Tag: Economics

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Policy Briefing: Coronavirus Relief Bill Provides Billions for Infrastructure

LOOKING TO BOOST the sagging fortunes of three U.S. infrastructure sectors hit hard by the COVID-19 pandemic, Congress and the Trump administration provided billions in new federal funding for transit, passenger rail, and airports as part of legislation finalized in late March to offer economic relief in the wake of the pandemic. Signed into law by President Donald Trump on March 27, the $2-trillion...

The Law: Construction Industry Impacts in the COVID-19 World

SEEMINGLY in the blink of an eye the unimaginable occurred in the United States in March: Hospitals became overwhelmed, medical supplies went scarce, grocery shelves went bare, and airports turned into ghost towns. In addition, the market crashed, and public panic set in. Like a whipsaw, a domino effect of closures began grinding the U.S. and global economies to a halt, impacting every facet...

Pandemic Throws Civil Engineering Work into Uncertainty

ASCE’s Civil Engineering magazine published the feature article “Best Places for Civil Engineers 2020,” which appears in the April issue, before the widespread outbreak of COVID-19 and the subsequently declared pandemic in the United States. Since then, the health and safety of civil engineers and their families; the conditions at engineering firm offices, public agencies, and jobsites; and the overall market for civil works...