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Biden Unveils $2T Infrastructure Plan

Construction Equipment

President Biden will unveil an eight-year, $2 trillion infrastructure plan that will be paid for with higher corporate income taxes. Two construction equipment groups offered initial support for the plan, although concerns about tax increases came from the manufacturing side. What Biden's…

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Oklahoma approves $8B of infrastructure work

Construction Dive

The money for the state's eight-year program will come from the Federal Highway Trust Fund, state income taxes and fuel tax revenues.

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Burns & McDonnell taps new CEO, expands C-suite

Construction Dive

Incoming chief Leslie Duke said the fresh roles and promotions will bolster the Kansas City-based contractor as it takes advantage of infrastructure opportunities.

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Biden Announces Funding for Energy Efficiency in Low-Income Homes

Pro Builder

Biden Announces Funding for Energy Efficiency in Low-Income Homes. President Biden recently outlined plans to improve infrastructure and energy efficiency for homes in low-income areas. billion in funding to retrofit hundreds of thousands of homes in low-income areas by making them more energy efficient.

Income 52
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2023 industry recession to be deeper than first forecast

Construction Enquirer

Falling private new housing combined with recent government delays to major infrastructure projects has prompted the spring forecast downgrade from a previously forecast 4.7% In infrastructure, forecast growth rates have been downgraded in the Spring forecasts to 0.7% fall in output. in 2023 before growth of 1.1% in 2023 and 1.2%

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Up To $400B Annual Water Infrastructure Spend Is Needed Globally

ENR Construction

New report says huge investment must happen in low- and middle-income countries "just to achieve universal access to clean drinking water, sanitation and hygiene by 2030."

Income 73
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How Much Does a Construction Worker Make?

Building Radar

In this guide, we explore the factors affecting construction worker earnings, the average salaries in different regions, and strategies for maximizing your income. The increased demand for labor, coupled with large-scale infrastructure projects, has driven up wages. Factors Affecting Construction Worker Salaries 1.