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1. U.S. Cities Play Catch Up on High-Speed Rail

“THIS IS THE reinvention of train travel in America,” Patrick Goddard, a dapper Irishman and the president of Virgin Trains USA, declared in late June. The path to reinvention traveled through a nondescript platform outside Orlando International Airport, where Goddard and area luminaries had gathered for the groundbreaking of the company’s new Orlando-to-Miami route. It was made possible by 67 wealthy investors, who had collectively financed the project with $1.75 billion in private bonds.

Tags: Transportation, High-speed rail, Highways, Transit

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Engineering Employment
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1,521,200 (August)
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Construction Spending
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$1,287,300,000 (August)
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39.16 (October 7)
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285 Deals--Down 2 percent year-over-year

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47.2 (August)
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