The current transportation legislation expires in September and industry officials hope the next public works funding bill will be even stronger. "We can still make the case that you don't solve congestion and mobility issues without increased investment," Associated General Contractors CEO Stephen E. Sandherr said.
To overcome the memory associated with the day the original building burned and collapsed on Sept. 11, 2001, developer Silverstein Properties is highlighting safety. Plans call for fire stairs to be 66 inches wide -- instead of 55 inches -- and other measures that would exceed possible future building code standards.
The public comment period ends on Sunday and finalists for the redesign of the former World Trade Center site will be announced next week. Three design teams, including THINK, Studio Daniel Libeskind and Lord Norman Foster, are expected to make the cut.
The Federal Reserve yesterday decided to keep interest rates unchanged and some analysts think the trend will continue through the fall. A prolonged war or continued rise in energy prices could prompt lower rates.