Overall construction input prices increased 1.1 percent in January, reversing a slight decline in December 2017, according to an ABC analysis of Bureau of Labor Statistics data. Compared to this time last year, overall construction materials prices are up 4.9 percent. Nonresidential construction materials prices are up 4.7 percent year over year and up 1 percent on a monthly basis.

According to the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website, the OFCCP mailed 1,000 Corporate Scheduling Announcement letters (CSAL) to federal contractor establishments on Feb. 1. The CSAL is a notification to an establishment that has been selected by the Federal Contractor Selection System to undergo a compliance evaluation during the scheduling cycle.

On Feb. 12, President Donald Trump announced the release of his administration’s infrastructure proposal. ABC President and CEO Michael D. Bellaman issued the following statement on the president’s infrastructure plan: “ABC applauds the president for sending Congress a plan to rebuild America’s infrastructure. It is now time for lawmakers to develop legislation and policy to efficiently modernize America’s infrastructure and drive economic growth and prosperity for all Americans."

This week, Senate Majority Leader Mitch McConnell plans to bring the immigration debate to the floor through an open and unlimited amendment process that could subject senators on both sides of the aisle to politically tough votes. Through this process, a 60-vote threshold will be required for passage of any proposal. 

On Feb. 9, shortly before the White House released its 2019 budget request, both chambers of Congress passed, and the president signed, a funding agreement that sets a budget for fiscal years 2018 and 2019. The deal will raise federal spending caps by $300 billion in 2018 and 2019 and suspend the debt limit until 2019.

Eight of the nation's top 25 construction companies are ABC members, according to Engineering News-Record’s (ENR) recently published annual list of Top 600 Specialty Contractors. These successful contractors were ranked based on 2017 revenue.

Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman issued the following statement on President Donald Trump’s infrastructure proposal: “ABC applauds the president for sending Congress a plan to rebuild America’s infrastructure. It is now time for lawmakers to develop legislation and policy to efficiently modernize America’s infrastructure and drive economic growth and prosperity for all Americans.

On Feb. 6, the Environmental Protection Agency and U.S. Army Corps of Engineers published a final rule adding an applicability date of Feb. 6, 2020 to the 2015 rule defining “waters of the United States” (WOTUS). The agencies finalized the rule in order to provide the regulated community clarity and certainty about which definition of WOTUS is applicable nationwide.

February is Career and Technical Education (CTE) month, and it comes at the perfect time to celebrate the students, teachers and industry partners who are growing the career readiness of America’s construction workforce. 

ABC contractor members Fluor, EMCOR Group, AECOM, Jacobs Engineering Group, Peter Kiewit Sons’, Schneider Electric and Siemens were featured on Fortune’s “The World’s Most Admired Companies” list. Almost 4,000 experts, including executives, analysts and directors, voted on the companies, which received high scores in social responsibility, long-term investment value, corporate assets, quality of products and services, global competitiveness, innovation, people management and quality of management.