Federal Funding Bill and Hurricane Hit Market at Nearly the Same Time

Powers, Mary Buckner
October 2005
ENR: Engineering News-Record;Oct2005 Contractors Sourcebook, p45
Trade Publication
The article reports that two events in August 2005, one monumental and the other catastrophic, will set the pace for the nation's transportation and construction industry going forward, hence will influence the economic conditions of the country. On August 10, 2005, U.S. President George W. Bush finally signed into law the very long-awaited SAFETEA-LU, the record $286.5-billion transportation bill--the largest public works measure in the history of the U.S. Less than three weeks later, on August 29, the Gulf Coast suffered the largest natural disaster in U.S. history when Hurricane Katrina came ashore, devastating highway and bridge infrastructure from Alabama to Louisiana. Repair and replacement will run into the billions, with contracting well under way by mid-September.


Related Articles

  • Labor pains. Stein, Lisa // U.S. News & World Report;7/14/2003, Vol. 135 Issue 1, p10 

    Comments on the impact of economic conditions in the United States as of July 14, 2003. Data from the June report indicating that unemployment rose to 6.4 percent; Impact of unemployment on the stock market; How continued job losses could affect the re-election of President George W. Bush.

  • War on Poverty. Feuerherd, Joe // National Catholic Reporter;8/12/2005, Vol. 41 Issue 36, p4a 

    Comments on the programs launched by the U.S. President George W. Bush administration to alleviate poverty. Conduct of a White House Summit to encourage corporations to donate money to faith-based poverty-fighting groups; Limitations of the government's welfare system; Approaches of liberals to...

  • Curious George Turns his Back. Markley, Rick // Rock Products;Mar2004, Vol. 107 Issue 3, p2 

    Comments on the refusal of U.S. President George W. Bush to address the reauthorization of the TEA-21 highway bill in the U.S. Conferences in the road construction industry that Bush refused to attend; Amount of funding in a transportation bill passed by the U.S. Senate; Number of employees in...

  • Remarks in a Discussion on the National Economy in Louisville, Kentucky. Bush, George W. // Weekly Compilation of Presidential Documents;3/1/2004, Vol. 40 Issue 9, p286 

    Presents the text of a discussion of U.S. President George W. Bush with executives at ISCO industries in Louiseville, Kentucky on February 26, 2004. Recognition given by President Bush to state officials including Elaine Chao, member of the U.S. Cabinet; Effects of the September 11 terrorist...

  • Remarks to the National Association of Manufacturers. Bush, George W. // Weekly Compilation of Presidential Documents;7/31/2006, Vol. 42 Issue 30, p1396 

    The article presents a speech by U.S. President George W. Bush, delivered at the at the Grand Hyatt Washington on July 27, 2006. The president discusses ways on how to make sure the manufacturing sector remains one of the most important parts of the country's economic vitality. He also...

  • U.S. economy sends mixed signals in 2007. Hernan, Pat // Pit & Quarry;Feb2007, Vol. 99 Issue 8, p54 

    The article focuses on the issues about the economy in the U.S. for the year 2007. President George W. Bush announced plans to send 20,000 more troops in Iraq. However, among the key issues is how to fund the nation's mounting infrastructure needs, in which a reliable transportation network is...

  • The 2002 State of the Union. Bush, George W. // Vital Speeches of the Day;2/15/2002, Vol. 68 Issue 9, p258 

    Presents the State of the Union address delivered by United States President George W. Bush to a joint session of Congress in Washington, D.C., on January 29, 2002. Relationship between the U.S. and Afghanistan; Issue of the war on terrorism; Importance of homeland security; Problem of...

  • The President's Radio Address. Bush, George W. // Weekly Compilation of Presidential Documents;11/24/2008, Vol. 44 Issue 46, p1441 

    The article presents the text of a radio address by U.S. President George W. Bush delivered at the White House in Washington, D.C. on November 20, 2008, in which he discussed his summit meeting with leaders from nations in the Asia Pacific region held in Lima, Peru, economic challenges facing...

  • The President's Radio Address. Bush, George W. // Weekly Compilation of Presidential Documents;12/15/2003, Vol. 39 Issue 50, p1767 

    Presents the text of a radio address given by U.S. President George W. Bush on December 6, 2003, which deals with the status of the U.S. economy as of 2003. Percentage of unemployment in November 2003; Worker productivity in the third quarter of 2003; Reduction of income tax payments.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics