News

    EBI
    Aug 05, 2015

    EBI Trends Upward, Survey Respondents Indicate Uncertainty on Business Conditions in Upcoming Year

    Engineering CEOs continue to remain positive about business prospects for the remainder of 2015, but less sure about prospects for 2016, according to the Engineering Business Index (EBI) compiled by the American Council of Engineering Companies.

    Legislative Outlook
    Aug 05, 2015

    Extenders Bill Introduced in Senate

    On August 5, 2015 Senate Finance Committee Chairman Hatch introduced S. 1946, the 2-year extenders package that was reported out of the Senate Finance Committee on July 21st. The legislative text for the extenders bill can be found here.

    Construction
    Aug 03, 2015

    June Construction Spending Grows at 2006 Rate

    June’s construction spending of $1.065 trillion is 12 percent higher than the rate in June 2014, according to an analysis by the Associated General Contractors of America (AGC) — the fastest year-over-year seasonally adjusted increase since 2006.

    ABI
    Jul 22, 2015

    ABI Hits Post-Recession High

    In June the Architectural Billings Index hit its highest mark since July 2007, driven largely by demand for institutional projects such as new education and healthcare facilities, public safety and government buildings.

    179D Information
    Jul 22, 2015

    Senate Finance Committee Takes Action on 179D Extension

    Concord is pleased to report that the Senate Finance Committee has taken decisive action to improve the proven value of the Section 179D deduction. Yesterday, July 21st, the Senate Finance Committee held an open executive session to consider a bill to extend certain expired tax provisions. The 52 expired or expiring provisions included for review included the Section 179D deduction (also known as the EPAct deduction as a result of its creation from the Energy Policy Act of 2005).

    Legislative Outlook
    Jul 09, 2015

    Congressional Tax Committees Plan to Take Up Expired Tax Breaks

    The Senate and House committees that write tax laws seem to be ready to take up the string of so-called tax extenders — the tax incentives that include Section 179D — that have yet to be renewed for 2015.

    Construction
    Jul 02, 2015

    Construction Unemployment at Historic Lows

    While June construction employment kept even with May’s levels, unemployment in the sector fell to its lowest level since 2001, according to an analysis by the Associated General Contractors of America (AGC).

    Construction
    Jul 01, 2015

    Construction Spending Grows in All Sectors

    The last time construction spending was as high as it was in May, John McCain was running for president.

    ABI
    Jun 24, 2015

    ABI Recovers From April Slide

    The Architectural Billings Index increased in May, bouncing back from a decrease in April.