flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Construction association ready to work with president-elect Biden to prepare significant new infrastructure and recovery measures

Market Data

Construction association ready to work with president-elect Biden to prepare significant new infrastructure and recovery measures

Incoming president and congress should focus on enacting measures to rebuild infrastructure and revive the economy.


By AGC | November 10, 2020

Courtesy Pixabay

The Associated General Contractors of America’s chief executive officer, Stephen E. Sandherr, issued the following statement in reaction to the election of Joseph Biden to serve as the next president of the United States:

“Congratulations to President-elect Biden and all newly elected and re-elected members of Congress. We are ready to work with the incoming administration and Congress to help craft an agenda that is focused in rebuilding infrastructure and reviving the national economy. To that end, we are eager to work with the president-elect as he and his team fashion their promised infrastructure investment proposals. In addition, we look forward to working with federal officials to craft a new, long-term highway and transit law, enact liability reform that protects honest firms from frivolous coronavirus lawsuits and pass other tax and credit measures that will stimulate economic growth and demand for construction.

“We are also ready to work with the incoming administration and Congress to ensure they understand that imposing needless new regulatory burdens and undermining the integrity of the current collective bargaining process in the construction industry will severely undermine efforts to revive our economy and efforts to expand career opportunities in the construction industry.

“The voters have made it clear they expect its national leaders to get things done. Now that the election is over, we expect President-elect Biden and the new Congress to keep their promise and dedicate themselves to the task of bringing together all parties and positions by enacting measures that will help rebuild our country.”

Related Stories

Industry Research | Dec 28, 2022

Following a strong year, design and construction firms view 2023 cautiously

The economy and inflation are the biggest concerns for U.S. architecture, construction, and engineering firms in 2023, according to a recent survey of AEC professionals by the editors of Building Design+Construction.

Self-Storage Facilities | Dec 16, 2022

Self-storage development booms in high multifamily construction areas

A 2022 RentCafe analysis finds that self-storage units swelled in conjunction with metros’ growth in apartment complexes.

Market Data | Dec 13, 2022

Contractors' backlog of work reaches three-year high

U.S. construction firms have, on average, 9.2 months of work in the pipeline, according to ABC's latest Construction Backlog Indicator. 

Contractors | Dec 6, 2022

Slow payments cost the construction industry $208 billion in 2022

The cost of floating payments for wages and invoices represents $208 billion in excess cost to the construction industry, a 53% increase from 2021, according to a survey by Rabbet, a provider of construction finance software.

Mass Timber | Dec 1, 2022

Cross laminated timber market forecast to more than triple by end of decade

Cross laminated timber (CLT) is gaining acceptance as an eco-friendly building material, a trend that will propel its growth through the end of the 2020s. The CLT market is projected to more than triple from $1.11 billion in 2021 to $3.72 billion by 2030, according to a report from Polaris Market Research.

Market Data | Nov 15, 2022

Construction demand will be a double-edged sword in 2023

Skanska’s latest forecast sees shorter lead times and receding inflation, but the industry isn’t out of the woods yet.

Reconstruction & Renovation | Nov 8, 2022

Renovation work outpaces new construction for first time in two decades

Renovations of older buildings in U.S. cities recently hit a record high as reflected in architecture firm billings, according to the American Institute of Architects (AIA).

Market Data | Nov 3, 2022

Building material prices have become the calm in America’s economic storm

Linesight’s latest quarterly report predicts stability (mostly) through the first half of 2023

Building Team | Nov 1, 2022

Nonresidential construction spending increases slightly in September, says ABC

National nonresidential construction spending was up by 0.5% in September, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.

Hotel Facilities | Oct 31, 2022

These three hoteliers make up two-thirds of all new hotel development in the U.S.

With a combined 3,523 projects and 400,490 rooms in the pipeline, Marriott, Hilton, and InterContinental dominate the U.S. hotel construction sector.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021