Kyle Glazier

The U.S. international trade deficit was $42.2 billion in October, a 4.9% increase from the revised $40.3 billion deficit in September, originally reported as $41.5 billion, the Commerce Department reported Tuesday.

Consumer credit climbed $14.2 billion, or 6.2%, in October to $2.753.5.2 trillion, the Federal Reserve reported Friday.

An agitated U.S. Secretary of Transportation reiterated the Obama administration's support for high-speed rail investment, and fought vigorously to defend the controversial and partly bond-funded $68 billion bullet train initiative in California.

U.S. Transportation Secretary Ray LaHood may be sticking around at least a bit longer, according to the newly minted chairman of next Congress' House Committee on Transportation and Infrastructure.

Transportation experts and lobbyists believe anointed House Committee on Transportation and Infrastructure Chairman Bill Shuster will make financing issue a bigger focus than the man he will replace.

WASHINGTON - Personal income remained virtually unchanged in October, the Commerce Department reported Friday.

Real gross domestic product, the output of goods and services produced by labor and property located in the U.S., increased at an annual rate of 2.7% in the third quarter of 2012, according to the preliminary estimate released by the Commerce Department Thursday.

President Obama should seek federally-subsidized infrastructure bonds, a national infrastructure bank, and standardization of state tolling authority to help accomplish his infrastructure investment goals, the Center for American Progress said in a new report.

Standard and Poor’s assigned a BBB-minus rating to a $300 million Transportation Infrastructure Finance and Innovation Act loan for the 95 Express Lanes in Virginia.

Economic activity expanded at a "measured pace" in recent weeks, though the effects of Hurricane Sandy and the looming fiscal cliff created some disruption and uncertainty, according to the Beige Book, released by the Federal Reserve Wednesday.

Sales of new single-family houses dropped 0.3% to a seasonally adjusted annual rate of 368,000 in October, the Commerce Department reported Wednesday.

Rep. Bill Shuster appears to have secured his chairmanship of the House Transportation and Infrastructure Committee after receiving the blessing of current chairman John Mica.

New orders for manufactured durable goods remained virtually unchanged at $216.9 billion in October, the Commerce Department reported Tuesday.

The Virginia College Building Authority will sell nearly $400 million of highly-rated bonds in a competitive sale Wednesday, to what commonwealth officers expect will be high demand.

There is more new leadership at the American Association of State Highway and Transportation Officials, as the group voted this week to elect Rhode Island Transportation Director Michael Lewis as the association's president for the next year.

Housing starts rose 3.6% to a seasonally adjusted annual rate of 894,000 in October from a revised estimate of 863,000 in September, the Commerce Department reported Tuesday.

The impact of the rapidly approaching fiscal cliff could devastate U.S. debt-financed infrastructure if Congress fails to find an alternative combination of cuts and revenue measures, Fitch Ratings said Monday.

Existing home sales rose 2.1% to a seasonally adjusted 4.79 million-unit rate in October, following a revised 4.69 million rate in September, the National Association of Realtors announced Monday.

Two Virginia groups representing local governments have joined the opposition to Gov. Bob McDonnell's and the state Department of Transportation's plan to toll Interstate 95.

A congressional panel grilled members of the Metropolitan Washington Airports Authority board Friday morning in a hearing called to examine a scathing report on the bond-issuing agency's ethical practices and policies.