DOT Gets Funding Increase in $1.7 Trillion Federal Budget
The spending budget for the federal government’s fiscal 2023 includes an increase in funding for the Department of Transportation that is higher than the level requested by the White House. The $1.7 trillion Consolidated Appropriations Act of 2023 — which advanced through the U.S. House of Representatives on Dec. 23 after moving
through the Senate the day before — allocates $106.3 billion to DOT and its agencies, $3.4 billion more than the agency received a year ago and $1.9 billion more..READ MORE
Despite deteriorating economic conditions, nonresidential construction spending projected to increase through 2023
Construction spending on buildings is projected to increase just over nine percent this year and another six percent in 2023, according to a new report from the American Institute of Architects (AIA).
While the outlook for the broader economy has become more uncertain, the prospects for construction spending have improved since the beginning
of the year.READ
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8 Things Every Construction Firm Should Consider When Hiring Every construction firm struggles with building the best team. It is often difficult to determine the skills candidates have, as well as their enthusiasm and experience. But when the team is built well, it can spell the difference for your company.READ MORE
4 Reasons to Add a Video-Based Safety Program to Your Fleet If you own or manage a fleet, collisions happen. But, why? Safety management continues to be top-of-mind for any fleet. You need more effective solutions that deliver the driving insights required to proactively reduce risk and lower collisions.READ MORE
Are Construction Salaries Rising in 2023? Do you want to know if you’re still paying a competitive wage? You are not alone. Nearly everyconstruction companyconsiders employee salaries very carefully. It can be tricky to determine if you are still competitive while keeping your budget in mind. Consider some of the following insights into construction salaries for 2023.READ MORE
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