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Tag: construction activity
Dealers
H&E revenue jumps 24.5% in 2Q; new equipment sales up 50%
H&E Equipment Services sees big time revenue and new equipment sales growth in second quarter of 2018. Get more details right here on Equipment World.
July 27, 2018
Dealers
ARA head: “Equipment rental is one of the original sharing economies”
Tony Conant, CEO of the American Rental Association, shares insight on what’s happening in the construction equipment rental industry. See what he shared here.
June 1, 2018
Business
Palm Beach high school construction academies seek to fill Florida’s skilled worker shortage
The Palm Beach County school district has opened three construction academies that are equipping students from ninth through 12th grades with valuable construction skills through real-world, hands-on experience. According to a report from the Palm Beach Post, academies have opened at high schools in Delray Beach, Loxahatchee and the Glades as construction firms across the state […]
June 2, 2015
Business
Booming crane market a welcome sign to strengthening U.S. construction industry
As one of the most expensive heavy equipment categories there is, when contractors and rental outfits are buying lots of cranes, you can safely conclude things are going pretty well in the construction industry. And that’s the gist of a recent analysis of the market by Citi’s Timothy Thein, according to a report from Business Insider. The report offers […]
April 13, 2015
Business
PCA forecasts steady growth for cement consumption through 2016 as construction activity increases
According to the latest forecast from the Portland Cement Association (PCA), cement consumption in the U.S. will see steady gains over the next three years. As far back as the World of Concrete show in January and again in the Spring, PCA chief economist Ed Sullivan has forecasted 8-percent growth in cement consumption and that […]
September 25, 2014
Business
Bathtub theory: Construction activity lagging behind home sales due to vacancy rate and household formation
With construction on new homes up 0.9 percent in August, Trulia Chief Economist Jed Kolko points out that new home starts and new home sales are still between 40 and 50 percent below normal levels. Meanwhile, existing home sales are just 2 percent below normal. So why is construction activity still lagging behind the housing […]
September 20, 2013
Business
Construction industry’s year-over-year fuel consumption sees first dip since Sept. 2012
WEX recently released its construction fuel consumption index for June, showing the first year-over-year decline since Sept. 2012. The index measures national fuel consumption statistics for the construction industry to provide an month-to-month measure of construction activity in the United States. The index showed a decrease of 0.6 percent in fuel consumption by the construction […]
July 12, 2013
Roadbuilding
Construction fuel consumption decreases 0.74 percent in April
Our sister site, Equipment World, reported that the WEX Construction Fuel Consumption Index fell for the second consecutive month in April. The 0.74-percent decrease in the construction industry’s fuel consumption in April represents a slowing in construction activity. The decrease follows an adjusted 1.2-percent fall in March; the original reading was a 0.9-percent dip. Despite […]
May 21, 2013
Business
Construction fuel consumption falls 0.74% in April
The WEX Construction Fuel Consumption Index fell for the second consecutive month in April, indicating a slowing in construction activity. The construction industry’s fuel consumption fell by by 0.74 percent in April after falling an adjusted 1.2 percent in March. The original reading was a dip of 0.9 percent. Nevertheless, WEX notes that April marks […]
May 21, 2013
Business
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
Business
Architecture Billings Index jumps to 54.2, bodes well for construction
Each month the American Institute of Architects releases its Architecture Billings Index and the latest round shows an increase to 54.2 in January. Any reading above a 50 on the index indicates a rise in demand for design services. The index indicates good things for construction because architectural billings tend to lead actual construction of projects […]
February 25, 2013
Business
Construction fuel consumption index up 3.5 percent in December
WEX and IHS have released results of the WEX Construction Fuel Consumption Index (FCI), which indicated an increase of 3.5 percent in December over December 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 December 2012, the […]
January 30, 2013
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