Steep monthly declines in public and private nonresidential construction spending offset a surge in homebuilding in July, while industry employment decreased compared to July 2019 levels in two-thirds of the nation’s metro areas, according to an analysis by the Associated General Contractors of America of government data released today. Association officials said many commercial construction firms were likely to continue shedding jobs without needed federal coronavirus relief measures.
Gains in July are Limited to Residential Side as State and Local Governments and Private Owners Postpone And Cancel Upcoming Projects; Association Urges Prompt Federal Action to Make up for Revenue Losses
Association Officials Warn Further Contraction is Likely unless Federal Government Enacts Prompt, Major Investment in Infrastructure as State and Local Governments Face Deficits
Íæż½ã½ã of America has created a special report called We Kept America Building.
New York City and Brockton-Bridgewater-Easton, Mass. Have Worst 12-Month Losses, While Austin and Walla Walla, Wash. Top Job Gainers; 81 Percent of Metros Add Construction Jobs from May to June
The HEALS Act Includes Essential Liability, Workforce, Financial & Unemployment Reforms, But Association Will Work to Get Needed Infrastructure Investments Included in Final Relief Measure
Administration’s Final Reforms to the Federal Environmental Review Process Fix Problems with Prior Process, Maintain Environmental Rigor, and Accelerate Needed Infrastructure Improvements
Together, Íæż½ã½ã of America and its Michigan Chapter have extended the association’s long string of successful efforts to establish that the commercial general liability insurance (CGL) policy sold to construction contractors across the United States does provide coverage for property damage resulting from unexpected and unintended defects in a subcontractor’s workmanship (unless one of the policy’s specific exclusions applies). On June 29, 2020, the Michigan Supreme Court became the latest of many state supreme courts to agree that such damage is an “occurrence.â€
New Survey by the Associated General Contractors of America and HCSS Catalogs Work Zone Risks for Motorists and Workers as Construction Activity Increases Amid Growing Number of Road Trip Vacationers
Together, Íæż½ã½ã of America and its Maryland Chapter have plugged a potential loophole in standard contract provisions intended to preclude costly litigation over the damage that a project suffers during construction. The association’s victory in Maryland’s highest court means the standard provisions will continue to have their intended effect, precluding litigation over property damage that the builder’s risk insurance will cover.