Survey Finds Contractors Face Shortages of Materials and Workers, Delivery Delays and Cancellations; Association Officials Urge Additional Measures to Help Workers, Firms and the Economy to Recover
Construction spending in February increased 6.0 percent from February 2019, with year-over-year gains in both residential and nonresidential outlays, according to a new analysis of federal data released today by the Associated General Contractors of America.
Join ICAA for a 75-minute webinar about the new law (effective 4/1/20), new sick and medical leave provisions for employees, and your rights and obligations as an employer.
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued a statement in reaction to the release of new guidance from the Department of Homeland Security’s Cybersecurity & Infrastructure Security Agency that clarifies construction’s critical role in supporting essential infrastructure.
The Creation of the Paycheck Protection Program Under the Cares Act, as Well as the Expansion of Other Key SBA Programs, Should Help Small Businesses and Contractors Weather the COVID-19 Storm
As the impact of COVID-19 continues throughout the construction industry, many businesses are finding it difficult to make payroll and pay other essential business expenses.
Thirty-nine percent of contractors report that project owners have halted or canceled current construction projects amid deteriorating economic conditions, according to a survey released today by the Associated General Contractors of America.
Construction crews in many cities continued to raise cranes and swing hammers as much of the world shut down to stem the spread of coronavirus. While Boston and Pennsylvania ordered a halt to most construction projects, some other cities and states designated construction as an essential or crucial sector.
The contractor members of the Building Trades Employers Association [BTEA], the largest association of union contractors in New York, have always responded when New York faced its most serious challenges: 9/11, Superstorm Sandy and today the COVID-19 Pandemic.
The coronavirus relief measure the Senate passed last night will provide construction employers and employees with critically needed access to capital, expedited cash flow, worker benefit protection and critical tax relief, among other measures.