WASHINGTON—More contractors are facing a shortage of building materials as the pandemic continues, according to fourth quarter data from the United States Chamber of Commerce Commercial Construction Index (Index).
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SALT LAKE CITY—In December 2020, the Utah Section of the American Society of Civil Engineers (ASCE) today released preliminary findings from its 2020 Report Card for Utah's Infrastructure. Utah civil engineers gave 12 categories of infrastructure an overall grade of a 'C+,' one of the highest grades in the nation, meaning the state's infrastructure is in mediocre condition, but there are some signs of improvement.
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Over the weekend, President Trump signed a massive $2.3 trillion coronavirus relief and government funding bill, averting a government shutdown that was due to start on Tuesday if an agreement was not reached beforehand.
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NEW JERSEY (Dec. 16, 2020)—Total construction starts fell 2% in November to a seasonally adjusted annual rate of $797.5 billion following a strong gain in October. Residential starts fell 7% during the month, while nonbuilding starts dropped 14%. Nonresidential building construction starts, however, rose 19% in November. Total construction starts fell in three regions, the South Atlantic, West, and Northeast, but rose in two, the Midwest and South Central.
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