NATIONAL—President Trump and his administration are working on an infrastructure proposal worth almost $1 trillion aimed at giving the volatile United States economy a much-needed boost. 

The existing infrastructure plan—the FAST Act—which authorized $305 billion over a 5-year term, will expire at the end of September.

LOS ANGELES (June 15, 2020) AECOM announced the appointment of W. Troy Rudd to chief executive officer (CEO). Currently AECOM’s chief financial officer, Rudd will assume the role from Michael S. Burke, who previously announced his plans to retire.

New home construction in the United States showed a positive return in May—good news after several months of decreasing numbers due in part to the coronavirus pandemic. 

In particular, a rebound in permits for future home construction (up 14.4%) showed promise that the industry might be coming out of a slump. The statistic is often an indicator of future activity and the overall health of the economy.