WASHINGTON (March 23, 2021) — Former Boston Mayor Martin Walsh has been confirmed as secretary of labor in a Senate vote this week. Walsh is notable in that he is the first union leader to serve in the position in more than 40 years. Associated Builders and Contractors (ABC) released a statement supporting the appointment and encouraging Walsh to focus on the construction industry.
WASHINGTON (March 18, 2021) — The PPP Extension Act of 2021 passed the House of Representatives in a 415-3 vote this week, extending the program to May 31 from the current application deadline of March 31. The Senate is expected to approve the bill this week. The push to extend the program follows the passing of the $1.9 trillion American Rescue Plan, which includes $7 billion to expand the Paycheck Protection Program (PPP).
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HAMILTON, N.J. (March 16, 2021) — A report recently released by Dodge Data & Analytics shows that construction starts fell 2% in February to an adjusted rate of $797.3 billion. Nonresidential and residential building starts both declined.
WASHINGTON (March 12, 2021) — The $1.9 trillion relief bill signed by President Biden today includes $10 billion in funds for the "Coronavirus Capital Projects Fund." These funds will go toward projects that "carry out critical capital projects directly enabling work, education and health monitoring, including remote options," in response to the COVI
