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Midterm Wins Tally at Least $24B in Construction Bonds
By Kim Slowey of Construction Dive
Voters nationwide last week approved at least $24.4 billion in bond initiatives that will back construction projects ranging from schools to infrastructure, Bloomberg reported. There was more than $76 billion worth of such measures — the highest dollar amount since 2006 — seeking voter approval, so the amount could rise as more results are announced.
Fall Project Roundup: What's Being Built Where?
Construction Employment Rises by 30,000 Jobs in October
Source: AGC of America
Construction employment increased by 30,000 jobs in October and by 330,000 jobs over the past year, topping 7.3 million for the first time since April 2008, while the industry’s average pay jumped and unemployment decreased to a historic low, according to an analysis of new government data by the Associated General Contractors of America.