House Democrats Coronavirus Measure Provides Some Relief For Contractors, But Lacks Other Steps Needed To Help Construction

 

 

 

 

 

 

 

 

Construction Official Says New Highway Funding, Employee Retention Credits and Pension Relief Will Help, But Lack of Safe Harbor Measure, Extension of Unemployment Bonus Will Undermine Recovery

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to release today of House Democrats’ Proposed Coronavirus Recovery Measure:

Nonresidential Construction Spending Declines In March As Pandemic Halts Projects; Group Warns Loan Threats Are Hurting Relief Program

Treasury Department’s Recent Changes to Paycheck Protection Program Loan Guidance Are Making It Even Harder for Firms to Maintain Jobs Amid Declining Private-Sector Demand for Construction

Construction Employment Declines In 99 Metro Areas In March From 2019 As Industry Officials Call For New State & Federal Funding To Add Jobs

Laredo, Texas and Lake Charles, La. Have Largest Construction Job Losses While Lewiston, Idaho-Wash. And Dallas-Plano-Irving, Texas Add the Most Jobs; Association Survey Indicates Losses will Spread

Construction Employment Declines In 20 States And D.C. In March, In Line With Industry Survey Showing Growing Job Losses For The Sector

New Monthly Job Loss Data Foreshadows More Layoffs Amid Project Cancellations and State Cutbacks in Road Projects as Association Calls for More Small Business Relief and Immediate Aid for Highway Funding