Surety Association of Massachusetts News » Construction economy

Surety Association of Massachusetts News » Construction economy http://suretyma.org Surety Association of Massachusetts Website Wed, 11 Jan 2012 21:13:27 +0000 en hourly 1 http://wordpress.com/ http://s2.wp.com/i/buttonw-com.png Surety Association of Massachusetts News » Construction economy http://suretyma.org Global Construction firms expect top line growth, but a third expect more job cuts. http://suretyma.org/2010/12/30/global-construction-firms-expect-growth-financing-challenges-in-2011/ http://suretyma.org/2010/12/30/global-construction-firms-expect-growth-financing-challenges-in-2011/#comments Thu, 30 Dec 2010 15:45:18 +0000 webauthor http://suretyma.org/?p=723 ]]> Global engineering and construction firms expect backlogs to increase next year because of owner and consumer demand, as well as expansion into regions such as the Middle East, Australia, Africa and India, according to a recent survey by KPMG International. However, almost half the firms surveyed think project financing will be a major obstacle, and many of them expect to implement more stringent accountability policies and procedures. A third of the respondents expect to cut staff.

Global construction firms expect growth, financing challenges, in 2011 - Engineering News-Record (12/29)

]]> http://suretyma.org/2010/12/30/global-construction-firms-expect-growth-financing-challenges-in-2011/feed/ 0 webauthor Construction employment remains volatile http://suretyma.org/2010/11/30/construction-employment-remains-volatile/ http://suretyma.org/2010/11/30/construction-employment-remains-volatile/#comments Tue, 30 Nov 2010 20:47:45 +0000 webauthor http://suretyma.org/?p=718 ]]> Construction employment expanded in 29 states between September and October, while fewer people are working in construction compared to last year in 39 states, AGC reported in an analysis of state employment data released last week by the Labor Department. Read more. Posted 11/30/10

Also

Construction sector woes hurt economic output nationwide
A declining national gross domestic product has its roots in the construction downturn and weak manufacturing sector. Thirty-eight states saw economic output contract last year, including California, Texas, Arizona and Nevada — four states that suffered acute downturns in construction. Reno Gazette-Journal (Nev.) (11/18) , San Antonio Express-News (11/18) , Los Angeles Times (11/18) , American City Business Journals/Phoenix (11/19

]]> http://suretyma.org/2010/11/30/construction-employment-remains-volatile/feed/ 0 webauthor Protected: State Economic Stimulus – Bond Waivers http://suretyma.org/2009/03/13/state-economic-stimulus-bond-waivers/ http://suretyma.org/2009/03/13/state-economic-stimulus-bond-waivers/#comments Fri, 13 Mar 2009 17:20:09 +0000 webauthor http://suretyma.org/?p=467 ]]> This post is password protected. You must visit the website and enter the password to continue reading.

]]> http://suretyma.org/2009/03/13/state-economic-stimulus-bond-waivers/feed/ 0 webauthor Protected: Final Stimulus Package – Summary and Construction Spending Details http://suretyma.org/2009/02/24/final-stimulus-package-summary-and-construction-spending-details/ http://suretyma.org/2009/02/24/final-stimulus-package-summary-and-construction-spending-details/#comments Tue, 24 Feb 2009 21:47:51 +0000 webauthor http://suretyma.org/?p=456 ]]> This post is password protected. You must visit the website and enter the password to continue reading.

]]> http://suretyma.org/2009/02/24/final-stimulus-package-summary-and-construction-spending-details/feed/ 0 webauthor Protected: Surety Provisions in the Economic Stimulus Package – updated http://suretyma.org/2009/02/16/surety-provisions-in-the-economic-stimulus-package-updated/ http://suretyma.org/2009/02/16/surety-provisions-in-the-economic-stimulus-package-updated/#comments Mon, 16 Feb 2009 14:00:40 +0000 webauthor http://suretyma.org/?p=443 ]]> This post is password protected. You must visit the website and enter the password to continue reading.

]]> http://suretyma.org/2009/02/16/surety-provisions-in-the-economic-stimulus-package-updated/feed/ 0 webauthor Protected: Senate Economic Stimulus Package – Surety Provisions http://suretyma.org/2009/02/12/senate-economic-stimulus-package-surety-provisions/ http://suretyma.org/2009/02/12/senate-economic-stimulus-package-surety-provisions/#comments Thu, 12 Feb 2009 16:02:33 +0000 webauthor http://suretyma.org/?p=430 ]]> This post is password protected. You must visit the website and enter the password to continue reading.

]]> http://suretyma.org/2009/02/12/senate-economic-stimulus-package-surety-provisions/feed/ 0 webauthor Protected: US Senate Economic Stimulus Bill – No Bond Waivers http://suretyma.org/2009/01/30/us-senate-economic-stimulus-bill-no-bond-waivers/ http://suretyma.org/2009/01/30/us-senate-economic-stimulus-bill-no-bond-waivers/#comments Fri, 30 Jan 2009 14:45:09 +0000 webauthor http://suretyma.org/?p=421 ]]> This post is password protected. You must visit the website and enter the password to continue reading.

]]> http://suretyma.org/2009/01/30/us-senate-economic-stimulus-bill-no-bond-waivers/feed/ 0 webauthor Massachusetts Construction Stimulus Package http://suretyma.org/2009/01/07/agc-state-fact-sheets-updated-for-stimulus-spending/ http://suretyma.org/2009/01/07/agc-state-fact-sheets-updated-for-stimulus-spending/#comments Wed, 07 Jan 2009 16:55:16 +0000 webauthor http://suretyma.org/?p=408 ]]> AGC’s new state fact sheets, with estimates of the impact of $1 billion of construction spending on a state’s economy, are at www.agc.org/stimulus, including Massachusetts.

]]> http://suretyma.org/2009/01/07/agc-state-fact-sheets-updated-for-stimulus-spending/feed/ 0 webauthor 2008 ABC Construction Executive – Surety section http://suretyma.org/2008/11/18/2008-abc-construction-executive-surety-section/ http://suretyma.org/2008/11/18/2008-abc-construction-executive-surety-section/#comments Tue, 18 Nov 2008 17:09:11 +0000 webauthor http://suretyma.wordpress.com/?p=361 ]]> Free download now available

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]]> http://suretyma.org/2008/11/18/2008-abc-construction-executive-surety-section/feed/ 0 webauthor Commonwealth of Massachusetts Authorizes Billions in New Construction http://suretyma.org/2008/08/14/commonwealth-of-massachusetts-authorizes-billions-in-new-construction/ http://suretyma.org/2008/08/14/commonwealth-of-massachusetts-authorizes-billions-in-new-construction/#comments Thu, 14 Aug 2008 15:44:51 +0000 webauthor http://suretyma.wordpress.com/?p=227 ]]> By William Angelo – Engineering News-Record
08/11/2008

Massachusetts Governor Deval L. Patrick (D) signed into law the first week of August three bills allocating over $5 billion for construction. One bill would earmark $3-billion for accelerated bridge repair and replacement targeting about 250-to-300 of the state’s 543 structurally deficient bridges. By accelerating the work the state hopes to save $1.5 billion in cost inflation and deferred maintenance.

Another $2.2-billion was allocated for new college building or renovation projects, including $1-billion to the five University of Massachusetts campuses and $1.2-billion to state and community colleges.

Finally, a $40-million bond was authorized to bring the Internet to rural communities. The broadband bill would cover 32 communities in western Massachusetts by funding fiber, wireless towers and other infrastructure. About 95 communities have no or limited access adversely impacting education, economic development and communication.

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