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Texas State Capitol building in Austin, Texas.

Texas Approves $138B Transportation Plan for Next Decade

August 29, 2026 No Comments

Texas is preparing for a major expansion of transportation infrastructure spending, with state officials approving a 10-year program that will direct approximately $138 billion toward roads, transit and other transportation improvements. The Texas Transportation Commission approved the Texas Department of Transportation’s 2027 Unified Transportation Program, establishing the framework for transportation

July Inflation Data Gives Federal Reserve More Reason to Wait on Rate Decision

August 28, 2026 No Comments

U.S. inflation showed little change in July, while household incomes continued to rise, giving the Federal Reserve another reason to take a cautious approach to interest rates as it prepares for its September policy meeting. The personal consumption expenditures (PCE) price index increased 0.2% in July from the previous month,

U.S. Construction Firms Depend Heavily on Chinese Drones as New Tariffs Loom

August 28, 2026 No Comments

Published Aug. 27, 2026 Drones have become a practical tool on construction sites across the United States, but a new industry survey shows that contractors are relying overwhelmingly on Chinese-made equipment. According to a May 2026 survey by Associated Builders and Contractors (ABC), 36.1% of contractor members surveyed said their

Federal Disaster Funding Cuts Put New Pressure on Construction Firms During Hurricane Season

August 20, 2026 No Comments

Construction and engineering firms are entering the 2026 hurricane season amid changes to federal disaster preparedness programs, climate data resources and flood-risk guidance. Cuts and policy changes affecting the Federal Emergency Management Agency (FEMA) and National Oceanic and Atmospheric Administration (NOAA) have created additional uncertainty for firms that depend on

AECOM A rendering of the Tampa Bay Rays potential ballpark in Tampa, Fla. Retrieved from Tampa Bay Rays on March 09, 2026

AECOM Hunt-Turner-Horus JV Selected to Build $2.3B Tampa Bay Rays Stadium

August 20, 2026 No Comments

A joint venture between AECOM Hunt, Turner Construction and Horus Construction Services has been selected as the preferred construction team for the Tampa Bay Rays’ proposed $2.3 billion Major League Baseball stadium in Tampa, Florida. The selection represents a major step forward for the long-planned ballpark project, but the deal

Department of Transportation Secretary Sean Duffy unveiled Amtrak’s Freedom 250 Acela train at Union Station in Washington, D.C., on May 7, 2026. Photo: Heather Diehl/Getty Images via Getty Images.

DOT Approves $5.3 Billion Rail Investment for Crossings and Infrastructure Upgrades

August 20, 2026 No Comments

Published August 18, 2026 The U.S. Department of Transportation has announced a $5.3 billion investment in passenger rail infrastructure across 23 states, funding projects ranging from grade crossing closures to track improvements and new rail equipment. The Federal Railroad Administration (FRA) will distribute the funding through a package authorized under