News

Update on Economic Stimulus Activity

澳门六合彩开奖预测 of America continues to aggressively advocate for building infrastructure and tax incentives, along with other infrastructure, to be a major part of any economic stimulus package.聽 Below are highlights of some of 澳门六合彩开奖预测's recent activities: Infrastructure Coalition Sends Letters, Begins Media Campaign: An 澳门六合彩开奖预测-led coalition of organizations in the building design and construction industry sent two letters to聽Congress and the President-elect last week focused on economic stimulus.聽聽One聽letter focused on including building infrastructure investment in a stimulus and聽identified needs in the different building markets.聽 The coalition also sent a letter highlighting聽tax incentives that would stimulate the economy, improve energy efficiency, and create job opportunities in a stimulus package.聽 If you聽would like to聽view the two letters, please click on and . In addition, the coalition will be placing advertisements in Roll Call, the widest read publication on Capitol Hill by policy makers. 澳门六合彩开奖预测 Holds Media Conference Call on Economic Stimulus: On January 8, 澳门六合彩开奖预测 hosted a media conference call with approximately 60 reporters to announce its first-ever construction employment and business forecast.聽聽President-elect Doug Pruitt (Sundt Construction, Tucson, Ariz.), CEO Steve Sandherr, Chief Economist Ken Simonson and members Brian Burgett (Kokosing Construction, Fredericktown, Ohio), Tracy Hart (Tarlton Corporation, St. Louis, Mo.), Steve Kimball (Kimball Construction Co, Baltimore, Md.) and Don Weaver (Weaver Bailey Construction Company, El Paso, Ark.) outlined how under current market conditions almost two-thirds of commercial construction companies are planning to lay off workers this year.聽聽All told, those layoffs could lead to a 30 percent reduction in the commercial construction workforce.聽 They emphasized that market conditions could change rapidly with new stimulus funding and could actually lead to a 25 percent increase in commercial construction jobs this year.聽聽To see the forecast results, click . 澳门六合彩开奖预测 Submits Stimulus Testimony to House Democratic Steering & Policy Committee: On January 7, the House Democratic Steering and Policy Committee held a forum on the economic outlook and the components of an economic recovery plan to spur job creation and create long-term growth. Speaker Nancy Pelosi (D-Calif.), Steering and Policy Committee co-chairs Congressman George Miller (D-Calif.) and Congresswoman Rosa DeLauro (D-Conn.) chaired the forum featuring a panel of economists and experts in infrastructure investment. 澳门六合彩开奖预测 recommended to the Committee a full range of economic stimulus activities, including infrastructure investment and tax policies that would have an immediate positive impact on economic activity.聽 Click to view 澳门六合彩开奖预测's testimony. 澳门六合彩开奖预测 Releases New National and State-by-State Economic Jobs Report: Personal earnings will increase by $1.1 billion and the national gross domestic product will increase by $3.4 billion for every billion dollars invested in new infrastructure projects, according to new national and state-by-state data released by 澳门六合彩开奖预测 on December 16, 2008. The comprehensive new data, which is based on new economic research conducted for the association as well as federal data and economic impact estimations, demonstrates the unmistakable benefit of including infrastructure investments as part of the stimulus package. According to the new data, for every billion dollars invested in projects designed to improve highways, water systems, educational and health facilities and energy systems, more than 28,500 jobs will be created or saved nationwide. 9,700 of those jobs would be for construction-related work. Another 4,600 would be for associated work, such as suppliers, while another 14,300 of those jobs would be added to the broader economy.聽聽澳门六合彩开奖预测 continues to press Congress to enact an economic recovery package with infrastructure investment as soon as possible to prevent further job losses in the industry and to create additional job opportunities for contractors and their workers.聽 To view the national and state-by-state data, go to . Get Involved!聽 Make sure you, your employees, colleagues,聽subcontractors, and suppliers sign a petition at and write a letter to Capitol Hill at to encourage聽Congress and President-elect Obama to act quickly to invest in vital infrastructure projects and put construction workers back to work.