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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.
On Feb. 5, 2018, ABC joined the Associated General Contractors, National Association of Home Builders and the Leading Builders of America in sending a letter to Republican and Democratic leadership in the U.S. House of Representatives and Senate to express support for broad, bipartisan reform to the U.S. immigration system and recommend policies that would help address the workforce needs of construction industry employers.
The unemployment report from the Bureau of Labor Statistics shows growth in both public and private construction spending, according to an analysis by ABC. Construction added 36,000 net new jobs in January, an impressive increase of 0.5 percent on a month-over-month basis.
Nonresidential construction spending expanded 0.8 percent in December, totaling $720.4 billion on a seasonally adjusted basis, according to ABC's analysis of data released by the U.S. Census Bureau. This represents the fifth consecutive month during which the pace of nonresidential spending has increased.