Items Tagged with 'Associated Builders and Contractors'

A smaller construction labor shortage in 2026 reflects cooling demand, not a fix, as retirements, megaprojects and backlog gaps keep risk elevated.

Iron, steel and electrical inputs led increases in construction inputs in May while natural gas saw a steep price fall economy-wide.

White House Office of Management and Budget directs federal agencies to continue using project labor agreements on construction projects but broadens allowable exceptions.

The Associated Builders and Contractors challenged the rule along with groups from other business sectors.

With projections showing former President Donald Trump has retaken the presidency, the focus for construction observers now turns to the final tally in Congress.

ABC, AGC, ACEC contributions already top totals for the full 2020 election cycle, while labor union spending is steady or slightly up from past elections.

But some industry groups favor Trump, believing he would be more sympathetic to business concerns. 

The U.S. Chamber of Commerce and Associated Builders and Contractors challenged the agreement ban, but it was supported by building trades unions. 

In the wake of President Joe Biden’s decision to withdraw from the 2024 presidential race, construction is starting to see some follow-up developments, but industry officials caution that the impacts of Vice President Kamala Harris' candidacy remain to be seen.

Reports from key industry events across the Southeast region.