Photo courtesy ABC Romney won the endorsement of the Associated Builders and Contractors following his address to the group's board of directors last week in Phoenix. Photo courtesy ABC Anirban Basu, ABC's chief economist, gave an upbeat view of the improving economy during a presentation at BizCon in Phoenix. Republican presidential candidate Mitt Romney promised to undo much of the regulatory and labor initiatives of the Obama administration, he said during a speech Thursday to the Associated Builders and Contractors' board of directors in Phoenix. Later that day, the association of construction industry executives threw its hat behind Romney's candidacy
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.