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With no infrastructure plan passed by the Trump administration so far in 2017, the industry looks to single-family housing and warehouse construction to boost next year’s figures
Major specialty contracting firms in the New York-New Jersey region appear to be benefiting from the still strong metro area building construction market, with revenue for the 10 largest firms on this year’s regional list up nearly $1 billion, to $2.97 billion.
At Nov. 2 event, Dodge chief economist Robert Murray noted a 3% bump for 2018, down from 4% this year. He cited a "mature stage" of construction expansion.
Commuters and travelers who cross the Hudson River by transit into New York City hope a just-finished track upgrade at Penn Station will improve recent delays, derailments and other malfunctions.