Posted on Wednesday, September 2, 2020 1:44 PM By Francis Lowe
ABC’s Chief Economist Anirban Basu reports on the national nonresidential construction spending which fell 1.2% in July, according to an ABC analysis of data published by the U.S. Census Bureau.
To learn more visit abc.org/economics.
Posted on Wednesday, August 12, 2020 11:11 AM By Francis Lowe
ABC reported that its Construction Backlog Indicator declined to 7.8 months in July, a decrease of 0.3 months from the June reading, according to an ABC member survey conducted from July 20 to Aug. 5. Backlog is a full month lower than in July 2019.
Posted on Friday, July 10, 2020 11:01 AM By Francis Lowe
July 7, 2020.
Posted on Wednesday, April 29, 2020 11:42 AM By Francis Lowe
Twenty-three students have won college scholarships worth between $5,000 and $40,000 in the second year of a national competition organized by the ACE Mentor Program, a free after-school program created by the integrated construction industry to attract students into pursuing industry-related careers.
Posted on Wednesday, April 22, 2020 2:24 PM By Francis Lowe
On April 17, the U.S. Department of Labor’s Office of Federal Contract Compliance Programs issued guidance to increase accountability and efficiency in its enforcement and to maximize the effectiveness of compliance assistance resources to assist contractors in meeting their responsibilities.
Posted on Wednesday, April 22, 2020 2:12 PM By Francis Lowe
In a victory for worker freedom and the merit shop philosophy, on April 21, the West Virginia Supreme Court upheld the constitutionality of the Workplace Freedom Act, the state’s right-to-work law, in a 4-1 decision.
Posted on Wednesday, April 8, 2020 1:40 PM By Francis Lowe
The New York State Legislature took action to include an expansion of prevailing wage in the state’s budget for fiscal year 2020-21, which was signed into law on April 3 by Gov. Andrew Cuomo (D). The provision expands the view of what projects are considered “public works” and applies prevailing wage to private projects of $5 million or above in project cost that receive at least 30% of their financing from public assistance. This assistance goes beyond direct public investment to include loan and grant programs and certain tax incentives, greatly increasing the number of projects required to pay prevailing wages.
Posted on Wednesday, April 1, 2020 4:14 PM By Francis Lowe
The U.S. Department of Labor continues to issue compliance assistance materials on the Families First Coronavirus Response Act, which went into effect on April 1. On March 18, the Senate passed and the president signed into law H.R. 6201, the Families First Coronavirus Response Act, which requires private-sector employers with fewer than 500 employees, and certain public employers, to provide covered employees emergency paid sick leave and expanded family and medical leave.
Posted on Wednesday, April 1, 2020 3:45 PM By Francis Lowe
The ABC Virginia Chapter has started implementing a competency-based component for their registered apprenticeship program.
Posted on Wednesday, April 1, 2020 3:38 PM By Francis Lowe
Tim Keating, owner and president, R. C. Stevens Construction Co., took the reins as the 2020 ABC national chair at ABC’s March Board of Directors meeting. “With decades of combined industry leadership and experience, Tim Keating is committed to ABC’s value proposition to help our membership develop people, win work and deliver that work safely, ethically and profitably for the betterment of the communities in which they work,” said Michael Bellaman, ABC president and chief executive officer. Check out ABC’s new video to learn more about Tim and his goals for ABC in 2020.