Posted on Friday, October 27, 2017 12:49 PM By Donna Reichle
WASHINGTON, Oct. 27—The U.S. economy expanded at an annual rate of 3 percent during the third quarter of 2017, according to Associated Builders and Contractors’ analysis of gross domestic product (GDP) data released today by the Bureau of Economic Analysis. “Construction firms are among the major beneficiaries of the most recent GDP report, which confirms that the U.S. economy enjoys a level of momentum not observed for several years,” said ABC Chief Economist Anirban Basu.
Posted on Thursday, October 26, 2017 11:45 AM By Donna Reichle
“We applaud House members for adopting the FY 2018 budget resolution that positions Congress to move forward with comprehensive, pro-growth tax reform without the threat of a filibuster
Posted on Wednesday, October 25, 2017 11:49 AM By Donna Reichle
The construction industry has a message for career-seekers this October: the demand for construction workers is high, and firms are looking to hire. Despite an investment of more than $1 billion a year by its members to train the next generation of construction workers, Associated Builders and Contractors (ABC) says the industry currently has 500,000 unfilled jobs, and that number could more than double if Congress and the White House agree on a promised $1 trillion infrastructure bill. ABC member firms are highlighting the worker shortfall and abundant opportunities for aspiring industry professionals during Careers in Construction Month.
Posted on Friday, October 20, 2017 10:22 AM By Donna Reichle
Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), today issued the following statement on the passage of a budget by the U.S. Senate:
“This important step by the Senate keeps the process on track to produce once-in-a-generation tax reform...
Posted on Thursday, October 19, 2017 9:35 AM By Donna Reichle
Associated Builders and Contractors (ABC) announced the promotion of Téa Gennaro to Chief Financial Officer (CFO). She will be responsible for managing and directing the accounting, finance and facilities functions at ABC and its affiliated organizations—the ABC Political Action Committee, ABC Retirement and Savings Plan, Construction Legal Rights Foundation, Trimmer Construction Education Foundation and ABC Services Corp.
Posted on Monday, October 16, 2017 9:11 AM By Donna Reichle
Michael D. Bellaman, president and CEO of Associated Builders and Contractors (ABC), has been appointed by U.S. Department of Labor Secretary R. Alexander Acosta to the Task Force on Apprenticeship Expansion, created by President Trump’s June 15 Executive Order 13801.
“I am excited to join Secretary Acosta’s task force to expand opportunities to citizens nationwide who want to live the American Dream while helping to build and rebuild our country,” said Bellaman. “As the president promised in his election night acceptance speech, every single American will have the opportunity to realize his or her fullest potential under his administration. That sentiment will drive this task force as we work to promote affordable education and rewarding jobs for all Americans.”
Posted on Thursday, October 12, 2017 11:04 AM By Donna Reichle
WASHINGTON, Oct.12--Associated Builders and Contractors (ABC) today released the following statement from Kristen Swearingen, vice president of legislative & political affairs, following President Trump’s signing of an executive order to expand access to Association Health Plans (AHPs):
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, September 27, 2017 8:44 AM By Donna Reichle
WASHINGTON, Sept. 27—The not seasonally adjusted (NSA) national construction unemployment rate was 4.7 percent in August, down 0.4 percent from a year ago and the lowest August rate on record, the U.S. Bureau of Labor Statistics (BLS) reported. Unemployment rates were also down in 35 states on a year-over-year basis, according to an analysis released today by Associated Builders and Contractors (ABC). Rates rose in nine states and were unchanged in six. Further, the construction industry employed 206,000 more workers than in August 2016.
Posted on Monday, September 25, 2017 6:00 PM By Donna Reichle
WASHINGTON, Sept. 25--Associated Builders and Contractors (ABC) today released the following statement from Kristen Swearingen, vice president of Legislative & Political Affairs, on the confirmation of William Emanuel to serve on the National Labor Relations Board (NLRB).