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Politics & Policy
ABC’s October Regulatory Roundup—Learn About the Latest Developments Affecting the Construction Industry
ABC’s September Regulatory Roundup—Learn About the Latest Developments Affecting the Construction Industry
ABC Disappointed in NLRB’s Cemex Decision
Safety
ABC Expresses Serious Concerns to Congress About OSHA Worker Walkaround Rule
Build Health and Safety Engagement Through Leadership Commitment and Metrics Tied to Leading Indicators
Is Your PPE and Mobile Equipment as Safe as You Think It Is?
Events/Products/Programs
Nearly 350 ABC Leaders Gather in Washington for Annual Legislative Conference
ABC Members Rank Among ENR’s Top 400 Contractors
Trades Day: Industry Outreach Opportunity With Meaning
State/Local News
Ed Capodanno Honored by Delaware State Legislature
Election Update: ABC Staff and Members Elected in 2022
California Targets Workplace Cannabis Testing
Awards
Graham Roofing Earns the AQC Credential in September
ABC's Construction Executive Magazine Wins Silver in Publishing Competition
Legislation
ABC-Supported Legislation To Overturn the Northern Long-Eared Bat’s Endangered Species Listing Heads to President Biden’s Desk
ABC Advocates for Solutions to Workforce Shortage at U.S. House Committee Roundtable
Smucker Introduces the ABC-Supported Main Street Tax Certainty Act
Regulations
ABC Launches Resources for Contractors Competing for CHIPS Act Projects
Workforce Development
Register Now for ABC’s Construction Inclusion Week Webinar Series
DOL High Road Workforce Development Program Map Snubs Nonunion Programs
LISTEN: How to Design an Effective Technology Adoption Strategy
ABC Newsline
By actively engaging in the CBI survey, you not only contribute to a comprehensive and reliable industry metric but also gain valuable insights that can guide your business decisions and enhance your competitiveness. Join us in shaping the future of the construction industry by providing your input today.
On May 31, the U.S. Department of the Treasury and Internal Revenue Service released additional guidance and proposed rules on the Inflation Reduction Act’s advanced energy project and Low-Income Communities Bonus Credit Program tax credits.
Last week, ABC joined a coalition of national, state and local trade associations in a letter to President Joe Biden, urging the administration’s active engagement with both the International Longshore and Warehouse Union and the Pacific Maritime Association to help them reach a final contract, bring negotiations to a close and end the uncertainty surrounding operations of the West Coast ports.
The Russian invasion of Ukraine will have three first-order impacts on the U.S. construction industry. The first relates to materials prices, which are already sky-high and have induced some project owners to delay project start dates.
The Protecting the Right to Organize Act would produce significant economic costs for the nation’s 27 right-to-work states in an effort to increase union power at the expense of worker freedom and small businesses, according to a report issued by the American Action Forum on Aug. 13.
The elevated price of softwood lumber, a major talking point during much of the pandemic, appears to have peaked in early May at more than $1,700 per thousand board feet. As of June 23, the price has fallen below $900 per board feet, down about 49% in less than two months.
On June 10, the Biden-Harris administration announced key findings from the reviews directed under Executive Order 14017 “America’s Supply Chains,” as well as immediate actions the administration will take to strengthen American supply chains to promote economic security, national security and “good-paying, union jobs here at home.”
Because coronavirus vaccine distribution is accelerating, the expectation is that worldwide demand for steel, aluminum, oil and other productive inputs will surge later in 2021. The result could be substantial upward pressure on construction input prices.
All ABC contractor members received the monthly Construction Backlog Indicator/Construction Confidence Survey in their inboxes on Tuesday, April 20. Please encourage your members to respond to this monthly survey to help us understand the market forces that are shaping the construction outlook for the coming months.
ABC reported that its Construction Backlog Indicator declined to 7.2 months in November, a decrease of 0.5 months from October’s reading, according to an ABC member survey conducted from Nov. 20 to Dec. 2. Backlog is 1.7 months lower than in November 2019.
On this week’s episode of “The Bottom Line With ABC Chief Economist Anirban Basu,” get insights on the nonresidential construction spending, which was virtually unchanged in October, according to an ABC analysis of data published by the U.S. Census Bureau.
On this week’s episode of “The Bottom Line With ABC Chief Economist Anirban Basu,” get insights on the Construction Backlog Indicator, which rebounded to 7.7 months in October, an increase of 0.2 months from September’s reading, according to an ABC member survey conducted from Oct. 20 to Nov. 5. Backlog is 1.2 months lower than in October 2019.
On this week’s episode of “The Bottom Line With ABC Chief Economist Anirban Basu,” get insights on the latest GPD growth and nonresidential construction spending.
On this week’s episode of “The Bottom Line With ABC Chief Economist Anirban Basu,” get insights on construction backlog, which fell to 7.5 months in September, a decline of 0.5 months from August’s reading. The Construction Confidence Index, however, does provide some reasons to remain optimistic.
ABC’s Chief Economist Anirban Basu reports on construction employment, which added 26,000 jobs on net in September, according to an ABC analysis of data published by the U.S. Bureau of Labor Statistics.
ABC’s Chief Economist Anirban Basu reports on the construction backlog indicator which rose in August, according to an ABC analysis of data published by the U.S. Census Bureau. Confidence among U.S. construction industry leaders also rose in August regarding sales, staffing levels and profit margins, according to ABC’s Construction Confidence Index.
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.
On this week’s episode of “The Bottom Line with ABC Chief Economist Anirban Basu,” Anirban provides an update on nonresidential construction spending in the midst of the coronavirus pandemic.
On July 22, The U.S. House of Representatives passed the Great American Outdoors Act (S. 3422/ H.R. 1957), which was introduced by Sen. Cory Gardner (R-Colo.), by a vote of 310-107. The bill is expected to be signed into law by President Trump. Ahead of the vote, ABC sent a
Associated Builders and Contractors recently reported that its Construction Backlog Indicator rose to 8.1 months in June, an increase of 0.2 months from May’s reading. CBI is down approximately 8% from its June 2019 level. Every region except the Middle States experienced an increase in backlog in June compared to May, according to an ABC member survey conducted from June 20-July 1.
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.
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.
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.
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.
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.