Firms Working on Highway and Bridge Projects See Drop in Profits
Construction industry advocates say uncertainty tied to the federal funding beginning in 2015 puts jobs at risk for roughly 300,000 people working on highway and bridge projects. That’s according to a post on Forbes.com. Research from Sageworks, a financial information company, concludes that privately held construction companies are reticent as Congress attempts to reach an agreement to replenish the Highway Trust Fund. The Fund is expected to be depleted later this year.
