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The most recession-proof sectors for construction

The most recession-proof sectors for construction

by Kimberly Glassman | Aug 19, 2022 | Uncategorized

Publicly funded or subsidized construction projects will remain the safest bet for contractors in a downturn, said Turmail. Public buildings like schools and healthcare facilities should also be insulated from a downturn, said Richard Branch, chief economist for Dodge...
The most recession-proof sectors for construction

Amid recession fears, CT adds 6,500 jobs in July

by Kimberly Glassman | Aug 19, 2022 | Uncategorized

Despite fears about a potential recession, Connecticut continued to adds jobs during the month of July. The state added 6,500 jobs last month, lowering its unemployment rate to 3.7%, according to the state Department of Labor. The national unemployment rate is 3.5%....
The most recession-proof sectors for construction

Yale’s new dorm will produce more energy than it needs

by Kimberly Glassman | Aug 19, 2022 | Uncategorized

Yale University is on path to build a new, 49-unit residence hall at its Divinity School with a sustainable design that includes a green stormwater management system and a net-positive solar energy production. But the highlight of the building is that it was designed...
The most recession-proof sectors for construction

More federal money awarded to replace rail bridge over Connecticut River

by Kimberly Glassman | Aug 19, 2022 | Uncategorized

The United States Department of Transportation announced Thursday that it has awarded $65.2 million for the replacement of the 115-year old train bridge between Old Saybrook and Old Lyme. An initial $65.2 million federal contribution was designated in fiscal year 2020...
The most recession-proof sectors for construction

City to match funds for Naugatuck River Greenway Trail

by Kimberly Glassman | Aug 18, 2022 | Uncategorized

Waterbury Mayor Neil M. O’Leary says the city is moving quickly to authorize $5 million in local matching funds required under a recently approved $23.1 federal infrastructure grant. The $28.1 million in federal and local funding will be used to continue construction...
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The Foundation for Fair Contracting of Connecticut (FFC) is a non-profit organization that promotes fairness and accountability in public works construction. Since 1994, we’ve worked to enforce prevailing wage laws, ensure proper worker classification, and support compliance with state standards to protect workers’ rights and help contractors follow the rules.

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