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From the category archives: Economics

House Passes ABC-Opposed $1.5 Trillion Infrastructure Bill with Anti-competitive Mandates

On July 1, the U.S. House of Representatives passed H.R. 2, the Moving Forward Act, on a mostly party line vote of 233 to 188, with three Republicans voting for the bill and two Democrats voting against it. The House Democrats’ infrastructure plan would spend more than $1.5 trillion on surface transportation, airport, school, housing, healthcare, energy, water and broadband infrastructure, however, it also includes numerous anti-merit shop provisions opposed by ABC.

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ABC Opposes House Democrats’ $1.5 Trillion Infrastructure Bill with Anti-Merit Shop Provisions

On June 22, Chair of the House Committee on Transportation and Infrastructure Peter A. DeFazio (D-Ore.) was joined by six other Democratic House committee chairs in a press conference releasing the  Democratic Infrastructure Bill, H.R. 2, the Moving Forward Act.

 

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ABC Urges House to Approve Great American Outdoors Act, Which Would Create 100,000+ Construction Jobs

On June 17, The Great American Outdoors Act (S. 3422), introduced by Sen. Cory Gardner (R-Colo.), was passed in the U.S. Senate by a vote of 73-25. This bipartisan legislation would help address the $20 billion deferred maintenance backlog in the Department of the Interior, $12 billion of which is accumulated by the National Park Service, creating thousands of construction jobs in the process.

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ABC’s Chief Economist Delivers Mid-Year Forecast in Construction Executive Webinar

On June 10, ABC’s Construction Executive magazine held a webinar featuring ABC chief economist Anirban Basu that focused on how the COVID-19 pandemic has rocked a nearly invincible economy, wreaking havoc on the construction industry, and how the current recession might dovetail into prospective growth in the future.

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ABC Welcomes Executive Order That Expedites Infrastructure Investments

On June 4, President Trump signed executive order 13927, which directs federal agencies to expedite the delivery of transportation infrastructure projects, an action ABC said will streamline permitting and facilitate infrastructure improvements while protecting the environment, health and safety.

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ABC Urges Congress to Enact Liability Relief Legislation Related to the COVID-19 Pandemic

On May 27, ABC joined more than 200 organizations calling on Congress to quickly enact temporary and targeted liability relief legislation related to the COVID-19 pandemic in an effort spearheaded by the U.S. Chamber of Commerce.

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Register for Construction Executive's Free Mid-Year Economic Outlook Webinar

All Construction Executive readers are invited to register for an exclusive Mid-Year Economic Outlook webinar featuring Anirban Basu, the chief economist to Associated Builders and Contractors. Basu, known for his entertaining delivery and sharp assessments of the economic state of the industry, will provide a candid assessment of the market impact of COVID-19 crisis on the construction sector for the rest of 2020.

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ABC Calls for Open Competition and an All-of-the-Above Workforce Development Strategy in Senate Water Infrastructure Draft Bills

On May 1, ABC sent a letter to the U.S. Senate Committee on Environment and Public Works advocating for improvements to draft legislation that is being considered by the committee, the America’s Water Infrastructure Act of 2020 and the Drinking Water Infrastructure Act of 2020.

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ABC Helps to Author Strategy for Safe, Strong Recovery as Part of Great American Economic Revival Industry Groups

On April 14, President Donald Trump announced that ABC President and CEO Mike Bellaman was named to one of the Great American Economic Revival Industry Groups, which will work together with the White House towards the stated goal of “charting the path forward toward a future of unparalleled American prosperity.” 

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States Announce Regional Approach to Reopening Economies

On April 13, two multi-state coalitions announced the formation of separate task forces focused on reopening their state economies through regional partnerships.

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