The construction industry, which employs more than 11 million Americans, is facing a challenge in climate change as a result of greenhouse gas emissions and other factors, according to a new report from the U.S. Chamber of Commerce.
The report released Thursday by the chamber says that a growing number of construction jobs have been eliminated as a direct result of the construction boom in recent years, with nearly all of those jobs lost in the past five years.
The industry is also experiencing job losses due to natural disasters, which could lead to increased use of hydraulic fracturing technology.
The Chamber said the industry has been forced to rely on “unprecedented cost savings from the use of less efficient materials and materials technologies, as well as technological advancements in automation and automation technology.”
“It’s clear that we’ve hit the wall,” said Michael Greve, president and CEO of the Chamber of Manufacturers.
“We’re seeing a sharp increase in construction costs and a slowing of economic growth.”
The chamber is calling for Congress to impose a 30 percent cap on federal spending for construction.
In 2018, construction projects in the U: Washington, D.C., totaled $8.3 billion, up 2 percent from 2017.
The chamber says the federal government should not spend more than 25 percent of its budget on the construction sector, as that would be too large and would cause the economy to stagnate.
Congress is expected to vote on a proposal in early 2019 to impose that cap.
Construction jobs are a vital part of the U’s economy, as the construction and related occupations account for nearly two-thirds of the economy.
But the U has seen a decline in construction jobs in recent decades as the boom in the construction of housing, infrastructure and other industries has led to a drop in the number of Americans working in construction.
The federal government, in particular, is responsible for providing more than $4.5 trillion in tax credits for construction jobs, the largest of any sector.
The chamber’s report is the latest to criticize the federal construction industry and its reliance on fossil fuels for construction and other services.
The report found that federal spending on the industries has risen to $18.9 billion from $15.5 billion in 2016, a 12 percent increase.
The spending on construction was up 6.6 percent from 2015, while the other industries were down 5.2 percent.
The industry has had a particularly bad year this year.
Federal tax credits on construction jobs totaled $3.4 billion, but those payments have fallen by nearly half since 2016, according the chamber.
The average federal tax credit has declined by more than 4 percent since 2015, but the federal aid to construction has risen nearly 50 percent since 2000.
The construction industry employs nearly 8 million Americans and employs 1.4 million of those in construction occupations.
The total number of employees in construction is estimated to reach 12.6 million by 2020, a 13 percent increase from 2020.