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2021: Helping Members Thrive in the Next Normal
After a challenging 2020, the plumbing-heating-cooling industry is looking forward to renewed prosperity with the hope that COVID-19 will fade into the background with the introduction of multiple vaccines and hence, encouraging the public to work, shop, dine and travel the way it did in pre-pandemic times. In fact, some economists are predicting the economy will return to normal by this fall. The recovery, however, will not be without its share of challenges.
Another COVID Relief Bill Slated to Pass House by End of Week
The U.S. House of Representatives is going through the procedural motions to pass the American Rescue Plan, the fifth comprehensive COVID relief bill. It is expected to pass the House by Friday, Feb. 26, though it may have to overcome a few hurdles in the Senate. The bill is a major Biden administration priority that will provide additional emergency funding to state and local governments to fight the pandemic and mitigate its economic and public health consequences.
PHCC Joins With Industry Counterparts to Support the National Apprenticeship Act
Earlier this month, PHCC joined with the International Association of Plumbing and Mechanical Officials (IAPMO); the Union of Plumbers, Fitters, Welders, and Service Techs (United Association, or UA); and Plumbing Manufacturers International (PMI) to celebrate the passage of the National Apprenticeship Act (NAA) in the U.S. House of Representatives.
2021 Economic Forecast
After more than 10 years, the longest U.S. expansion on record came to a screeching halt due to the novel coronavirus. A recession precipitated by the pandemic began in March of last year. Although not officially declared yet, most economists agree that June was the last month of a very short, deep recession. Even though economic growth resumed in July, economic activity has yet to return to its pre-pandemic level. Return to that level as measured by Gross Domestic Product (GDP) is unlikely to happen until at least the second half of this year or early next.
Plumbing Industry Allies Support National Apprenticeship Act of 2021
The International Association of Plumbing and Mechanical Officials (IAPMO), the United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States, Canada (UA), the Plumbing-Heating-Cooling Contractors — National Association (PHCC), and Plumbing Manufacturers International (PMI) applaud the House of Representatives for bipartisan passage of the National Apprenticeship Act of 2021 (H.R. 447) on Friday and strongly encourage the Senate to approve it as well