Kyle Glazier

U.S. airports have $71.3 billion in capital needs through 2017, a major airport interest group said Tuesday, a funding goal that they are not on track to meet.

Public-private partnerships are "toxic" to a lot of people and the mere mention of them can hinder projects, California Treasurer Bill Lockyer said Tuesday. Lockyer said, "Avoid talking about public-private partnerships. They are toxic with a lot of people."

A bill pending in the Maryland Senate would require the state transportation authority to begin exploring the possibility of a bond-financed bridge across the Chesapeake Bay.

WASHINGTON -- Sales of new single-family houses fell 7.3% to a seasonally adjusted annual rate of 369,000 in December, the Commerce Department reported Friday.

A plan released by the Washington Metropolitan Area Transit Authority details $6 billion of investment the nation's second-busiest subway system needs to make over the next 12 years, and stresses the need for new revenue to support it.

Virginia Gov. Bob McDonnell announced on Tuesday that he will recommend over $2 billion of funding for hundreds of transportation projects statewide, new money projected to come from his controversial overhaul of the commonwealth's gas and sales taxes.

Existing home sales dropped 1% to a seasonally adjusted 4.94 million-unit rate in December, following a revised 4.99 million rate in November, the National Association of Realtors announced Tuesday.

U.S. Transportation Secretary Ray LaHood told municipal leaders meeting in Washington Friday that he would help protect the tax-exempt status of municipal bonds.

Rep. Frank Wolf, R-Va., has reintroduced two bills aimed at giving Virginia control of the Metropolitan Washington Airports Authority and strengthening government oversight of the scandal-wracked issuer.

The executive director of AASHTO, John Horsley, is going out with a bang, spending the final weeks before his planned retirement pushing Congress to make authorize $50 billion of tax-credit bonds and to change fuel tax policy.

Housing starts soared 12.1% to a seasonally adjusted annual rate of 954,000 in December from a revised estimate of 851,000 the previous month, the Commerce Department reported Thursday.

Bond-related bills pending in the Virginia House of Delegates would limit toll increases on the Dulles Toll Road and authorize the commonwealth, through authorities, to purchase and control the privately-owned Dulles Greenway.

Rebounding from the effects of Hurricane Sandy, all 12 Federal Reserve Districts reported "modest or moderate" economic growth since the last Beige Book report in November, the Fed reported Wednesday.

Industrial production rose 0.3% in December after rising a revised 1.0% the previous month, while capacity utilization ticked up to 78.8% from a revised 78.7%, the Federal Reserve reported Wednesday.

Business inventories rose 0.3% to $1,621.5 billion in November, while sales jumped 1% to $1,271.6 billion, the Commerce Department reported Tuesday.

Retail sales rose 0.5% to $415.7 billion in December after climbing a revised 0.4% in November, originally reported as a 0.3% increase, the Commerce Department reported Tuesday.

The International Bridge Tunnel and Turnpike Association has announced a campaign to elevate the role of tolling in transportation funding, backed by a recent Reason Foundation study that advocates for expanded use of toll financing.

The federal government ran a $260 million budget deficit in December after running $172.1 billion in the red the previous month, the Treasury Department reported Friday.

Pennsylvania has released guidelines for public-private partnerships under the state's new P3 authorization law, and announced it would accept unsolicited proposals during May and October.

The U.S. international trade deficit was $48.7 billion in November, a 15.8% increase from the revised $42.1 billion deficit in October, originally reported as $42.2 billion, the Commerce Department reported Friday.