Construction Backlog Indicator Falls Sharply in November, Confidence in Profit Margins Dips

Construction backlog is down for December, but contractor confidence is high. Are projects dwindling or is productivity ramping up? WASHINGTON, Dec. 16—Associated Builders and Contractors reported that its Construction Backlog Indicator fell to 8.1 months in November, according to an ABC member survey conducted Nov. 20 to Dec. 8. The reading is down 0.3 months since […]

Court Decision Removes PLA Mandate From Federal Construction Project

A recent decision by the U.S. Court of Federal Claims favored a challenge to a Biden-era PLA policy. WASHINGTON, Dec. 18—Associated Builders and Contractors welcomed a decision by the U.S. Court of Federal Claims that ruled in favor of an ABC federal contractor member challenging former President Joe Biden’s project labor agreement mandate on federal construction projects […]

House Passes ABC-Supported Permitting Reform Legislation

ABC supported two permitting reform bills, which just passed a vote in the U.S. House. WASHINGTON, Dec. 18—Associated Builders and Contractors applauded the U.S. House of Representatives for passing two comprehensive, ABC-supported permitting reform bills: H.R. 3898, the Promoting Efficient Review for Modern Infrastructure Today Act, and H.R. 4776, the Standardizing Permitting and Expediting Economic Development Act. “The […]