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ABC Slams U.S. DOL’s Withdrawal of Trump-era Independent Contractor Final Rule

May 05, 2021

On May 5, the U.S. Department of Labor announced the withdrawal—effective May 6—of the Trump-era independent contractor final rule. While expected, this action is extremely disappointing. ABC strongly supported the Trump DOL final rule, which would have clarified the department’s interpretation of independent contractor status under the Fair Labor Standards Act and promoted certainty for employers, independent contractors and employees.

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From the category archives: CBI

CBI

Participate in ABC’s CBI/CCI Economic Survey

All ABC contractor members received the monthly Construction Backlog Indicator/Construction Confidence Survey in their inboxes on Tuesday, April 20. Please encourage your members to respond to this monthly survey to help us understand the market forces that are shaping the construction outlook for the coming months.

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Construction Backlog Surges, Sets Record in Third Quarter

Providing more evidence of a strengthening economy, Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) set a record as it expanded to 9.45 months during the third quarter of 2017, up 9.8 percent from the second quarter to the longest backlog reading in the eight-year history of the series.  CBI is up by 0.8 months, or 9.2 percent, on a year-over-year basis.
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