Market Pulse: Page 8

Market Pulse
ABC Economist Maintains Pessimistic 2024 Outlook
Mild recession remains likely in 2024, according to Associated Builders and Contractors Chief Economist Anirban Basu.
February 5, 2024
Working getting in cab of machine
Business
Volvo CE Increased Sales in 2023 But Expects Weaker 2024
Softer industry demand is beginning to affect the global construction equipment market, the company reports.
February 1, 2024
Volvo CE products displayed at the Excon trade fair in December 2023
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Market Pulse
Construction Starts Rise, Input Prices Drop in December
A year-end surge in building prevails against high rates and limited credit accessibility.
January 23, 2024
construction workers shaking hands.
Market Pulse
Continued Uncertainty for Key U.S. Construction Markets, Says Latest RLB Data
A look at critical indicators – construction costs, labor data, architectural billings – shows continued uncertainty for 2024.
January 19, 2024
Construction worker building a concrete wall
Market Pulse
Dodge Economist: No Recession in 2024; Strong Construction Growth Expected
"We're anticipating that 2024 will bring about more consistent growth, as well as more opportunity in the construction sector."
January 11, 2024
Getty Images 1321109317 61ef0233e8d05
Market Pulse
Construction Job Openings Hit Highest Level Since December 2022
Labor shortages will continue to impact construction wages and spending in 2024, according to AGC and ABC economists.
January 4, 2024
Record job openings Indicate contractors continue to struggle to attract and retain skilled workers.
The Dirt
Slowdown in 2024? – Why AGC’s Economist Sees Varied Growth for Construction
A must-view episode of The Dirt for anyone in the construction industry concerned about the future and what moves they should be considering now.
December 29, 2023
Maxresdefault 658df3ce6dbba
Roadbuilding
ARTBA: Double-Digit Growth for Roadbuilding Coming in 2024
Spending on road construction is expected to grow 16% in 2024, the second year in a row of double-digit gains.
December 28, 2023
orange Road-work-ahead-sign
Market Pulse
Inflation, Interest Rate Worries to Drive 2024 Construction Equipment Financing Trends
Cash deals, equipment-as-a-service and sharing models will continue to accelerate amid another year of uncertainty.
December 27, 2023
Excavator being hauled by a semi truck
The Dirt
A Year of Opportunity? - 2024 Construction Industry Trends
On this episode of The Dirt, Chevron's Walt Collier shares his take on the industry and economic trends most likely to impact contractors in the year ahead.
December 22, 2023
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Market Pulse
Quick Data: Top-Selling Motor Graders for 2023
Get a snapshot of new and used motor grader sales trends from Randall Reilly’s EDA, EquipmentWatch and TopBid market data.
December 13, 2023
Deere 772G Motor Grader
Market Pulse
Contractors Remain Optimistic as Construction Spending Inches Up in October
Manufacturing, power, education and single-family spending increases offset drop in highway and multifamily projects.
December 7, 2023
Getty Images 1321109317 61ef0233e8d05
Market Pulse
ARA Forecasts Softening But Continued Rental Growth in 2024
Predictions of a recession never materialized, and housing markets have been more resilient than expected as the year comes to a close.
November 28, 2023
backhoes
Market Pulse
Quick Data: Top-Selling Articulated Dump Trucks for 2023
See which articulated truck models were best-sellers and fetched top dollar at auction.
November 8, 2023
Cat 745 articulated truck
Market Pulse
Construction Project Spending Rises but Hiring Declines Near Season End
Both residential and nonresidential spending posted monthly increases, while job openings reached a record high.
November 6, 2023
workers at jobsite
Market Pulse
FMI: Construction, Engineering Spending to Increase 5% in 2023
The increase is buoyed by record growth in manufacturing, combined with gains in nonresidential and nonbuilding segments.
October 30, 2023
Many segments of construction will conclude 2023 on a high note, while some are just starting a projected down turn from now into 2026.
Market Pulse
Dodge: Total Construction Starts Will Remain Flat into 2024
Differences in construction starts, however, are more pronounced when looking at individual market segments.
October 26, 2023
crane over under construction building with worker on top
Market Pulse
Quick Data: Top-Selling Wheel Loaders in 2023
Find out the most popular models of new and used financed wheel loaders, and which models are fetching the most at auction.
October 9, 2023
Cat 906 Compact Wheel Loader with Snowblower Attachment
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Top Stories
As the largest construction equipment manufacturer in the world, Caterpillar is also a top producer of engines for its machines as well as for other equipment OEMs. This year, it launched the 1,200-horsepower C32B diesel engine.
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