Free Newsletter
Inflation, unemployment, the housing crisis and a possible recession: Two economists forecast what’s ahead in 2023
With the current U.S. inflation rate at 7.1%, interest rates rising and housing costs up, many Americans are wondering if a recession is looming.
OPINION: Sweetheart union deal will undermine Inflation Reduction Act’s clean-energy agenda
As President Joe Biden signed the so-called Inflation Reduction Act of 2022, taxpayers, construction industry small businesses and climate change activists are sounding alarms about controversial labor policies in the […]
US retail sales were flat in July as inflation takes a toll
The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously.
Inflation a factor as WisDOT estimates cost for highway repairs $62.3 million higher
The cost of repairing Wisconsin’s highways is now projected to be higher than in previous estimates as inflation continues to put upward pressure on materials and fuel prices, the top Wisconsin transportation official said this week.
US inflation will likely stay high even as gas prices fall
Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.
US economy sending mixed signals: Here’s what it all means
The U.S. economy is caught in an awkward, painful place. A confusing one, too.
EXPLAINER: Why US inflation is so high, and when it may ease
Inflation's relentless surge didn't merely persist in June. It accelerated. For the 12 months ending in June, the government's consumer price index rocketed 9.1%, the fastest year-over-year jump since 1981.
US inflation surges again in June, raising risks for economy
U.S. inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively -- trends that raise the risk of a recession.
Inflation taking bite out of new infrastructure projects
The price of a foot of water pipe in Tucson, Arizona: up 19%. The cost of a ton of asphalt in a small Massachusetts town: up 37%. The estimate to build a new airport terminal in Des Moines, Iowa: 69% higher, with a several year delay.
Inflation, the elephant in your next construction dispute or contract negotiation
Inflation is hitting the country hard. Consider this: $1 million in January 2020 has the same buying power as over $1.7 million today, according to the Consumer Price Index Inflation Calculator.
US inflation hit a new 40-year high last month of 8.6%
The costs of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs.
Polls
Loading ...Today’s News
- Milwaukee Mayor’s $1.9B budget proposal has infrastructure boost
- As employers face labor shortages, Biden administration rolls out playbook for training workers
- Wisconsin Senate committee votes against confirmation for four DNR policy board appointees
- October proclaimed Architecture Awareness Month in Wisconsin
- Pre-Bid Meetings – Week of October 2, 2023
- Corn mill owners plead to federal charges in fatal explosion, will pay $11.25 million
- BUILDING BLOCKS: Second phase of Lower Yahara River Trail construction
- Sky-high mortgage rates leave homes unaffordable for more buyers, sending new home sales tumbling
- Forecast: Economic challenges ahead as rates rise and labor shortages remain
- CBRE opens office on 18th floor of Milwaukee BMO Tower
- Former inmate able to rebuild life through work in construction trades
- Zignego to lead $60M I-894 improvement project
Project Profiles
- First prefabricated bridge in US installed in Eau Claire County
- Illinois developer worked with Wisconsin contractor to build 258-unit Wauwatosa apartment complex
- VJS Construction raises the roof for Bruce Guadalupe Community School expansion project
- Microgrid pilot project will store energy for village affected by outages
- Dane County sees uptick in highway work zone crashes, on track to exceed last year
- The Hop streetcar will debut newest service route in fall with limited service
- FPC Live slims venue proposal to 1 downtown building
- Children’s Hospital urgent care center in Milwaukee gets first round of city approval
- With Sonag Construction shut down, feds move to block indicted owner from collecting leftover assets
- Four contractors selected to build border wall prototypes
- UW-Milwaukee’s Greenstreet shaping minds (and the city)
- Turning the Corner(s) (PHOTO SLIDESHOW)
