Monthly Archives: December 2020

New Coronavirus Recovery Measure Will Provide Some Needed Relief For Contractors Coping With Project Cancellations, Falling Demand

December 21, 2020

Measure’s Modest Amount of Funding for Infrastructure Projects and Clarification that PPP Loans May Not be Taxed Will Help Offset Some of the Challenges Facing the Construction Industry

The Associated General Contractors of America’s chief executive officer, Stephen E. Sandherr, issued the following statement in reaction to the release of compromise coronavirus relief legislation slated for House and Senate votes as early as today:

Construction Employment Trails Pre-pandemic Levels in 35 States Despite Gains in Industry Jobs from October to November in 31 States

December 18, 2020

New York and Vermont Record Worst February-November Losses, While Virginia Has Largest Pickup; California, Nevada Have Worst One-Month Job Losses, While Texas and Delaware Post Biggest Gains

Construction Trade Group Sues To Block Fed’s Unlawful Effort To Change Paycheck Protection Program (PPP) Rules

December 8, 2020

Small Business Administration and Office of Management and Budget Secretly Crafted Questionnaire that Asks about Everything Other Than the Economic Uncertainty that Congress Intended to Drive Program

Construction Sector Adds 27,000 Jobs in November, But Project Cancellations, Looming PPP Tax Bill Will Undercut Future Job Gains

December 4, 2020

Industry Unemployment Hits Highest November Level since 2012 as Sluggish Nonresidential Building and Infrastructure Construction Lags, While Residential Employment Nears Pre-Pandemic Peak

 

Only 30 Percent Of Metro Areas Add Construction Jobs In Latest 12 Months As Widespread Project Postponements And Cancellations Force Layoffs

December 2, 2020

Houston-The Woodlands-Sugar Land and Brockton-Bridgewater-Easton, Mass. Have Worst 12-Month Losses, While Dallas-Plano-Irving, Texas and Walla Walla, Wash. Lead in Construction Job Increases

Nonresidential Construction Spending Remains Flat In October While Residential Construction Expands As Many Commercial Projects Languish

December 1, 2020

Demand For Most Types of Nonresidential Projects Remains Flat Amid COVID-Uncertainty, Dwindling State and Local Budgets and the Lack of New Federal Coronavirus Relief Measures, Putting Jobs at Risk

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