McGraw-Hill Construction forecast predicts an 8 percent increase in the value of new construction projects for 2011. While activity will still be a far cry from where it was in 2006, construction sectors are predicted to rebound slowly, including both single and multi-family housing. The commercial… Read More November 29, 2010
Seasonally adjusted nonfarm payroll employment rose in 41 states and the District of Columbia in October, fell in six states and was unchanged in North Carolina, South Dakota and Wyoming, the Bureau of Labor Statistics (BLS) reported on Tuesday. Employment rose from a year earlier in 36 states plus… Read More November 24, 2010
Join us March 21-25, 2011 in Las Vegas for the 92nd Annual AGC Convention. The 2011 Convention is held in conjunction with the CONEXPO/CON-AGG tradeshow -- free CONEXPO admission with your AGC Convention registration -- making it more of a can't-afford-to-miss program.
Early-bird registration… Read More November 24, 2010
Materials prices, which had been well behaved for nearly two years, have started to act up—with emphasis on UP. The producer price index (PPI) for inputs to construction industries—a weighted average of the cost of all materials used in every type of construction, plus items consumed by contractors… Read More November 23, 2010
Vote on repeal could happen as early as Monday
On November 29, the Senate is expected to return to debate the food safety bill. There are two amendments likely to be voted on that will repeal the new 1099 reporting requirements. The two amendments are:
The Johanns Amendment (S.Amdt 4702), which… Read More November 23, 2010
While most of us will be enjoying the Thanksgiving holiday, the members of the National Commission on Fiscal Responsibility and Reform will continue working to finalize their report before the December 1 deadline. AGC held several high-level meetings last week with Commission members and their… Read More November 23, 2010
On November 15, 2010, Senator Michael Enzi (R-Wyo.), Ranking Member, U.S. Senate Committee on Health, Education, Labor, and Pensions, and Senator Olympia Snowe (R-Maine), Ranking Member, U.S. Senate Committee on Small Business and Entrepreneurship, sent a letter to the Secretary of Labor Hilda… Read More November 23, 2010
A long list of issues face Congress when they return to the nation’s capital next week, including a meeting between President Obama and the incoming GOP House Leadership. Several issues are certain to draw attention next week, including: expiring unemployment benefits (November 30); a report on Don… Read More November 23, 2010
Construction employment expanded in 29 states between September and October, while fewer people are working in construction compared to last year in 39 states, AGC reported in an analysis of state employment data released Tuesday by the Labor Department.
The new figures continue a nearly year-… Read More November 23, 2010
The Central New York Business Journal reported on AGC's analysis of rising materials prices and its effect on contractors.
In the article, AGC's Ken Simonson notes that the price of diesel fuel is up 7.2 percent since September.
To read the full article, click here.
November 23, 2010
