Posted on Monday, November 20, 2017 9:16 PM By George Lettis
According to a report released today by Associated Builders and Contractors (ABC), the private construction industry’s value added as a percentage of the nation’s real gross domestic product (GDP) rose to 4 percent in 2016, the highest level since 2009. The report also shows annual growth in real construction spending, which rose 3.5 percent in 2016. Thirty-seven states benefited from the rise in construction activity in their state, while 13 states experienced a reduction in activity.
Posted on Wednesday, September 27, 2017 12:06 PM By Donna Reichle
WASHINGTON, Sept. 27—Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), issued the following statement supporting the Unified Framework for Fixing Our Broken Tax Code released today by congressional and administration leaders:
“The tax framework released today marks a promising step forward for the first genuine reform of the tax code in a generation. Associated Builders and Contractors is encouraged by the proposal, and we strongly support the tax reform process moving forward.
Posted on Wednesday, May 18, 2016 9:32 AM By Donna Reichle
WASHINGTON, D.C., May 18 – Associated Builders and Contractors (ABC) today released the following statement in reaction to the release of the U.S. Department of Labor (DOL) Wage and Hour Division’s final overtime rule.