The producer price index (PPI) for finished goods fell 0.1%, seasonally adjusted, in September but rose 8.7% over 12 months, the Bureau of Labor Statistics reported on October 15. The PPI for inputs to construction industries, a weighted average of all materials used in every type of cosntruction… Read More October 25, 2008
AGC's Chief Economist, Ken Simonson, appeared October 24 on Fox Business to discuss the state of transportation infrastructure. Watch the video here.
October 24, 2008
Tools for Tough Times - An AGC Audio Conference
October 30, 2008 at 2:00- 3:30 pm ET
AGC Offers Free Program
In these tough economic times, it is even more important that contractors manage the risk of project nonpayment. This free AGC 90-minute program will provide practical tips contractors can… Read More October 24, 2008
AGC will provide a contractor's perspective on how additional infrastructure investment would help stimulate the economy through direct and indirect job creation at a hearing next Wednesday. AGC this week was invited to testify at the hearing, "Infrastructure Investment: The Road to Recovery,"… Read More October 23, 2008
The House Transportation & Infrastructure Committee, chaired by Congressman James Oberstar (D-Minn.), issued a report October 18 condemning the Bush Administration for its failure to adequately invest in the nation’s water infrastructure.
The report, "Stagnant Waters: The Legacy of the Bush… Read More October 23, 2008
On October 23, the Department of Homeland Security (DHS) issued the Supplemental Final Rule on "Safe Harbor Procedures for Employers Who Receive a No-Match Letter: Clarification; Final Regulatory Flexibility Analysis." The original rule was a concern to AGC and its members due to the lack of… Read More October 23, 2008
AGC recently attended a meeting with the Federal Acquisition Regulations (FAR) Council, where members of the Council reported that two proposed rules critical to contractors who perform federal work are under final review and could publish in the Federal Register in the next 45 days and no later… Read More October 23, 2008
The Americans for Transportation Mobility (ATM) coalition met today with Mort Downey, former DOT Deputy Secretary and currently advisor to the Obama campaign on transportation to discuss the candidate’s positions on these issues. Mr. Downey presented a four page description of Sen. Obama’s… Read More October 21, 2008
A House democratic plan to enact economic stimulus legislation before the end of the year received a boost yesterday as Federal Reserve Chairman Ben Bernanke tentatively endorsed the idea and the Bush administration softened its opposition. Prior to adjournment, the House passed a stimulus bill… Read More October 21, 2008
At its Fall Board meeting this week, AASHTO approved a proposal from its SAFETEA-LU reauthorization task force to recommend to Congress that next year’s surface transportation legislation authorize $544.5 billion in new funding. This would almost double the $286 billion authorized over six years in… Read More October 21, 2008
