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Finance
Finance

Breaking news and in-depth analysis of the government and private construction funding, Public-Private- Partnerships, bank lending, surety guarantees and company finance.

Latest Headlines
09/03/10 Construction Jobless Rate Improves Slightly in August

Construction's unemployment rate moved down slightly in August but remains highest among all industries.
08/26/10 ARRA Home Weatherization Program Ramps Up

Biden says 80,000 homes weatherized this summer, up from 3,000 in summer 2009.
08/18/10 California Budget Fiasco Endangers $3 Billion Worth of Construction Work
California Transportation Director Cindy McKim says that if the current budget impasse continues through the end of August, "transportation-fund cash balances may be depleted, resulting in potential suspension of ongoing construction projects."
More News
08/11/10 Construction Unemployment Slips to 17.3% in July
08/04/10 Housing Rebound Falters
07/28/10 Construction Still Struggling at 2010’s Midpoint
07/21/10 Researchers Identify Key Trends Driving Megafirm Creation
07/21/10 Schwing Exits Chapter 11 Pumped Up About Future
07/16/10 Financial Regulation Bill Heads to White House
07/14/10 Deal Sends Tishman Construction Into AECOM’s Arms
07/07/10 Report: Another Bad Year for Construction, But Spending Will Rebound in 2011
06/30/10 As Activity Picks Up, Firms Are Hopeful
06/30/10 Positive Signs Start To Pop Up in Market Statistics
06/29/10 Pension-Plan Relief Bill Is Signed Into Law
06/25/10 Tax 'Extenders' Bill Blocked Again in Senate
06/23/10 With Stimulus Spending Running Out Recession Will Keep Grip on Costs
06/23/10 Weak Demand Undercuts Prices
06/23/10 Industry Firms Begin To Believe The Worst May Soon Be Over
06/23/10 Open-Shop Wants Lending Restored
06/23/10 Recession Squeezes Salaries
06/16/10 Obama Calls for $3 Billion In Federal Real-Estate Savings
06/09/10 Housing Rebound Masks Non-Residential Work Drop
06/09/10 Fiscal Squeeze To Continue in 2011
06/04/10 Government Looks To Cut Costs
06/02/10 Indian Tribes Put $3 Billion In Stimulus Funds To Work
05/26/10 Deere’s Positive Second-Quarter Numbers Hint at Recovery
05/19/10 Government Looks To Cut Costs
05/12/10 Aggregates Firms Start Rocky But See Some Stability Ahead
05/12/10 State Loan-Fund Bill Stalls Under Davis-Bacon Questions
05/07/10 U.S. DOT Seeks Changes in Disadvantaged-Business Rules
05/05/10 With Retainage Mandate Gone, A/Es Look Forward to Payday
04/21/10 Equipment Prices Rise, But Values Still Remain Depressed
04/21/10 Firms’ Finances Raise Questions
04/07/10 Industry Unemployment Down For First Time in Seven Months
04/05/10 Treasury Says Build America Bonds Save Localities $12 Billion
03/31/10 Start-up Automaker Denied DOE Loan For Louisiana Plant
03/31/10 Davis-Bacon Rules Hit Agencies, Says GAO
03/24/10 1Q Cost Report: Despite Upturn in Steel, Lumber and Energy Prices Deflation Sweeps Cost Index Board
03/24/10 Survey Shows Contractor Confidence Slowly Rising
03/24/10 Lumber, Wallboard Prices Perk up With Modest Rebound
03/24/10 Recession Shatters Prices, More Cuts Expected During 2010
03/24/10 Key Players Dodge Salary and Bonus Squeeze
03/24/10 What is Driving Costs
03/24/10 Large Highway, Sewer and Water Jobs Boost Starts
03/24/10 Record Crowd of Engineers Hears DOD Chiefs’ Overview
03/17/10 Bucking Recession, Orlando Pushes Venues Downtown
03/17/10 Senate Approves $123-Billion Tax-Break Extension Package
03/17/10 Site Developers in Stalemate On Redevelopment Financing
03/17/10 Non-residential Building Work Off to a Slow Start in 2010
03/15/10 Orlando Turns to Bonds For Building Program's Funding
03/03/10 Firms See South Africa Prospects Differently
02/24/10 Feds Vow Crackdown On Misclassified Staff
02/24/10 Insurance Must Cover Sub Defects, Says Court
02/17/10 Minnesota Legislature Sends Governor $1-Billion Bonds Bill
02/10/10 As Federal Dollars Pour Out, A Second Stimulus Plan Grows
02/03/10 Economy Is a Cloud Over Las Vegas Event
02/03/10 2011 Budget Cuts Construction Programs
02/01/10 Obama 2011 Budget Plan Would Cut Most Construction Programs
01/27/10 Obama Issues Call For Spending Freeze
01/27/10 Construction Fell 26% in 2009
01/26/10 Obama To Propose Freeze On Non-Security U.S. Spending
01/21/10 No Recovery In Housing In Immediate Future
01/20/10 Outdated Cost Estimating Hurts DOE Project Control, Says GAO
01/20/10 Construction Costs Slump as School Markets Falter
01/13/10 Recession Cuts Costs For Office Building Construction
12/30/09 Financiers, Lenders and Debtors Fight Over Troubled Vegas Job
12/30/09 Construction Starts Slip in November, Holding Markets 28% Below a Year Ago
12/23/09 Next Move Is In the Senate After House Passes Jobs Bill
12/16/09 4Q Cost Report: Recession Spreads To Nonresidential Buildings
12/11/09 HHS Awards $509 Million in ARRA Grants for Health Clinics
12/09/09 Obama Weighs In, Supports New Round of Public-Works Funding
12/02/09 Global Firm Execs Are Bullish, Says KPMG Market Survey
12/02/09 Strong October Hints at Slowdown in the Recession
11/18/09 By 2020 China Will Pass U.S. As Preeminent Construction Market
11/18/09 World Bank Calls for Major Increase in Funding For Infrastructure Investment in Africa
11/13/09 States' Fiscal Woes May Continue Into 2012
11/11/09 Forecast 2010: Stimulus Funds Kick Off A Slow Comeback After Market Bottoms
11/11/09 Companies Want To Save Cash By Reducing Collateral Costs
11/04/09 Economic Downturn Creates Buyer's Market for Some Cities
11/04/09 Stimulus Is Boosting Projects Throughout the Country
11/04/09 Federal Spending: New Stimulus Report
10/28/09 Feds Target Smart Grid With $3.4 Billion in Stimulus Funding
10/16/09 Housing Could Spark A Rebound in 2010
10/14/09 Federal Spending: New Stimulus Report
10/14/09 Federal Funding: A Snapshot of Top Shovel-, Wrench- and Pencil-Ready Projects
10/14/09 Global Recession Slashes Salary For U.K. Civil Engineers
10/07/09 Markets Show Some Early Signs of Turning Around
09/23/09 3Q Cost Report: Competition Intensifies as Recession Deepens
09/23/09 House Passes Bill With $6.5 Billion for K-12, College Projects
09/23/09 Non-residential Building Market May Have Hit Bottom
09/23/09 Industry Has Little Confidence About Near-Term Market Gains
09/23/09 Medical Costs Trump Savings From Safety
09/23/09 Lower Materials and Bid Costs Help States Push Projects
09/21/09 Federal Dollars for School Construction, Round Two
09/17/09 No Deal Yet, But Pact On 'Buy American' May Be Near
09/16/09 Canadian Leader to Discuss 'Buy American' Issue with Obama
09/09/09 Squeeze Is On As Firms Fight For What Little Work Is Available
09/02/09 Stimulus Progress Report: Where Are the Jobs?
09/02/09 Unemployment Hits 18%
09/02/09 Worldwide Recession Reflected in Steep Declines in Export Data
08/26/09 Suppliers Rate U.S. Stimulus A Clunker, Seek Broader Plans
08/26/09 A Strong July Chips Away at Large Year-to-Year Declines
08/19/09 Infrastructure Work Buoys Middle East
08/19/09 Anxious Teams in Limbo on Antarctic Contract
08/12/09 Repaving Projects Dominate ARRA Highway Funding
08/05/09 After Six Months, 2009 Volume Is Down 36% From a Year Ago
08/05/09 New GSA Contracts Starting To Surge
08/05/09 Fed Moves To Tighten Contracts
07/29/09 Housing Gets Rare Good News
07/22/09 Construction’s Labor Force Is Hit Hard by Unemployment Spike
07/08/09 ENR Survey Shows Glimmers of Hope For Recovery
07/08/09 Federal Infusion Will Not Prevent Infrastructure Spending Falloff
07/01/09 States, U.S. DOT Post Gains on ARRA
06/24/09 2nd Quarterly Cost Report: Hard Bids, Low Costs
06/24/09 Stimulus Funds Prop Up Florida Market
06/24/09 Firms Hold the Line on Raises, But Salaries Remain Competitive
06/24/09Costs Post Rare Quarterly Decline
06/24/09 Slow Payment Is Sapping Contractors' Strength
06/24/09 A Strong Market Still Has High Risks
06/19/09 War Funding Measure Wins Approval
06/17/09 Vegas Mega-Resort Rolls Snake Eyes
06/12/09 War Funding Bill Provides $4.4 Billion for Construction
06/10/09 Nevada Transportation Faces Lean Times, Officials Report
06/10/09 Construction Jobs Trickle Back But Losses Are Not Over Yet
06/10/09 Publicly Traded Power and Environmental Giants Are at Full Tilt
06/10/09 Weak Markets Show Some Signs of Bottoming Out
06/03/09 Firms Slow To Restrategize In Current Changing Economy
05/27/09 Distribution of Stimulus Funds Is Gaining Momentum
05/27/09 HInsufficient Past-Performance Data Used in Awards
05/20/09 Housing: Buyers Over 55 Are Changing Their Minds On What They Need
05/20/09 ARRA Outlays So Far Are Small
05/14/09 HUD, NSF Seek Proposals For $1.2 Bil in Stimulus Grants
05/13/09 Plans Set For Community Development, Transit Aid
05/13/09 Obama Hit List Includes Some Construction Programs
05/13/09 Public-Private Transportation Jobs Face Hurdles in U.S., Says Study
05/13/09 Report Shows Stimulus Outlays Remain Very Small So Far
05/13/09 ARRA Funding Stimulates Austin Federal Courthouse Project
05/08/09 Lagging Infrastructure Partnerships Need an Educational Push: Report
05/07/09 Obama Proposes Cutting $1.5 Billion in Construction
05/07/09 HUD Releases Plan for $980 Million In Stimulus Block Grants
05/06/09 Credit Woes Halt Midway Purchase
05/06/09 Design-Firm Financial Officers See Sharp Drop in 2009 Growth
05/06/09 DOE Awards $786 Million To Push Speedier Biofuels R&D Efforts
04/29/09 Survey: Firms Don’t See Quick Recovery
04/22/09 Guam Needs More U.S. Funds To Redeploy Military, Says GAO
04/15/09 Construction Markets Begin 2009 Well Below Last Year’s Start
04/15/09 Firms Line Up for Stimulus Funds For Transmission Projects
04/15/09 Obama Administration Announces $1.6 Bil. for Environmental Projects
04/08/09 Dollars Roll Out At Uneven Pace
04/08/09 Construction Spending Hits New Global Low
04/08/09 Stimulus Will Ease Construction Slide
04/03/09 VA Releases List of $1.3 Billion in Stimulus Projects
04/01/09 Weakening Oil Prices Forcing Chavez To Scale Back Plans
04/01/09 Military Engineers Struggling To Hash Out 2010 Funding Budget
04/01/09 GSA Reveals Stimulus Projects
03/27/09 Venezuela Oil-Driven Budget Woes Concern Construction Efforts
03/25/09 DOD Plan Favors Small Jobs, Firms
03/25/09 Stimulus Spending Will Turn Public Works to Positive Growth
03/18/09 Tight-Fisted Banks Stall Development
03/18/09 Avoiding a Bust in Pittsburgh
03/18/09 Private-Buildings Sector Reels As Projects Are Postponed
03/18/09 Some Agencies Release First Construction Allocations
03/18/09 Inflation Reverses Course As Recession Floors Prices
03/18/09 Renegotiations Make Bad Times Worse
03/18/09 Finding Cost Data on the Internet
03/18/09 What Drives ENR's Cost Indexes
03/18/09 How To Use ENR's Cost Indexes
03/18/09 Stimulus Efforts Hope To Stanch Global Slowdown
03/18/09 Private-Buildings Sector Reels As Projects Are Postponed
03/18/09 Planning Snafu Sinks Funds for $100 Million in Alabama Work
03/18/09 Volvo Will Pump Up Prices Due To New Emission Regulations
03/12/09 Latin America Pinning Recovery On Infrastructure Spending Plans
03/11/09 Obama Signs $410-billion Spending Bill
03/11/09 Recession Puts Big Las Vegas Convention Project on Hold
03/04/09 Short Stopgap Measure Signed As Senate Debates Spending Bill
03/04/09 Political Battle Begins for 2010
03/04/09 Utilities To Tap Stimulus Funds For New ‘Smart Grid’ Projects
03/04/09 Highway Markets Get First Injection of Stimulus Funds
03/03/09 DOT Releases Highway Stimulus Funds to States
02/26/09 How to Rally Your Staff During the Economic Turmoil
02/25/09 States Begin The Big Push
02/25/09 $17-Billion Package Changes Texas Governor’s Mind
02/25/09 California Passes Budget, But Relief Is Only Temporary
02/25/09 Deferred Jobs Preferred In Florida Share
02/25/09 Package Won’t Outweigh Impact Of Credit Crunch
02/25/09 Volume Soars But Prices Plunge At Ritchie Bros. Annual Auction
02/18/09 Unwrapping the Big Package
02/18/09 Stimulus Bill Hastens Switch Away From Private Projects
02/11/09 Year-End Tally for 2008 Shows a 15% Decline in Construction
02/11/09 Talks Begin To Shape Final Stimulus Bill
02/11/09 Reid: Stimulus Agreement Reached On A $787-billion Program
02/11/09 Treasury Unveils Plan To Ease Credit
02/10/09 Senate Passes Economic Stimulus, Setting Up Negotiation With House
02/09/09 Revised Senate Stimulus Zeroes Out School Construction
02/04/09 Senate May Hike Infrastructure Aid
02/04/09 Canada Stimulus Yields $10 Billion for Infrastructure and Other Work
02/04/09 Weak Economy Saps Attendance At ‘World of Concrete’ Show
02/02/09 Senate Begins Floor Debate on $888-billion Stimulus
01/28/09 Does Senate Steps In With Its Proposal
01/28/09 Market Blues Overshadow Good Market Demographics
01/21/09 Proposal in House Fires Up Debate
01/21/09 Modest Program Favors Jump-Start Fix-up Effort
01/21/09 Does Massive Spending Help or Hurt in Long Run?
01/21/09 Highway Aid Has Some Strings Attached
01/21/09 Advocates Hope To Fly, Sail or Roll To Reform
01/21/09 Funds Will Energize Long-Delayed Projects
01/21/09 Green Systems on the List for GSA and DOD
01/21/09 A Big Drop, But It's A Really Huge Bucket
01/21/09 Funding Proposal Is Good Starting Point
01/21/09 Proposed Tax Breaks Offer Some Respite, Firms Say
01/21/09 Industry Suppliers Are Ready To Write Off 2009
01/21/09 $650-Million Infusion Small Help in California
01/14/09 Obama Seeks Quick Action on Stimulus
01/14/09 Developer Cuts Project Back, Cites Construction Flaws
01/14/09 Modest Rebound Checks Steep Decline in Fuel Prices
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