Search


Archives
View Past Editions of E-Newsletter

Subscribe to Newsline, ABC's weekly member newsletter.

Newsline



Newsline RSS

Update to OSHA Electronic Injury and Illness Reporting Deadline

On Dec. 18, the Occupational Safety and Health Administration (OSHA) announced in a press release that they will continue accepting 2016 OSHA Form 300A data through the Injury Tracking Application (ITA) until midnight on Dec. 31, 2017. OSHA will not take enforcement action against those employers who submit their reports after the Dec. 15, 2017 deadline but before Dec. 31, 2017 final entry date. Starting Jan. 1, 2018, the ITA will no longer accept the 2016 data. Read the rest of entry »

ABC Roundup of Regulations Impacting Merit Shop Contractors

Over the last year, the Trump administration has taken major steps to roll back burdensome rules and regulations issued by the Obama administration. In his first two months in office, President Trump signed Executive Order 13777, “Enforcing the Regulatory Reform Agenda,” and Executive Order 13771, “Reducing Regulation and Controlling Regulatory Costs,” which create regulatory reform task forces to remove burdensome regulations and prevent agencies from issuing unnecessary regulations with a so-called “one in, two out” policy.  Read the rest of entry »

The ‘Trump Effect’ Positive for Contractors, Says ABC Chair Chuck Goodrich

Chuck Goodrich, president of Gaylor Electric, Inc., explained the Trump administration’s regulatory rollback is giving construction companies more efficiency and they don’t feel like they are “under attack” from the federal government. According to Goodrich’s presentation, experts say President Trump is on pace to put out fewer rules than the “reigning deregulation champion,” President Ronald Reagan.
Read the rest of entry »

ABC Chief Economist Predicts Stable 2018 Construction Economy

Associated Builders and Contractors (ABC) Chief Economist Anirban Basu predicts stability for the construction industry’s economy and expanding nonresidential construction spending in 2018. While construction project backlog and contractor confidence remain high heading into the new year, Basu warns there are risks to the 2018 outlook as a number of potential cost increases could come into play.
Read the rest of entry »

Study Says Repealing Illinois’ 1931 Prevailing Wage Law Would Boost Economy

A study released this month by the Illinois Policy Institute found that repealing the state’s prevailing wage law would help boost the state’s economy by lowering the cost to taxpayers on publicly funded construction projects and spurring job growth in the construction industry.  Read the rest of entry »

Dec. 15 Deadline: OSHA Electronic Injury and Illness Reporting

Under the U.S. Department of Labor's (DOL) Electronic Injury Reporting and Anti-Retaliation final rule (also known as Improve Tracking of Workplace Injuries and Illnesses) certain employers are required to electronically submit the information from their completed 2016 Form 300A by Dec. 15. Information on electronic reporting is available on the DOL's website. Read the rest of entry »

November Construction Input Prices Expand; Year-over-Year Inflation Highest Since 2011

Construction input prices expanded 0.7 percent in November and rose 5.6 percent on a yearly basis, the largest increase since November 2011, according to an Associated Builders and Contractors (ABC) analysis of  Bureau of Labor Statistics data released Tuesday. Nonresidential construction materials prices also expanded 0.7 percent for the month and 5.4 percent for the year. Crude petroleum prices rose 11 percent in November and are 31 percent higher than this time last year. 
Read the rest of entry »

Construction Backlog Surges, Sets Record in Third Quarter

Providing more evidence of a strengthening economy, Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) set a record as it expanded to 9.45 months during the third quarter of 2017, up 9.8 percent from the second quarter to the longest backlog reading in the eight-year history of the series.  CBI is up by 0.8 months, or 9.2 percent, on a year-over-year basis.
Read the rest of entry »

Construction Jobs Numbers Rebound in November

The nation’s construction sector added 24,000 net new jobs in November, representing a 0.3 percent month-over-month increase, according to ABC’s analysis regarding the Bureau of Labor Statistics’ data. Nonresidential construction employment added 8,600 net new jobs in November, a figure that would have been substantially higher were it not for heavy and civil engineering, which lost 7,800 for the month. Read the rest of entry »

Buoyed by Healthy Economy, ABC Index Finds Contractors Upbeat

The majority of commercial and industrial contractors are confident about sales growth, profits and staffing levels heading into 2018, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Despite rising construction labor and materials costs, 55 percent of contractors expect their profit margins to expand in the first half of 2018.
Read the rest of entry »