The Construction Financial Management Association (CFMA) has made the decision to cancel its 2020 Annual Conference & Exhibition, scheduled for May 30 through June 3, 2020, in Washington, D.C.
Following cancellation of the ACI Concrete Convention in Rosemont/Chicago, Illinois, the American Concrete Institute has transitioned its popular spring convention into ACI Virtual Committee Days.
On Friday, Congress passed and President Donald Trump signed a historic $2 trillion economic stimulus package that will provide United States businesses and citizens with much-needed aid during the ongoing coronavirus pandemic.
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In its annual report released last week, Bechtel Corporation profit results of $21.8 billion in 2019. The company's 2019 revenue marked a 14.5% decline from 2018.
From Dodge Data & Analytics Chief Economist Richard Branch
NATIONAL (March 24, 2020)—The past 2 weeks have seen an unprecedented shuttering of the United States economy. Our expectations on the impact of the coronavirus on the U.S. economy have been significantly downgraded with a growing realization that the U.S. economy is in recession.
WASHINGTON (March 20, 2020)—The American Institute of Architects (AIA) 2020 President Jane Frederick, FAIA, and Executive Vice President/Chief Executive Officer Robert Ivy, FAIA, are urging Congress to address the critical needs of business owners and employees during the COVID-19 pandemic.
NATIONAL—Soon after Boston, Massachusetts Mayor Marty Walsh ordered a halt on all construction in the city last week, three other Massachusetts cities followed suit: Cambridge, Chilmark, and West Tisbury.
Last week in San Francisco, California, a stop-work order was issued for all Bay-area commercial construction projects excluding housing construction.