Get Involved

News and Media

 

U.S. Economy Contracts in Second Quarter, Investment in Structures Falls Again, Says ABC

by | Jul 28, 2022 | ABC | 0 comments

WASHINGTON, July 28—The U.S. economy contracted at a 0.9% annualized rate in the second quarter of 2022, according to an Associated Builders and Contractors analysis of data released today by the Bureau of Economic Analysis.

Upcoming Events

Recent Headlines

ABC: State Construction Unemployment Rates Range From 0.4% to 7.5%

WASHINGTON, Aug. 2—The not seasonally adjusted national construction unemployment rate was 0.1% lower in June 2023 from a year ago, down from 3.7% to 3.6%. According to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated...

Smucker Introduces the ABC-Supported Main Street Tax Certainty Act

On July 18, Rep. Lloyd Smucker, R-Pa., introduced the Main Street Tax Certainty Act, H.R. 4721, legislation which would make permanent the current 20% deduction for small and family-owned businesses, provided through Section 199A of the Tax Cuts and Jobs Act of 2017....