The Marcum Commercial Construction Index for the first quarter of 2023 reports that the construction industry retains momentum despite still-elevated inflation and ongoing labor shortages.
The U.S. Treasury Department’s Office of Economic Policy released a new report entitled, “Labor Unions and the Middle Class,” that highlights the role that labor unions play in the American economy.
The top economist in the cement, concrete and construction industries predicts a stronger U.S. economy during the first half of this year than was previously expected but believes there will likely be a slowdown in economic growth starting this summer.
FMI Corp. released a new white paper, titled “The New Economy Versus the Old Economy: Winners and Losers in Tomorrow’s Built Environment.” The white paper includes the company’s research on how current industry and economic trends are expected to shape the broader built environment in the coming months and years.
The Metal Construction Association’s summer meeting, which is scheduled in Rosemont, Illinois June 13-15, will include a panel discussion on the global supply chain, a sustainability presentation, committee and council updates and social opportunities.
While the original commercial passenger terminal was constructed in 1952, it wasn’t until the 1990s—when commuter airlines became more prevalent—that Alpena’s civilian air travel expanded enough to qualify for Federal Airport Improvement funds. By 2018, county and airport officials were ready to update operations by replacing the long-standing terminal with a more expansive and updated facility.
A rule that applies “economic realities” to determining whether a subcontractor is an independent contractor or employee may be back on the table for contractors.
According to a new report from AIA, the nonresidential building sector is expected to see a healthy rebound through next year after failing to recover with the broader economy last year.
The HEALS Act Includes Essential Liability, Workforce, Financial & Unemployment Reforms, But Association Will Work to Get Needed Infrastructure Investments Included in Final Relief Measure
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued a statement in reaction to the release of Senate Republican’s latest coronavirus relief measure, the Heals Act.