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OSHA Provides Direction for Inspecting Cranes, Derricks on Construction Worksites

WASHINGTON, D.C. -- The Occupational Safety and Health Administration recently issued a directive for enforcing requirements of the cranes and derricks in construction standard. The new directive provides OSHA-compliance personnel with direction on performing inspections where power-operated equipment, covered by Subpart CC – Cranes and Derricks in Construction, is present on a construction worksite.

Architecture Billings Index Shows Robust Conditions Ahead for Construction Industry

WASHINGTON, D.C. -- With all geographic regions and building project sectors showing positive conditions, there continues to be a heightened level of demand for design services signaled in the latest Architecture Billings Index. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to 12-month lead time between architecture billings and construction spending. The American Institute of Architects reported the September ABI score was 55.2, up from a mark of 53.0 in August. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 64.8, following a mark of 62.6 the previous month.

Turner Survey Shows Greater Focus on Benefits of Improving Health, More

NEW YORK, N.Y. -- Turner Construction Company recently announced the results of their sixth survey of real estate, design and construction executives on environmentally sustainable construction practices.

Q4 Economic Outlook Increases 2014 Equipment and Software Investment Growth Forecast to 5.5%

WASHINGTON, D.C. -- Investment in equipment and software is expected to grow 5.5 percent in 2014, according to the Q4 update to the 2014 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation. The Foundation revised its 2014 equipment and software investment forecast to 5.5 percent, up from 2.6 percent growth forecast in its Q3 Update to the 2014 Annual Outlook released in July. Equipment and software investment is expected to steadily grow over the next six months across most verticals due to a gradually strengthening economy and continued replacement demand. The Foundation report, which is focused on the $827-billion equipment leasing and finance industry, forecasts 2014 equipment investment and capital spending in the United States and evaluates the effects of various related and external factors in play currently and into the foreseeable future.

ELFA’s Survey of Economic Activity Reports on Leasing and Finance Sector

WASHINGTON, D.C. -- The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $827-billion equipment finance sector, showed their overall new business volume for September was $9.4 billion, up 21 percent from new business volume in September 2013. Month over month, new business volume was up 31 percent from August. Year to date, cumulative new business volume increased 8 percent compared to 2013. 

Construction Employers Add Jobs in September, Unemployment Rate Declines

Construction employers added 16,000 jobs and the sector's unemployment rate fell to 7 percent, the lowest rate for September in years, according to an analysis released by the Associated General Contractors of America. Association officials said the construction employment gains come as more firms report having a hard time finding enough qualified workers to fill available positions, citing the lack of local vocational training programs, especially at the secondary level.

Retiring Executive Director to be Honored at Winter Tilt-Up Jubilee

MT. VERNON, Iowa -- The Tilt-Up Concrete Association will be honoring Ed Sauter, the association’s longstanding executive director, at their Winter Tilt-Up Jubilee during World of Concrete Feb. 4, 2015.

Sauter will enter part-time retirement at the end of this year and step down as TCA executive director. He began his tenure at the association in 1992, when – attending a meeting also held at WOC – he agreed to take over as interim director. He continued in the position for 23 years, bringing passion, commitment and leadership to the organization.

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