Recap: Solutions 2020 briefing with Senator Cory Booker

Business Forward conducted its briefing with Senator Cory Booker on March 13th, 2019. This is our third briefing in the Solutions 2020 series. Senator Booker focused on the future of work, his accomplishments as mayor of Newark, New Jersey, and promoting innovation and economic opportunity. Business leaders shared their comments, suggestions, and questions on issues ranging from federal contracts to infrastructure investment to environmental policy and the Green New Deal. Future of Work On the...

U.S. Energy Employment on the Rise

U.S. energy employment accounted for 162,000 new jobs in 2017, according to a new report out from the Energy Futures Initiative (EFI) and the National Association of State Energy Officials (NASEO) The 2018 U.S. Energy and Employment Report (USEER) tracks changes in U.S. energy employment unaccounted for in the Bureau of Labor’s statistics. The report analyzes employment data across the “four sectors of the labor market,” said David Foster during a briefing for Business Forward’s...

Infrastructure Investment is the Key to Growth – Robert Roche

Gallup Energy Logistics Park in Gallup, NM What is a sure-fire way to create jobs and spark economic growth? In a recent Gallup-Sun op-ed, Robert Roche, a co-founder of Business Forward and president of Roche Enterprises, discusses the need for Republicans and Democrats to come together to fund infrastructure projects. Despite bipartisan agreement and the clear economic benefits of investment, we have yet to see action from Washington. The kinds of projects Robert discusses will have a tangible...

This Could Be the Answer to Improving America’s Infrastructure

Could private-public partnerships save our nation’s aging transportation infrastructure? Here’s why a McGraw Hill executive says it’s important to leverage these important ties. In the World Economic Forum’s most recent rankings of competitiveness, the United States placed 12th for quality of infrastructure. This is a slight improvement from recent years, but still behind many of our competitors like Germany, Japan, the United Kingdom, and Taiwan. Considering the uncertainty surrounding...

Congress Adverts Highway Shutdown, Long-Term Plan Still Needed

Last week, Congress agreed to temporarily fund highway and transit projects through May 2015. The Highway Trust Fund was projected to reach insolvency. Without action, a lapse in highway funding would have occurred, putting many transportation projects on standby, increasing congestion, disrupting supply chains, and threatening the jobs of up to 700,000 workers. Preventing a Highway Crisis The highway bill passed the Senate with bipartisan support, in an 81 to 13 vote. The bill passed the House...

House Passes Short-Term Transportation Patch with Bipartisan Support

The House voted Tuesday to provide funding for highway and transit projects through approximately May 2015 in response to a looming shortfall in the Highway Trust Fund. Without action, many transportation construction projects around the country would come to a halt beginning August 1 because federal funding for the states to pay workers and purchase supplies will be cut by nearly a third. The bill received bipartisan approval, with a vote of 367 to 55. Backers included 186 Democrats and 181...

Here’s what will happen to American businesses when the Highway Trust Fund runs out of money next month

In less than a month, the federal government may not be able to pay for ongoing highway projects, which could dramatically increase congestion and put up to 700,000 jobs at risk. The Department of Transportation announced last week that reserves in the Highway Trust Fund would fall to critical levels by August 1. At that point, the trust fund will not be able to fully pay for the highway construction and repair projects that have already been approved by the states, and will have to begin...

S&P Study Reveals Economic Benefits of Infrastructure Investment

A $1.3 billion investment in infrastructure could add 29,000 jobs to the construction sector, and more to related industries according to estimates from Business Forward member company Standard and Poor’s. The investment would increase economic output by $2 billion that year and provide long-term benefits after the project has ended with greater productivity. The author of the report, S&P’s chief economist Dr. Beth Ann Bovino, joined Business Forward for a webinar yesterday on the most...