WASHINGTON (April 2, 2021) — An Associated Builders and Contractors (ABC) analysis of data released last week by the United States Bureau of Labor Statistics reports that 110,000 jobs in March. Employment is now 1.7% higher than this time last year. This coincides with unemployment numbers dropping to 6% from 6.2% in February.
WASHINGTON (April 2, 2021) — Department of Transportation Secretary Pete Buttigieg has detailed one of the top priorities for the upcoming infrastructure bill from the Biden administration: the $11.6 billion Hudson River Tunnel project in New York City. The project’s goal is to repair and replace sections of the tunnel damaged by saltwater in 2012.
WASHINGTON (March 31, 2021) — President Biden detailed his next legislative push Wednesday — an economic stimulus with a focus on infrastructure and creating jobs. The plan would spend $2.5 trillion over an 8-year period, paid for by a corporate tax increase to 28%, up from the current rate of 21%. According to the White House, the plan would be funded by the tax hike in 15 years.
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WASHINGTON (March 26, 2021) — President Biden’s advisors are said to be working on a $3 trillion economic package that will have a major infrastructure component. More details are expected on March 31, when the president will travel to Pittsburgh to announce more details on the upcoming push. Gina McCarthy recently discussed the infrastructure plans, which will include efforts to combat climate change and work toward a greener economy.
BIRMINGHAM, Ala. (March 24, 2021) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with AvidXchange.
The live, online event, “The Future of Payments: What's Next for AP?” will take place April 29, 2021, at 1 p.m. CDT, and will explore the era of automation and what it means for construction businesses.
Registration is free at constructionbusinessowner.com/webinars.