This week in interesting industry headlines:
Construction adds 8.000 jobs in September [EquipmentWorld]
"September marks the sixth consecutive months of job gains for the industry, which has added jobs every month of 2015 save for March, due to the harsh winter seen in many states." Read more
Los Angeles Orders Quake Retrofit for Many Older Buildings [NYTimes.com]
"The mandate would affect as many as 13,500 so-called soft-first-story buildings, which are typically wood-frame structures with large spaces such as parking lots on the ground floor. As many as 1,500 brittle concrete buildings would also require upgrades." Read more
U.S. Corn Prices Slump as USDA Raises Yield Forecast [Wall Street Journal]
"Corn prices slumped to a nearly two-week low after federal forecasters raised their outlook for U.S. crop yields this autumn, again projecting the nation’s third-biggest harvest ever. [...] U.S. soybean prices gained despite the USDA’s estimates for larger-than-expected production and stockpiles of the oilseeds." Read more
House approves lifting of crude oil export restrictions, but hurdles remain [The Washington Post]
"The House voted 261 to 159 on Friday to lift restrictions on crude-oil exports, capping a year of heavy lobbying by the American Petroleum Institute, many of the nation's biggest petroleum companies and leading shale oil producers." Read more
U.S. oil drillers cut rigs for 6th week on weak crude prices [Reuters]
"U.S. energy firms cut oil rigs for a sixth week in a row this week, the longest streak of weekly declines since June, data showed on Friday, a sign low prices continued to keep drillers away from the well pad." Read more
