BIRMINGHAM, Ala. (March 24, 2021) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with AvidXchange.
The live, online event, “The Future of Payments: What's Next for AP?” will take place April 29, 2021, at 1 p.m. CDT, and will explore the era of automation and what it means for construction businesses.
Registration is free at constructionbusinessowner.com/webinars.
WASHINGTON, (March 23, 2021) — According to an Associated Builders and Contractors (ABC) study of U.S. Bureau of Labor Statistics data released this week, the construction industry will need to hire 430,000 workers in 2021. The analysis also revealed that every $1 billion in extra construction spending generates an average of at least 5,700 construction jobs.
WASHINGTON (March 23, 2021) — Former Boston Mayor Martin Walsh has been confirmed as secretary of labor in a Senate vote this week. Walsh is notable in that he is the first union leader to serve in the position in more than 40 years. Associated Builders and Contractors (ABC) released a statement supporting the appointment and encouraging Walsh to focus on the construction industry.
WASHINGTON (March 18, 2021) — The PPP Extension Act of 2021 passed the House of Representatives in a 415-3 vote this week, extending the program to May 31 from the current application deadline of March 31. The Senate is expected to approve the bill this week. The push to extend the program follows the passing of the $1.9 trillion American Rescue Plan, which includes $7 billion to expand the Paycheck Protection Program (PPP).
HAMILTON, N.J. (March 16, 2021) — A report recently released by Dodge Data & Analytics shows that construction starts fell 2% in February to an adjusted rate of $797.3 billion. Nonresidential and residential building starts both declined.
