WASHINGTON (Feb. 22, 2021) — The Biden administration has announced changes to the Paycheck Protection Program (PPP) loan program that may impact the construction industry. For a 2-week period beginning on February 24, only small business with fewer than 20 employees can apply for new PPP loans. The goal is to help the smallest businesses collect funds to offset financial instability during the COVID-19 pandemic.
WASHINGTON, (Feb. 19, 2021) — The Committee for Economic Development of The Conference Board (CED) has released a new, comprehensive report that includes policy recommendations to combat the growing infrastructure problem in America.
HAMILTON, N.J. (Feb. 17, 2021) — According to Dodge Data & Analytics' latest Construction Starts release total construction starts dropped 4% in January to a seasonally adjusted annual rate of $794.3 billion.
TEXAS (Feb. 16 2021) — Severe winter weather across the country is causing blackouts and delays this week. Construction projects in Texas may be hit particularly hard as the overloaded power grid creates rolling blackouts lasing 30 hours or more in some parts of the state.
WASHINGTON (Feb. 17, 2021) —The construction industry has received more than $13 billion in Paycheck Protection Program (PPP) loans this year, second only to restaurants and hotels.
WASHINGTON (Feb. 9, 2021) — The U.S. Green Building Council (USGBC) released its annual list of the Top 10 States for LEED green building with Massachusetts leading the country in 2020 with the most certified square feet per capita. Across the top states, more than 60% of certifications were office, healthcare, higher education and K-12 projects. This year, USGBC also released a ranking of states with the most LEED professionals with California taking the top spot.