WASHINGTON (Feb. 1, 2021) — On Friday, the United States Congress approved a budget resolution that would pave the way for President Joe Biden's $1.9 trillion relief plan to pass — with some key adjustments. The Senate voted to approve early that morning in an even vote in which Vice President Kamala Harris cast the tie-breaking vote.
WASHINGTON (Jan. 24, 2021) — This week, the former South Bend, Indiana, mayor and Democratic presidential candidate Pete Buttigieg was sworn in as transportation secretary by the United States Senate. In a video he tweeted following his confirmation, Buttigieg noted the work to be done in the transportation sector, but said he was optimistic about the future.
WASHINGTON (Feb.1, 2021) — In its annual release on national union membership, the United States Bureau of Labor Statistics (BLS) reported the percentage of wage and salary workers who were members of unions was 10.8% across all industries.
WASHINGTON (Feb. 1, 2021) — National nonresidential construction spending declined 0.8% in December 2020, according to an Associated Builders and Contractors analysis of data published today by the United States Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $790.2 billion for the month, 4.8% lower than in December 2019 but 3.8% higher than in December 2018.
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WASHINGTON (Jan. 28, 2021) —The United States economy expanded at an annualized 4.0% rate in the fourth quarter of 2020 as the nation’s recovery from last spring’s economic devastation continued. Nonresidential investment in structures increased at a 3.0% annualized rate in the fourth quarter.