The easy-to-use ASCE 7 Hazard Tool now delivers even more site-specific loads data when you search. Get serviceability wind speeds and expanded seismic data, displayed as graphs, tables, and comma-separated values. Try the Hazard Tool.
Daimler plans to invest $589 million in a French manufacturing plant to start producing at least 10 compact electric Mercedes-Benz vehicles. The company already produces electric cars under the Smart brand at the plant.
Responses to the Infrastructure Week theme of #TimeToBuild varied, including concerns about funding shortfalls and regulations, along with the positive view that US infrastructure still has strengths. AECOM CEO Michael Burke said public-private partnerships and regional authorities could be essential to infrastructure construction in the US.
The Seattle City Council voted to approve a bill that would tax the city's largest companies to generate money for affordable housing. Business groups that were opposed to the tax have started gathering signatures for a potential referendum to overturn the measure.
A groundbreaking is planned this summer for the MSG Sphere, a sphere-shaped entertainment venue in Las Vegas with a 170,000-square-foot LED screen and haptic floor system. The 18,000-seat arena is part of the trend in Las Vegas to increase nongaming entertainment.
Data DIGest is your source for the latest economic news relevant to the construction industry with commentary and analysis from AGC's Chief Economist, Ken Simonson. It brings you actionable information to stay ahead of the curve on issues such as materials, prices, construction employment, and state-by-state construction trends. Subscribe here.
The American Public Transportation Association says a lack of investment in public transportation will cost businesses $340 billion in lost sales from 2017 to 2023. "This study shows that decades of underinvestment in America's aging bus and rail public transit infrastructure has negative effects on the economy," said APTA president Paul Skoutelas.
US Rep. Jeff Denham, R-Calif., said getting a $1 trillion investment package passed in Congress will be challenging, but the need still exists. The chairman of the Railroads, Pipelines and Hazardous Materials Subcommittee said he is encouraged by recent legislation adopted by Congress, and he is excited to see the Trump administration reducing regulatory burdens.
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