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From the monthly archives: December 2018

We are pleased to present below all posts archived in 'December 2018'. If you still can't find what you are looking for, try using the search box.

Nonresidential Construction Employment Slows Down in November

Construction employment expanded by 5,000 net new jobs in November, according to an analysis of U.S. Bureau of Labor Statistics data conducted by ABC. During the past 12 months, the industry has added 282,000 net new construction jobs, which translates into a 4 percent increase in total industry-wide employment. Read the rest of entry »

ABC Predicts Construction Sector Will Remain Strong in 2019

ABC Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a 2019 economic outlook published in Construction Executive magazine. Read the rest of entry »

Nonresidential Spending Rises Modestly in October

National nonresidential spending increased 0.1 percent in October, according to an ABC analysis of U.S. Census Bureau data. Total nonresidential spending for the month stood at $763.8 billion on a seasonally adjusted annualized rate, which represents a 7.3 percent increase over the same time last year. Read the rest of entry »

OSHA Issues Final Rule on Crane Operator Qualification

On Nov. 9, the Occupational Safety and Health Administration published a final rule that updates its standard for cranes and derricks in construction to ensure crane operators are qualified to safely operate equipment. The final rule requires employers to train operators as needed to perform assigned crane activities, evaluate them and document successful completion of the evaluations.  Read the rest of entry »