Monthly Archives: May 2020

Construction Employment Shrinks In 49 States And D.C. In April; New Association Survey Finds Mix Of Layoffs, Pickup In Hiring In May

May 22, 2020

Two-Thirds of Firms Report Having Projects Delayed or Canceled Since the Start of the Outbreak as Association Calls for Measures to Revive the Economy, Boost Demand for Construction and Save Jobs

House Democrats’ Coronavirus Measure Provides Some Relief For Contractors, But Lacks Other Steps Needed To Help Construction

May 12, 2020

Construction Official Says New Highway Funding, Employee Retention Credits and Pension Relief Will Help, But Lack of Safe Harbor Measure, Extension of Unemployment Bonus Will Undermine Recovery

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to release today of House Democrats’ Proposed Coronavirus Recovery Measure:

Construction Industry Loses 975,000 Jobs In April As New Association Survey Shows Deteriorating Demand For Construction Projects

May 8, 2020

Association Partner Procore Also Releases Near Real-Time Construction Data Measuring Impacts of Coronavirus as Association Calls for New Measures, Including Safe Harbor Provisions, to Revive Industry

Decision To Extend Paycheck Protection Program Loan Return Deadline To May 14th Helps, But Clarifications Still Needed To Save Jobs

May 5, 2020

Construction Official Urges Treasury Department to Clarify Recent, Confusing, Guidance that is Prompting Many Construction Firms to Return Loans, Cut Staff Instead of Risking Prosecution

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to the Treasury Department’s announcement that it will extend the deadline for allowing firms to return their Paycheck Protection Program loans from May 7th to May 14th:

Three Universities Named Nation’s Most Outstanding Student Construction Chapters Of 2019, According To National Trade Association

May 5, 2020

Associated General Contractors of America Names Chapters at Missouri State University, Colorado State University and Boise State University Winners of its Outstanding Student Chapter Contest

Nonresidential Construction Spending Declines In March As Pandemic Halts Projects; Group Warns Loan Threats Are Hurting Relief Program

May 1, 2020

Treasury Department’s Recent Changes to Paycheck Protection Program Loan Guidance Are Making It Even Harder for Firms to Maintain Jobs Amid Declining Private-Sector Demand for Construction

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