ARLINGTON, Va. (Nov. 10, 2021) — Rising construction materials prices appear to be starting to drive up the price of construction projects, according to an analysis by the Associated General Contractors of America (AGC) of government data. Association officials noted that despite a big jump in what contractors charge for projects, the rise in materials prices is still much higher.

WASHINGTON (Nov. 9, 2021) — Associated Builders and Contractors (ABC) and its Alabama chapter has filed a petition for review with the U.S. Court of Appeals in the 11th Circuit against the Occupational Safety and Health Administration for its COVID-19 vaccination and testing Emergency Temporary Standard (ETS), which applies to employers with 100 or more employees.

The long-discussed infrastructure bill has finally passed Congress, prompting reactions and statement from construction industry associations and contractors. The bill cleared the House on a 228-206 vote. The bill will be paid for with $210 billion in unspent COVID-19 relief aid and $53 billion in unemployment insurance aid.

BIRMINGHAM, Ala. (Nov. 5, 2021) — Construction Business Owner (CBO), the leading business magazine for contractors, is pleased to announce the nine finalists of its Outstanding Women in Construction (OWIC) 2021 honor.

OWIC was designed to recognize industry-leading females and their skills, achievements and contributions to the construction industry. The nine finalists selected for OWIC 2021 are:

HAMILTON, N.J. (Nov. 5, 2021) The Dodge Momentum Index increased 10% in October to 181.2 (2000=100), from the revised September reading of 164.6. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

WASHINGTON (Nov. 4, 2021) — Longtime construction industry leader, instructor and military veteran Frank Boecker recently testified on behalf of Associated Builders and Contractors (ABC) before the U.S. House Committee on Small Business Subcommittee on Innovation, Entrepreneurship and Workforce Development on the indispensable role that community colleges, trade schools and career and technical education programs play in the construction industry.

ARLINGTON, Va. (Nov. 3, 2021) — Nearly one-fifth of U.S. metro areas lost construction jobs between September 2020 and September 2021, according to an analysis by the Associated General Contractors of America (AGC) of government employment data. Association officials noted that the job losses are occurring in many metro areas as plans to boost investments in infrastructure languish in Washington and firms cope with shortages, delivery delays and construction materials price increases.

ARLINGTON, Va. (Nov. 2, 2021) — Total construction spending declined in September for the first time since February, as both residential and nonresidential construction slipped, according to a new analysis of federal construction spending data from the Associated General Contractors of America (AGC).

WASHINGTON (Oct. 28, 2021) — Investment in nonresidential structures contracted at an annual rate of 7.3% during the third quarter of 2021 and has now contracted during seven of the past eight quarters, according to an Associated Builders and Contractors (ABC) analysis of data by the U.S. Bureau of Economic Analysis. The overall economy expanded at a 2.0% annualized rate during the third quarter of 2021.

WASHINGTON (Oct. 26, 2021) — The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for September was $9.2 billion, up 6% year-over-year from new business volume in September 2020. Volume was up 8% month-to-month from $9.9 billion in August.

NOVI, Mich. (Oct. 26, 2021) — Hino Trucks is raising the bar once again in customer ownership experience with the introduction of Hino Edge, the company’s all-new, third generation connected vehicle solution. Hino Edge synergizes the digital connection between the fleet customer, dealer network, Telematics Service Providers (TSP’s) and Hino Ultimate Support Center, to provide customers a competitive edge.

ARLINGTON, Va. (Oct. 22, 2021) — Only 14 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020, according to an analysis of federal employment data by the Associated General Contractors of America (AGC). Association officials noted that widespread supply chain disruptions amid and the lack of a much-needed federal infrastructure bill have impeded the sector’s recovery.