News for Economics
L&I Director on Rates: Aiming for Predictability, Lower Costs
L&I Director on Rates: Aiming for Predictability Lower Costs
Editor’s note: We asked the Department of Labor & Industry Director Joel Sacks to answer a few questions for this newsletter about his thinking regarding workers’ comp rates. Click here for a separate article about the propos...
Posted on: 10/08/2013
Get Info on Shutdown's Impacts
To provide details on how contractors could be impacted by -- and what they can do during -- the government shutdown AGC of America created this Government Shutdown Resource Center.
Posted on: 10/08/2013
2014 WA State Construction Forecast on Nov. 20
AGCs Southern District will hold this free seminar at the Fife office (3601 20th Street East) on Nov. 20 from 12-1:30pm. Please save the date and RSVP today. McGraw-Hill Constructions top forecaster will present a 2014 Washington State-specific sector-by-sector construction forecast. This informa...
Posted on: 10/08/2013
LAST CALL: 2011 Economic Forecast with McGraw Hill, BofA, Schnitzer West
Nov. 10: Panelists present state-level construction forecasts by sector discuss the outlook for financing and look at the near future of commercial development. Hear info that will help you identify key opportunities target growth markets and make critical decisions. Discount for AGC Members (on...
Posted on: 11/02/2010
Helping You Plan for 2011: Economic Forecast Event Nov. 10
Representatives from Bank of America and Schnitzer West will join McGraw Hill’s construction economist Cliff Brewis for “2011 Construction Outlook Update” cosponsored by AGC. The panelists will present state-level construction forecasting data by sector discuss the outlook for financing and look...
Posted on: 10/19/2010
AGC's Board Tackles Two Economic Issues: I-1082 and I-1098
By Tom Zamzow AGC President
Last week AGC’s Board of Trustees considered two initiatives that will be on the November ballot both of which could have big implications for contractors. The Board voted to remain neutral on I-1082 regarding workers’ comp and to oppose I-1098 the income tax initiat...
Posted on: 09/21/2010
Dino Rossi Warns of \Fiscal Cliff\ at Southern District Dinner
Dino Rossi visits with “Fast” Eddie Zawislak of Coast Crane Co. at the AGC Southern District Membership Dinner.
“A common theme I hear from voters during this campaign is opportunities are decreasing as government increases.”
This statement is from Dino Rossi GOP candidate for US Senate who d...
Posted on: 09/21/2010
New Yakima Stadium Would Boost Jobs, Economic Development
AGC encouraged the Yakima City Council to support a new stadium in the city. The stadium will keep the Yakima Bears’ baseball team in town and spur economic growth in general.
“I would like to strongly encourage the Yakima City Council to consider the overall economic benefits surrounding the p...
Posted on: 09/08/2010
Expanding Markets, Minimizing Costs at the Local Level
The best economic stimulus the government could provide is expedited projects and it wouldn’t cost a thing.” That statement by Jeff Stroud of Mountain Construction sums up one of the primary reasons why AGC members and staff play such an active role in local government policymaking.
Throughout ...
Posted on: 07/27/2010
Bank CEO Highlights Economic Bright Spots and Land Mines
More than 100 people – the largest attendance in recent memory – attended the Southern District monthly membership dinner on Feb. 3 to hear Heritage Bank President and CEO Brian Vance shed some light on where the financial industry is and where it’s going.
Vance touted the value of community ban...
Posted on: 02/09/2010
AGC of America Announces Economic Recovery Plan
In response to the extremely difficult economic conditions facing the industry AGC of America developed a comprehensive recovery plan for construction. “Build Now for the Future: A Blueprint for Economic Change” outlines commonsense incentives tax credits and policy changes designed to stimulate ...
Posted on: 09/28/2009
Where's the Work? Project Lists from Public Agencies
Department of General Administration
Link to upcoming projects on General Administration website
General Administrations powerpoint presentation from June 1 AGC Brown Bag Event
Contact: John Lynch 360.902.7227 jlynch@ga.wa.gov
Port of Seattle
Link to projects ...
Posted on: 06/03/2009
Federal Contracting: Stimulus at Work Webinar Series
Its more important than ever that contractors - those experienced in Federal work or those looking to move into this market - are aware of the ramifications of rule and regulation updates and the impact of the stimulus bill on the Federal contracting process. An AGC of America webinar series prov...
Posted on: 05/12/2009
Tax Legislation Update: The Good, The Bad and The Ugly
The implications of recent tax legislation on the construction industry are significant.Several provisions create growth and help the industry flourish while others have a negative impact. During a free May 5 webinar Carleen J. Snyder CPA and Tax Partner for Moss Adams LLP will explore what you a...
Posted on: 04/15/2009
Kuney Joins Gregoire, Murray to Announce Stimulus-Funded Project
Max Kuney President of Max J. Kuney Company joined Gov. Chris Gregoire Sen. Patty Murray WSDOT Secretary Paula Hammond and other dignitaries to commemorate one of the first stimulus-funded projects to go to bid in the state.
At the Mar. 30 event in Bellevue Gov. Gregoire and Sen. Patty Murray an...
Posted on: 03/31/2009
Stimulus Package Seminars - All You Ever Wanted To Know!
The much-anticipated stimulus plan is here-so what does this mean for Washington contractors? A special presentation by Stanislaw Ashbaugh and AGC of Washington is in the works.
With the Presidents signing of the American Recovery and Reinvestment Act of 2009 the federal government has made $48 ...
Posted on: 02/24/2009
The Stimulus: What it Means to the Construction Industry
Congress passed the stimulus bill. AGC worked to ensure significant infrastructure investment was included and ultimately secured $140 billion in construction spending. For details on how the money will be distributed and specific policy provisions click Rebuild Americas Future on AGC of Americas...
Posted on: 02/19/2009
Protecting Your Company's Financial Interests During Tough Times
By Ryan W. Sternoff Ahlers & Cressman
In todays construction market contractors face increasing challenges thanks to a slowdown in construction projects problems in obtaining credit fewer investors for projects high construction costs and slow payment or nonpayment by clients. All of this c...
Posted on: 01/06/2009
2009 Forecast: Only Education and Multi-Family Up in WA State
Only education and multi-family construction will see an increase in Washington State next year according to a forecast by McGraw-Hill Construction.
The overall level of construction starts nationally in 2009 will slide another 7 percent to $515 billion after the 12 percent decline in 2008 predi...
Posted on: 12/16/2008
How to Survive a Recession in the Construction Industry - Dec. 3
AGC and AGC Education Foundation present a special course for top execs of firms of all sizes. Turn-around expert Dr. Thomas Schleifer will arm you for the challenges ahead with tested methods to prepare for - and prosper during - market changes. For info and registration visit Survive Recessio...
Posted on: 11/24/2008
Construction Forecast - A Short and Long Range View - Nov. 18
What does the States anticipated 4 billion $ budget deficit mean for construction? What does Bellevue see for building activity in 2009 and 2010? Will traditional markets keep Contractors employed over time? What will be the construction impacts of growth in the regions global health and green...
Posted on: 11/11/2008
Hebert: Local Business Execs Show Little Optimism for Health of Economy
Puget Sound-area business executives are feeling pretty pessimistic about how the local economy will fare in 2009 according to the quarterly business confidence report by Hebert Research Inc. Heberts Business Confidence Index reached its lowest point in a decade during the third quarter of 2008....
Posted on: 11/10/2008
Liquidity, Smart Vetting are Key in Credit Crunch Era
Be smart know who you are dealing with and be liquid.
That was the bottom-line advice to help contractors ride out this period of financial insecurity given by David Hombach Vice President of Construction Services for Travelers at a recent AGC Seattle District meeting.
Hombach offered these rec...
Posted on: 10/28/2008
Financial Turmoil and the Bond Market: Seattle District Membership Event
Youve read the news and followed the politics of the financial rescue plan. Now its time to gain insight into specifics about how the turmoil will affect our industry. At the Oct. 21 Seattle District meeting David Hombach VP at Travelers Bond and Financial Products will present The Economys Eff...
Posted on: 10/14/2008
State Congressional Delegation Divided on Bailout Bill
With the defeat of the financial rescue plan in the U.S. House of Representatives congressional leaders and the Bush Administration were scrambling to come up with a Plan B. Congress is expected to reconvene tomorrow (Wed. Oct. 1) in the hope of recrafting a package.
AGC of America had strongly...