Strong Employment Numbers Ease Some Industry Recession Fears
Following months of volatility in the stock market, along with record high inflation and supply chain issues, some economists are bracing for a coming recession. In construction, there are always those seeing signs of a coming downturn in the cycle, but others see reasons to remain optimistic. ENR
$2.2 Billion Western Power Line Project To Begin This June
Work will start in June on a $2.2 billion, 416-mile high voltage transmission line through Wyoming, Colorado and Utah, following a federal notice to proceed issued on May 26. The 500-kV line is part of a larger $6-billion transmission expansion across the western U.S. planned by utility giant PacifiCorp, with operations in six states.
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Digital Construction Marketplace Aimed at Contractors
Digital construction marketplace Configure said Tuesday that it has debuted its service after a $2 million seed round led by Titletown Tech. The app allows contractors and designers to specify and purchase "engineered-to-order" products from a network of suppliers and manufacturers. The Construction Boradsheet
US DOL Recovers $799K In Back Wages
A federal investigation of a Jersey City electrical subcontractor on a federally funded residential townhome and apartments project in Paterson found the employer paid 11 electricians wages and fringe benefits at the lower rate paid to laborers, a violation of the law. DOL
