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With a hawkish Federal Reserve pushing higher interest rates to fight inflation, the design market could be a canary in a coal mine for what some economists say will be a “mild” recession later this year.
The $925-million project, which will widen I-10 through Baton Rouge from three to four lanes each way, has risen in cost more than $200 million in two years, officials say.
In Las Vegas, the view from speakers and attendees at the International Risk Management Institute's construction risk conference showed lots of remaining haze.