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Construction input prices increased 0.3% in October compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today.
“Construction input prices inched higher in October, but that was largely due to an increase in petroleum prices,” said ABC Chief Economist Anirban Basu. “Certain categories, like steel mill products and iron and steel, experienced sharp price declines for the month. This is a welcome development for contractors, as just 31% expect profit margins to rise over the next six months, according to Associated Builders and Contractors’ Construction Confidence Index.
As margins tighten and inflation in the construction industry increases, it’s never been more important for contractors and finance professionals to maintain control of their job costs. Jeff Krall, CFO at Batson-Cook Construction, Brandy Loughrie-More with Electra and Tina Shimizu, Financial Controller at XL Construction, will explore how to keep your job cost forecasting profitable and on budget.
WHEN: Thursday, Nov. 17 | 1 p.m. CT
The White House intends for the second year of the Infrastructure Investment and Jobs Act to match or exceed disbursements from the first year of the law. National Economic Council Director Brian Deese thinks doing so will not exacerbate inflation and expects efforts to fund the digital economy and transportation and industrial sectors will alleviate supply chain concerns.
TEXO Special Agents,
We're looking forward to our rendezvous on Thursday, Dec. 1 at the Hyatt Regency Dallas to celebrate a successful year, recognize a handful of key members of our industry and network the night away in the casino! The theme this year is Casino Royale, so bust out your best duds and prepare to order your martini shaken, not stirred.
Tables are now SOLD OUT, so a huge thank you to everyone who accepted the mission! WHEN: Thursday, Dec. 1 | 5-9:30 p.m. WHERE: Hyatt Regency Dallas | 300 Reunion Blvd, Dallas, TX 75207 DON'T FORGET: Another crucial mission objective is gathering donations for our annual Toys for Tots toy drive. Bring any new, unwrapped toy to the rendezvous as a donation to the US Marine Corps Reserve Toys for Tots program that supplies less fortunate children with toys for the holidays.
This TEXO Safety Focus course provides a one-day study of Confined Space Entry and its application to safety in construction. Topics discussed include Hazard Recognition (Recognition, Evaluation and Control), Entry Supervisor, Attendant or Entrant involved in a Confined Space Entry, OSHA Regulations related to Confined Space Entry, Responsibilities of a Competent Person, Hazardous Atmospheres, Use of portable gas detection, selection of PPE and rescue considerations.
WHEN: Tuesday, Nov. 29 | 7:30 a.m. - 4:00 p.m.
WHERE: TEXO Fort Worth Training Room | 417 Fulton St, Fort Worth, TX 76104
The two-day TEXO OSHA 10-Hour Construction Industry Outreach Training Program provides general awareness for entry or field-level construction workers. The training program covers recognizing, mitigating, and preventing hazards on a construction site. We have incorporated a virtual reality component to enhance the participants' engagement and connection to the material.
WHEN: Dec. 7-8 | 7 a.m. - 3:45 p.m. WHERE: TEXO Dallas Conference Center | 11111 N Stemmons Fwy, Dallas, TX 75229 This is an instructor-led course that teaches students critical skills needed to respond to and manage an emergency until emergency medical services arrive. Skills covered in this course include first aid for sudden illnesses, injuries and protection from blood-borne pathogens, choking relief, and sudden cardiac arrest for adults. This course is for anyone with limited or no medical training who needs a course completion card in CPR and AED use to meet job, regulatory or other requirements.
WHEN: Friday, Dec. 9 | 8 a.m. – noon WHERE: TEXO Fort Worth Training Room | 417 Fulton St, Fort Worth, TX 76014 Advance your career and earn continuing education credits. All courses feature live instruction via Zoom and are available in a variety of days and time blocks to accommodate your learning schedule. Ideal for construction professionals looking to learn without the hassle of traveling.
When registering for any of the classes below, be sure to list TEXO as who referred you to the program!
Building Information Modeling (BIM) | Dec. 5-20 | CLICK HERE TO REGISTER
Construction Supervision Fundamentals (CSF) | Dec. 5-16 | CLICK HERE TO REGISTER
Project Manager Development Program (PMDP) | Dec. 5-9 | CLICK HERE TO REGISTER
Platinum: Milwaukee Tool
Gold: The Demo Company, Humphrey & Associates, Mogul Wealth, Prime Controls, Rogers-O'Brien, TDIndustries
Silver: Byrne Construction Services, Chamberlin Roofing & Waterproofing, Hill & Wilkinson, Peckar & Abramson, Ridgemont, Skiles Group
Bronze: AEC, The Beck Group, Campos Engineering, CORE, Griffith Davison, Marsh, MarshMcLennan Agency, PCL, SEDALCO
CompGroup AGC is a registered safety group formed to administer the workers' compensation program underwritten by Texas Mutual for building construction contractors that are members of the AGC. They offer expert claim oversight and specialized loss-prevention services, including extensive practical safety information, workshops and special educational events. Call Julie Schatz at 972-770-4444 or email the CompGroupAGC@RobertsandCrow.com to get information on how your agent can access this competitive program.
By joining TEXO Members 401(k) Plan, you can provide an outstanding plan, save money and spend less time administering it. TEXO Members 401(k) Plan, from a government reporting standpoint, is treated like one large plan. The end result for you is a 401(k) plan with competitive investments, outstanding service and someone else doing a majority of the plan maintenance legwork.
The 2022 Labor Law poster will include the following state- and federal-required posters for all businesses into one laminated 25.5” X 39.5” poster.
Texas-Required Posters
Bilingual Discrimination Notice Bilingual Notification of the Ombudsman Program Bilingual Workers' Compensation Notice 10 – Concerning Workers' Compensation in Texas Bilingual Workers' Compensation Notice 5 – Non-Election of Workers' Compensation Bilingual Workers' Compensation Notice 6 – Election of Workers' Compensation Bilingual Workers' Compensation Notice 7 – Concerning Workers' Compensation in Texas Child Labor Law Texas Payment Notice & Unemployment Compensation
Federal-Required Posters
Employee Polygraph Protection Act Equal Employment Opportunity Is The Law (EEOC) – Includes GINA Fair Labor Standards Act (FLSA) – Federal Minimum Wage Family and Medical Leave Act (FMLA) OSHA: The Occupational Safety and Health Act – 8.5" x 14" The Uniformed Services Employment and Re-Employment Rights Act (USERRA) 
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Connect With Us!
11101 Stemmons Freeway | Dallas, TX 75229
www.texoassociation.org | texo@texoassociation.org | 972-647-0697 |
