure systems that move the American economy. The announcement comes as the Brookings Institution published its new report outlining a new affirmative vision for U.S. infrastructure titled “Rebuild With Purpose: An Affirmative Vision for 21st Century American Infrastructure.” 

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Strong Public Support for Investment in Infrastructure

Eight in 10 Americans believe investing in infrastructure will stimulate the economy and is vital for future growth, according to an Ipsos Global Advisor survey conducted in 27 countries in partnership with the Global Infrastructure Investor Association (GIIA). The survey is the largest of its kind looking at the public’s attitudes toward infrastructure and investment. It finds nearly two-thirds of…

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