Tag: business: Page 68

Opinion: Jeb Bush’s immigration solution “elegantly simple”

One might have known that the best idea to come forth on immigration in decades is now being trashed by partisans in both political parties. Jeb Bush, older brother of former president George Bush, has written a book that details what he thinks is the best way to handle illegal immigration and the some 12-million […]

March 11, 2013

Sunbelt Rentals posts 21% revenue gain for FY Q1-Q3

Sunbelt Rentals has reported $1.368 billion in total revenue for the first three quarters of fiscal 2013 through January 31, up 21 percent from $1.130 billion for the previous year’s first nine months, Rental Equipment Register (RER) reported. EBITDA for the nine-month period was $571.5 million, an increase of 37 percent from $416.5 million for […]

March 8, 2013

Construction’s 48k jobs in February is industry’s highest gain in 6 years

The construction industry continued its streak of monthly job growth, adding 48,000 jobs in February, the highest monthly gain in six years, according to preliminary figures from the U.S. Labor Department. In that six-year span, only March 2007’s gain of 80,000 jobs is better. In total, the construction industry employs a preliminary figure of 5.784 […]

March 8, 2013

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Senate bill would create incentives for private transportation investment

As the federal government continues to search for ways to grapple with the country’s slowly crumbling infrastructure, two Senators have introduced a bill to the U.S. Senate that would establish a Department of Transportation fund designed to create incentives for private investment into transportation, our sister site CCJ reports. Senators Frank Lautenberg (D-N.J.) and John […]

March 5, 2013

Prepare your construction business for tax changes brought on by Fiscal Cliff

Although you’ve certainly heard of the American Taxpayer Relief Act of 2012 – the bill to avert the fiscal cliff passed January 1 – you might not know everything that’s in it, other than the widely-publicized expiration of favorable tax exemption limits and the increase in the payroll tax. So, is there anything buried in […]

March 4, 2013

Construction Equipment

Quick Data March 2013: Dozers

A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price service.

March 4, 2013

Construction spending up 7.1% annually as nine-month streak of increases is snapped

A nine-month string of increases in revised construction spending figures was snapped in January, falling 2.1 percent from December 2012 to a preliminary figure of $883.2 billion. Despite the dip, spending remains 7.1 percent higher than January 2012, according to seasonally-adjusted data released by the United States Census Bureau. Residential construction stalled from December to January, […]

March 1, 2013

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Cummins, Lincoln Electric named among Best Companies in America

The Motley Fool has released its annual list of the 25 Best Companies in America and two construction-related companies not only made the list, but are in the top 10. Cummins was named the no. 1 best company in America. The Fool praised the company for for aggressively cutting greenhouse gas emissions by 28 percent […]

March 1, 2013

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Transportation Sec. LaHood: “Sequester is dumb”

Our sister publication Overdrive reports that during an address to members of the American Association of State Highway and Transportation Officials outgoing Transportation Secretary Ray LaHood called the looming sequestration cuts a “meat axe approach.” The sequester is a set of across-the-board budget cuts scheduled to hit today, should Congress not come to an agreement on […]

March 1, 2013

Construction fuel consumption index up 5.8 percent in January

WEX and IHS have released results of the WEX Construction Fuel Consumption Index (FCI), which indicated an increase of 5.8 percent in January over January 2011. The WEX Construction FCI measures national fuel consumption statistics for the construction industry to provide an up-to-date indication of construction activity in the United States. For January 2012, the […]

March 1, 2013

Time management, new strategies key to success in post-recession construction industry

Lately we’ve been hearing the recession is finally over. Whether you agree or not, some negative lingering effects have already begun. One of the most visible and immediate impacts is the uptick in workloads from the top down. Many construction companies out there are now dealing with smaller staffs, more work and less time. And […]

February 28, 2013

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Growth slows in U.S. exports of construction equipment

After enjoying surges of 43 percent in 2011 and 28 percent in 2010, growth in U.S. exports of construction equipment slowed in 2012 to 13 percent, according to the Association of Equipment Manufacturers. Construction equipment exports grew to $26.7 billion in 2012. Despite the slowing in growth, things are much better now than they were […]

February 27, 2013

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