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ABC: 2024 Construction Workforce Shortage Tops Half a Million
Jan 31, 2024 · About the Model. ABC’s model uses the historical relationship between inflation-adjusted construction spending growth, sourced from the US Census Bureau’s Value of Construction Put in Place Survey, and payroll construction employment, sourced from the US Bureau of Labor Statistics, to convert anticipated increases in construction outlays into demand for construction labor at a rate of ...
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3 days ago · CONTRACTOR provides news, insights, and how-to content to professionals responsible for plumbing, heating, specialty piping and fire protection systems.
7 Trench Safety Misconceptions That Put Workers at Risk
Aug 29, 2023 · 2. Misconception: OSHA regulations always supersede manufacturer’s tabulated data. OSHA outlines specifications for various trench protectives systems in appendices B, C, and D of Standard CFR 29, Part 1926, Subpart B – Excavations.However, there are times when the manufacturer’s tabulated data differs from these specifications.
Industry Econ Forecast 2025 - Contractor
Dec 30, 2024 · (Of course, it remains to be seen if consumers will, in fact, reign in their spending habits.) Dwarfing consumer debt is the US national debt, which currently stands at $36.15 trillion.
Plumbing Technology Trends for 2024 - Contractor
Nov 9, 2023 · By Ralph P. Sita, Jr. Thanks to rapid technological advances and the public’s growing interest in adopting many of those changes, the year ahead is likely to see plumbing and hydronic heating companies working harder than ever to keep up with the latest innovations while continuing to offer customers cutting-edge services.
What’s Going On with Modular Construction? | Contractor
Mar 11, 2024 · The Modular Building Institute’s (MBI) 2023 Permanent Modular Construction Report notes that the modular industry “topped $12 billion in North America in 2022, accounting for 6.03% of all new construction starts.” This market percentage is nearly triple what it was in 2015. Also, this is the third consecutive year that the multifamily market topped the industry: 21% in 2020, 24% in 2021 ...
Record Retention 101 for Contractors | Contractor
Mar 18, 2020 · Statutes of repose were adopted to remedy this uncertainty.Unlike statutes of limitations, statutes of repose definitively bar claims after a set period of time, regardless of when a defect is discovered or an injury occurs. Most statutes of repose run from the date of substantial or final completion, though some statutes use other trigger dates (including written acceptance or …
United States Construction Industry Databook 2024-2028 Now …
Jun 26, 2024 · DUBLIN, IRELAND — (BUSINESS WIRE) — The United States Construction Industry Databook Series - Market Size & Forecast by Value and Volume (area and units), Q1 2024 Update report has been added to ResearchAndMarkets.com's offering.The construction industry in the United States is expected to grow by 5.6% to reach USD 1,271.65 billion in 2024. The growth momentum is expected to continue over ...
Common Brazing Mistakes and How to Avoid Them | Contractor
May 18, 2023 · Clearance is the amount of space between two base metals prior to brazing; it determines the flow of the alloy and strength of the joint. The recommended clearance for a brazed joint is .002 - .005”.
Leveraging Big Data Analytics for Construction Success
Jul 20, 2023 · Managing data across multiple systems requires robust strategies to centralize collection, organization, and integration. Effective data management unlocks valuable insights, mitigates risks, and enhances project coordination. Data privacy and security are critical, demanding strong measures such as encryption, access controls, and regular assessments to protect sensitive information.