WASHINGTON (June 22, 2022) — The White House announced President Biden is calling on Congress and states to take additional legislative action to provide direct relief to American consumers who have been hit with the price hike. Specifically, he is calling on Congress to suspend the federal gas tax for three months, through September, without taking any money away from the Highway Trust Fund.

DUBLIN (June 21, 2022) — FlowForma aims to maintain its position as a leader in the fast-growing ‘no code’ software market with a funding round that raised $4.2M million from new and existing investors, and a next-generation product scheduled for end-of-year release. To support the strategy, Colm Heffernan, previously chief operating officer at Fenergo, has been appointed as chairman, bringing a decade’s experience in growing global businesses to the company. 

HAMILTON, N.J. (June 17, 2022) — Total construction starts rose 4% in May to a seasonally adjusted annual rate of $979.5 billion, according to Dodge Construction Network. Nonresidential building starts rose 20%, while residential starts fell by 4% and nonbuilding lost 2% during the month.

WASHINGTON (June 14, 2022) — Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator increased to nine months in May from 8.8 months in April, according to an ABC member survey conducted May 17 to June 3. The reading is up one month from May 2021.