HAMILTON, N.J  (Feb. 5, 2021) — The Dodge Momentum Index increased 3.1% in January to 139.4 from the revised December reading of 135.2. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

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.