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The 2024 Construction Hiring and Business Outlook
January 4, 2024
Construction Firms Have Mixed Outlook For 2024 As Expectations For Demand Remain Mostly Positive, But Less Upbeat Than Last Year Amid New Challenges New Industry Outlook Shows Firms Are Counting on Public Sector, Data Center and Manufacturing Construction to Offset Declines in Retail, Lodging… Read More

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House Passes Final Stimulus Package - Senate Up Next
This afternoon the House passed the $787.2 billion American Recovery and Reinvestment Act by a vote of 246-183-1.  The Senate is expected to vote later today. There are numerous tax provisions to encourage development, encourage capital investment, and increase certain bonding opportunities on… Read More
February 13, 2009
Stimulus Will Benefit Construction Companies, Reports CNN and Wall Street Journal
CNN Money and the Wall Street Journal both report that the pending stimulus plan will benefit construction companies.  CNN Money quotes AGC chief economist Ken Simonson, who predicts that contractors will begin hiring works as soon as contracts are awarded.  AGC Steve Sandherr is quoted in the Wall… Read More
February 13, 2009
Congress Wraps Up Stimulus Package
While Congress has not yet voted on the American Recovery and Reinvestment Act, House and Senate negotiators have released details of the plan and expect a vote before the weekend. All reports indicate significant infrastructure investment, as outlined in the AGC summary of infrastructure and… Read More
February 13, 2009
Comment Deadline Approaching for Proposed 3 Percent Withholding Regulations
The deadline for comments in response to the December 5, 2008 Internal Revenue Service (IRS) notice of proposed rulemaking to implement the 3 percent withholding provision is approaching on March 5. With Congress unlikely to include a full repeal of the law in its economic stimulus package, but… Read More
February 13, 2009
President Obama Lifts Ban on AGC-Opposed Government-Mandated Project Labor Agreements; AGC Working Against Usage
On February 6, President Obama issued an executive order revoking an earlier order issued by President George W. Bush that largely prohibited federal agencies from imposing a project labor agreement on federal and federally assisted construction projects. The new order encourages agencies to… Read More
February 13, 2009
AGC Supports Legislation Calling for Federal Contracts to be Awarded Through Open Competition; Legislation Will Block Use of GMLAs
This week, Congressman Sullivan (R-Okla.) introduced legislation (H.R. 983) that seeks to ensure that federal contracts are awarded through open competition. The Government Neutrality in Contracting Act would prohibit the use of government mandated project labor agreements. This legislation… Read More
February 13, 2009
AGC Members Mount Effort to Discourage Cosponsors of "Card Check;" AGC Urges Members to Continue to Act
Supporters of the (so-called) Employee Free Choice Act (EFCA) are making a push to introduce this legislation in the House very soon and are continuing to push for original co-sponsors of the bill. AGC opposes the Employee Free Choice Act and urges AGC members to discourage cosponsorship. EFCA… Read More
February 13, 2009
Sign Up Today For AGC's Federal Contractors Conference in Washington D.C.
Registration for AGC's Federal Contractors Conference can now be accessed through the new meeting Web site. The Federal Contractors Conference is the only national event where AGC contractors and Federal agency personnel can meet and review procurement and contracting issues from around the United… Read More
February 13, 2009
AGC Members Mount Effort to Discourage Cosponsors of "Card Check;" AGC Urges Members to Continue to Act
Supporters of the (so-called) Employee Free Choice Act (EFCA) are making a push to introduce this legislation in the House very soon and are continuing to push for original co-sponsors of the bill. AGC opposes the Employee Free Choice Act and urges AGC members to discourage cosponsorship. EFCA… Read More
February 12, 2009
President Signs Stimulus Bill
President Obama signed the American Recovery and Reinvestment Act. The plan includes significant infrastructure investment, as outlined in the AGC summary of infrastructure and public building investment provisions. For more information, visit www.agc.org/stimulus, which is updated regularly with… Read More
February 12, 2009

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