What's in store for contractors under a Biden Presidency?
From infrastructure spending and union support to immigration, taxes and regulations, the construction industry will face a new set of challenges and opportunities under a Biden administration.
After a contentious election week that includes the potential for continued
lawsuit and recounts, major news outlets have declared that former Vice President Joe Biden will be the next president of the United States.READ MORE
US construction industry adds 84,000 jobs in October
The United States construction industry added 84,000 jobs in October, the industry’s largest monthly increase since June, as it continues to recover from its coronavirus-caused deep drop in employment, according to the Bureau of Labour Statistics' latest report.
However the monthly employment report shows that sector's total employment in October was down by 196,000 jobs or 2.6 percent year-on-year. READ MORE
Dodge: U.S. construction starts will increase 4% next year “Uncertainty surrounding the next wave of COVID-19 infections in the fall and winter and delayed fiscal stimulus will lead to a slow and jagged recovery in 2021,” Branch said in the release.READ MORE
Marijuana initiatives pass in 5 states: What contractors need to know Four states — Arizona, Montana, New Jersey and South Dakota — approved recreational use of marijuana while Mississippi and South Dakota approved the use of medical marijuana in ballot measures on Tuesday.READ MORE
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