July 2, 2020
Gains in June are Concentrated in Homebuilding as State and Local Governments Postpone or Cancel Roads and Other Projects in Face of Looming Budget Deficits; Association Urges Prompt Federal Action
June 22, 2020
The Moving Forward Act’s Proposed $1.5 Trillion in New Investments Will Improve Range of Public Infrastructure, Creating Needed Demand for Construction While Making the Economy More Efficient
Gains in May Reflect Temporary Support from Paycheck Protection Program Loans and Easing of Construction Restrictions, But Hobbled Economy and Tight State and Local Budgets Risk Future Job Losses
June 4, 2020
With Needed Improvements to the Vital Survival Program Complete, Construction Official Urges Congress and the President to Act Quickly on Measures to Rebuild the Economy and Restore Jobs
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to the passage of the Paycheck Protection Program Flexibility Act of 2020:
The U.S. House of Representatives overwhelmingly passed the AGC-backed Paycheck Protection Program Flexibility Act (H.R. 7010), which would make substantial improvements to the Paycheck Protection Program (PPP). Now, the Senate must take action and pass this important legislation to save construction jobs.
April 21, 2020
Construction Officials Urge Congress to Quickly Pass New Coronavirus Relief Measure and Start Work on Broader Recovery Measures, Including New Infrastructure Funding and Pension Relief
Late last night, the U.S. Department of the Treasury issued guidance in response to AGC’s concerns regarding the SBA Paycheck Protection Program eligibility criteria, found HERE. That guidance includes the following:
On March 25, the U.S. Senate passed the largest economic aid package in our nation’s history. On a 96 to 0 vote, the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act passed the Senate and is expected to be approved by the House and signed into law.
Dear Leader McConnell, Speaker Pelosi, and Minority Leaders Schumer and McCarthy,
