Total Human Health
As 2017 comes to a close, contractors faced new OSHA regulations, drug and opioid epidemics and new AIA contract documents. For 2018, expect a focus on workplace violence and ergonomic concerns.
IRS Increases Health FSA Limit for 2018
The IRS has increased the Flexible Spending Account dollar limit on employee salary reduction contributions to $2,650 for taxable years beginning in 2018.
Construction’s Contribution to U.S. Economy Highest in Seven Years
A recent ABC report found the private construction industry’s value added as a percentage of the nation’s real gross domestic product (GDP) rose to 4 percent in 2016, the highest level since 2009.
Improve Safety and the Bottom Line With Ergonomics
The financial threat of musculoskeletal disorders is real for construction companies and should be mitigated. Employers need to implement proper ergonomics to reduce the risk of injury.
ABC’s Construction Backlog Indicator ‘Returns to Earth’ in Second Quarter
ABC reported its Construction Backlog Indicator fell to 8.6 months during the second quarter of 2017, down 4.1 percent from the first quarter of 2017. CBI is up by 0.1 months, or 1.4 percent, on a year-over-year basis.
NIOSH App Calculates Safety of Manual Lifts
A free mobile app from NIOSH, called NLE Calc, offers a quick and simple way for workers to assess their risk for injury before they manually lift an object.
Nonresidential Construction Adds Jobs Despite Disruptions, ABC Says
The national construction industry added 8,000 net new jobs on a seasonally adjusted basis in September, according to ABC's analysis of a recent release from the U.S. Bureau of Labor Statistics.
Mid-year Economic Forecast: Momentum Meets Intrigue
Most nonresidential construction firms can expect reasonably stable backlogs and satisfactory profit margins, but strength in certain segments will only be partially countervailed by weakness in others, setting the stage for a murky 2018 outlook.











