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October 23, 2019
EIC Awards Gala Update
It's hard to believe we're less than three weeks away from our 18th annual Excellence in Construction Awards Gala! If you've been to an EIC Awards Gala in the past, you know what a special night it is and how important it is for our Industry to congratulate and promote the top projects and contractors in the Carolinas. We can't wait to celebrate the 65 award-winning projects and see who was chosen as the top Project of the Year! This truly is a night to remember and we look forward to celebrating in style at the Westin Hotel in Downtown Charlotte. If you haven't reserved your ticket, there's still time, but tables are going quickly! Click Here to Register Online . There are already over 400 registered attendees coming from all over the Southeast from all areas of the construction industry. You can click here to view the current roster . If you need to book a room, our room block is filling up quickly, but we still have a limited number still available. You can click here to book your room online.
We hope to see you all on November 7th at our most premiere event of the year!
-Kristen Powell
Director of External Relations
ABC Charlotte S.H.E.D. Competition

It’s the question on everyone’s mind. How do we find new talent? 
HERE is the solution! We need your company to partner with ABC Carolinas & 8 local high schools for the 1 st  Annual Greater Charlotte Build A SHED Competition . You will have the opportunity to mentor a group of High School Students & teach them about the construction trade along with building relationships that could be turned into internships & jobs when they graduate. The minimum commitment will be 4-5 meetings about 1-2 hrs each with the students at their school in the months leading up to the competition on April 2 & 3, 2020. The day of the competition will consist of the students building an 8x12 garden shed, with your guidance. 
 
To get involved with the Greater Charlotte Build A SHED, please contact Sara Breeggemann, Director of Workforce Development, at sara@abccarolinas.org . We will need 8 General Contractors & 8 Subcontractors. 
This is a First Come, First Serve opportunity with a $500 sponsorship payment .
Click here for more Information
Executive Club Member of the Month
Upcoming Training Classes
INDUSTRY NEWS
ABC's Construction Backlog Indicator Rebounds in August
Associated Builders and Contractors reported today that its Construction Backlog Indicator climbed to nine months in August 2019, up 0.5 months or 5.4% from July 2019, when CBI stood at 8.5 months.
“Despite some other leading indicators suggesting weakening in nonresidential construction spending, our most recent backlog readings show that contractors are still experiencing significant demand for construction services” said ABC Chief Economist Anirban Basu. “The primary issue for most contractors is not a lack of demand, but an ongoing and worsening shortage of skilled workers available to meet contractual requirements. 
“Though this month’s report was generally positive, softening activity in the nation’s manufacturing sector is becoming more apparent in construction data,” said Basu. “Specifically, backlog in the heavy industrial category slipped to 7.7 months in August, a decline of 12%. A number of key manufacturing indicators have been weakening of late, including capacity utilization and the Institute for Supply Management’s index for manufacturing. It appears that the slowdown in factory activity is now being reflected in construction spending data.
“By contrast, backlog for those involved in heavy highway projects or other forms of infrastructure reached 10.4 months, an increase of nearly 13%,” said Basu. “The implication is that state and local governments are leveraging stronger fiscal positions and lower borrowing costs to move forward with more infrastructure projects. Not only is this a source of strength for the U.S. economy, it is helping to support overall nonresidential construction spending. Growing contractual volume in the infrastructure category helped to push backlog among Middle States contractors up to 8.8 months, a 1.8-month gain. Overall, backlog continues to be lengthiest in the South and West.”
SBA Offers Regulatory Guidance Document for Small Businesses
The U.S. Small Business Administration’s Office of Advocacy released a new  guidance document  to help small businesses understand their role and participate in the federal rulemaking process.
According to an SBA  news release , the document, titled  “A Basic Guide to Federal Rulemaking and Small Business,”  helps small businesses understand their role in the federal rulemaking process, outlines steps in the development of a new regulation, explains how to express concerns or support for a proposed rule, and provides information on how public comments affect the final rule.
In addition to the  guidance document , SBA’s Office of Advocacy provides businesses with resources on the federal rulemaking process, which include  regulatory alerts  and information on the agency’s  regional regulatory reform roundtables .
More resources from the Office of Advocacy can be found on the  SBA website .

SMPS Charlotte Presents: RNC 2020 & Its Economic Impact on Charlotte

Event Information:
SMPS Charlotte Presents: RNC 2020 & Its Economic Impact on Charlotte

November 6, 2019 at 11:30am – 1:00pm
Heist Brewery & Barrel Arts (Camp North End location)


2019 Executive Club Anchor Sponsors