Building

Collective bargaining negotiations settled from January through June 2018 resulted in an average first-year wage-and-benefits increase of 3.0 percent or $1.65, according to the Construction Labor Research Council’s (CLRC) latest – and redesigned – Settlements Report.  While most first-year increases were in the 2.1-2.5 percent and 2.6-3.0 percent ranges, CLRC reported a “noticeable” percent of first-year increases of over 5 percent.  For newly negotiated multi-year agreements, the average increase for both the second and the third year of the contract was 2.8 percent.

Early Bird Rates End August 14

Following Scott Pruitt’s resignation late last week, Deputy Administrator Andrew Wheeler assumed the role of acting administrator of the U.S. Environmental Protection Agency (EPA) on July 9.  In his first address to EPA staff, Wheeler indicated that he would continue President Trump’s goals for the agency to reign in federal regulatory overreach and refocus EPA on its core responsibilities. AGC supported Andrew Wheeler’s confirmation as deputy administrator in a letter to the senate earlier this year.

Construction costs accelerated again in June, with steep increases for a wide range of building and road construction materials as tariffs against foreign goods come into effect, according to an analysis by the Associated General Contractors of America of new Labor Department data. Association officials say that contractors will have to assume much of the costs as tariffs increase the costs of many key construction materials.