ABC-FEC CEO: “Rate Cuts Will Boost the Economy”

The construction industry recently received welcome news: the Federal Reserve cut its benchmark interest rate by 25 basis points. While one cut alone may not transform the market, it has the potential to push capital-ready projects across the starting line and build much-needed confidence in the months ahead.

In coverage by Construction Dive—a leading national publication that shapes the conversation for our industry—Peter Dyga, President and CEO of ABC Florida East Coast, was quoted alongside top national contractors. Dyga highlighted how the move, while modest, “is just going to do wonders, certainly for the economy. Probably not as big a cut as we like, but we know how they can stack up over time in terms of the reductions.”

For ABC-FEC members, this is another clear example of the value of having a strong voice at the table. When decisions like interest rate cuts ripple through the construction economy, our CEO is not only following the news, he’s helping define how the industry responds. That leadership ensures the concerns and opportunities of Florida’s merit shop contractors are heard, recognized, and positioned at the forefront of national industry conversations.

To read the Construction Dive story, Click here..