Related Links: Access the CPR Database for Construction Spending Can Leo Linbeck's Super PAC Remake Congress? As presidential and congressional campaigns head toward the Nov. 6 finish line, construction industry companies, associations and labor unions have pushed their campaign contributions to new highs. Even before final totals are in, they have surpassed the records set in 2008, the last presidential election cycle.Despite construction's still-tough market conditions, construction organizations and firms had contributed $101.1 million to federal candidates as of Oct. 25, according to the Center for Responsive Politics (CRP). The total for the full 2008 cycle was $94.9 million. In
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.