INFRASTRUCTURE

United States Of America - Copper futures fell to $4.2 per pound, the lowest level in nearly ten weeks, as inventories increased and investors reduced risk exposure in anticipation of the US Fed announcing a faster end to its bond-buying program. On-warrant LME inventories in certified warehouses increased to 82,850 tons, the highest level in…

Washington, D.C. - What Is In The Infrastructure Bill In My State?The United States Department of Transportation today released state-by-state fact sheets outlining how the historic Bipartisan Infrastructure Act will benefit communities across the country by repairing roads and bridges, improving transportation options, establishing a national…

United States Of America - Sand & Salt is next on the agenda to stretch the budgets of Department of Transportation Agencies, Towns, Contractors, Housing Co-Ops, And Developers. As the US's first wave of ''winter conditions" contracts start to roll in we are seeing what we expected. End users of sand and salt should expect to see increases of…

Washington, D.C. - Crypto clauses have been under the microscope now that the bill is law and crypto stocks have seen the hit across the board. The new Infrastructure Investment and Jobs Act has been signed into U.S. law by President Joe Biden and embedded within it, cryptocurrency has been targeted. The funding package is set to increase the tax…

Washington, D.C. - As of November 15, 2021, the modernized Infrastructure Investment and Jobs Act has been signed into American law. Significant investment will be centralized around U.S. transportation networks, broadband transmission, and public works projects. President Biden’s act is set forth to combat the country’s aging infrastructure…

Los Angeles, California - Port Of Los Angeles may have received some good news today as CMA CGM has agreed to acquire Los Angeles terminal operator Fenix Marine Services, significantly expanding its footprint in the Los Angeles-Long Beach port complex. The carrier group already owns a 10% stake in the box facility and will acquire the remaining…

California, United States of America - The Wall Street Journal reported that shipping delays have increased and cargo has piled up at California ports as Nike struggles to sell enough sneakers for the holidays, Costco has imposed limits on paper towel purchases, and prices for artificial Christmas trees have increased 25% this season. The…

Washington, D.C. ­­­­­­­­­­­­­­­­- The Infrastructure Bill has been delayed yet again, even prompting a much needed Saturday Night Live parody . The delays are almost certain given the diverse politicians, current volatile economy and technology's rapid evolution. The exact fate of the Infrastructure Bill and its eventual outcome remain…

Montgomery, Alabama - Alabama has abandoned previous plans to privatize prisons, and Gov. Kay Ivey and lawmakers celebrated Friday afternoon as the governor signed legislation authorizing the state to spend $1.3 billion on two new 4,000-bed men's prisons. A smaller women's prison and upgrades to some existing prisons are planned for the future.…

New York, New York - As Broadway reopens and we forgot about covid for a while SNL brought us a much needed comic relief to our infrastructure bill woes and economic situation here in the U.S. With the recent never ending delays in passing bills a little humor is unavoidable. We thought we would bring the AEC community a much needed Sunday…

Cambridge, Massachusetts - Through research, education, and public discussion, the Roy and Lila Ash Center for Democratic Governance and Innovation fosters excellence and innovation in governance and public policy. The Center's mission is to address the profound challenges confronting the world's citizens by developing the best leaders,…

The United States Department of Transportation has announced the first-ever INFRA Extra Project Designations, which will assist in funding dozens of priority projects in communities around the country. WASHINGTON, D.C. — U.S. D.O.T. said today that the Biden-Harris Administration will designate 44 projects around the country as INFRA Extra,…

United States Of America - ''Energy Transition" has become a requirement and goal worldwide in a social force evolved during the pandemic. An enhanced commitment to ecologically sustainable growth is at the heart of many of these discussions among investors, governments, regulators, corporations, and society at large. Construction,…

Total Construction United States of America- Construction spending was estimated at $1,568.8 billion on a seasonally adjusted annual basis in July 2021, up 0.3 percent (1.2 percent)* from the revised June estimate of $1,563.4 billion. The July estimate is 9.0% (1.5%) higher than the July 2020 estimate of $1,439.6 billion. Construction…

Dallas, Texas- The infrastructure consultancy business AECOM, which has its offices in downtown Dallas, announced on August 17 that it will relocate its corporate headquarters to Dallas effective October 1. However, the corporation stated that its downtown Los Angeles headquarters would remain in operation, but that Chief Executive Troy Rudd…