Capitol Update 12/19/2022
AGC: Construction costs up 10% in 2022 A study by the Associated General Contractors of America found about a 10% increase in total costs for the construction industry over the past year. The study looked at building materials, fuel and labor and found persistent supply … read more
Capitol Update 12/12/2022
US could skirt recession, former Fed economist says While the potential risks of a coming economic downturn are “very high,” factors such as the strong labor market and loosening pressure on supply chains could see the U.S. economy narrowly missing a recession, Julia Coronado, president … read more
Capitol Update 12/5/22
Bills to avert rail strike advance with House approval A major rail strike would be averted with two resolutions that have cleared the House and are headed the Senate. Four holdout unions would be forced to accept a previously agreed but rejected contract under one … read more