Construction input prices increased 1.3% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices increased 1.6% for the month.
Associated Builders and Contractors Vice President of Regulatory, Labor and State Affairs Ben Brubeck released the following statement regarding the U.S. Department of Labor’s announcement that it will withdraw the independent contractor rule
Construction employment was unchanged from March to April as nonresidential contractors and homebuilders alike struggled to obtain materials and find enough workers, according to an analysis by the Associated General Contractors of America of government data released May 7.
Congress and the Biden administration must promote fair and open competition on any taxpayer-funded infrastructure plan so that all of America’s experienced contractors and talented construction workers are welcome to rebuild their communities. Unfortunately, controversial language in the Biden administration’s American Jobs Plan calls on Congress to tie federal investment in infrastructure to costly government-mandated project labor agreements.
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