On Tuesday, Scott Brown (R) defeated Martha Coakley (D) in the Massachusetts special election to fill the seat vacated by the late Senator Ted Kennedy. Brown's victory is already impacting Senate proceedings by removing the Democrat's super majority of 60 votes.
Once Brown is officially seated… Read More January 21, 2010
The producer price index (PPI) for finished goods was unchanged in December before seasonal adjustment (up 0.2%, seasonally adjusted) and up 4.4% from a year earlier, the Bureau of Labor Statistics (BLS) reported today. The PPI for inputs to construction industries, a weighted average of materials… Read More January 20, 2010
NEW FEDERAL DATA SHOWS CONTRACTORS GETTING SQUEEZED BETWEEN RISING MATERIALS COSTS AND STAGNANT PRICES FOR FINISHED CONSTRUCTION
Latest Producer Price Index Figures Signal Need for Speedy Investments in Infrastructure Construction While Prices are Still Relatively Low, Construction Economist Notes… Read More January 20, 2010
View AGC Chief Economist Ken Simonson's presentation on the outlook for construction activity, materials and labor.
January 20, 2010
AGC today released a construction industry outlook that finds the stimulus the lone bright spot in an industry where nine in ten contractors say there will be no recovery in 2010. The survey of AGC members also found that fewer contractors plan to purchase construction equipment and doubt they… Read More January 20, 2010
The past year has been full of challenges and opportunities for the construction industry. Each day, AGC of America has been working hard to represent Specialty Contractors. Whether through the AGC Specialty Contractors Council (SCC), advocacy, safety and health, environment, labor and workforce… Read More January 20, 2010
The past year has been full of challenges and opportunities for the construction industry. Each day, AGC of America has been working hard to represent Building Contractors. Whether through the AGC Building Division, advocacy, safety and health, environment, labor and workforce, education and… Read More January 19, 2010
Conflicting data, media reports and politicians' assertions have spread a great deal of confusion about the stimulus legislation's impact, or lack of it, on job creation in construction. The reality is that the American Recovery and Reinvestment Act (ARRA) - the "stimulus bill" - has enabled… Read More January 19, 2010
The first session of the 111th Congress came to end on December 24, 2009 with a final vote on the Senate's comprehensive health care proposal and an extension of the federal debt limit up to $12.394 trillion (which will get the country through mid-February). The U.S. House returned on January 12… Read More January 19, 2010
On December 23, AGC submitted comments on an EPA proposed "tailoring rule" that would change the thresholds specific to greenhouse gas emissions as they would apply to two stationary source permitting programs under the Clean Air Act: (1) new construction and major modification permits and (2)… Read More January 19, 2010
