Capitol Update 11/21/2022
What to expect for materials prices The construction industry can expect to see more rising prices over the next two years after this year’s estimated increases of 9% to 12%, industry sources say. Sebastian Obando runs down the outlook for cement and concrete, steel and … read more
Capitol Update 11/16/2022
NLRB General Counsel Issues Memo on Unlawful Electronic Surveillance and Automated Management Practices October 31, 2022 In a new memo, National Labor Relations Board (NLRB) General Counsel Jennifer Abruzzo announced her intention to protect employees, to the greatest extent possible, from intrusive or abusive electronic monitoring … read more
Safety Week
November 14th though the 18th is Safety Week! SBE offers a different safety class each day. Your cost has already been paid! https://www.shastabe.com/events/#cid=990&wid=801
Capitol Update 11/07/2022
Fed lifts interest rates by another 75 basis points The Federal Reserve announced another 75-basis-point interest-rate hike Wednesday, noting that it remains “strongly committed to returning inflation to its 2% objective.” Fed Chair Jerome Powell said policymakers would consider a smaller rate increase at the … read more
Capital Update 10/31/22
Compensation costs up 1.2% Jun 2022 to Sep 2022 and up 5.0% over the year ending Sep 2022 Compensation costs increased 1.2 percent for civilian workers, seasonally adjusted, from June 2022 to September 2022. Over the year, total compensation rose 5.0 percent, wages and salaries … read more