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Tag: construction outlook
Business
âDeeply scarredâ construction industry faces long road in 2021, Dodge forecast says
Chief Economist Richard Branch of Dodge Data & Analytics is forecasting growth for the construction industry in 2021. More information on Equipment World.
November 11, 2020
Business
Contractors optimistic about 2020, predicting growth in all major project types, AGC says
As contractors approach the new year, optimism abounds for 2020âs construction outlook conducted by the Associated General Contractors of America. Any major worries economists may have about the broader economy or specific segments donât appear to be affecting the construction industry, according to the newly released AGC survey. In survey responses from about 1,000 member [âŚ]
December 27, 2019
Dealers
CCI: More contractors plan to buy equipment as confidence continues
The commercial construction industry has continued its optimism from 2017 into 2018, with increases in new business prospects, rising revenue forecasts and steady backlogs, according to the Commercial Construction Index. And for the third consecutive quarter, a higher percentage of contractors report that they expect to spend more on tools and equipment in the next [âŚ]
March 8, 2018
Dealers
Construction execs predict 2018 could be âbest year everâ; most dealers expect equipment sales to increase
New surveyâs key insights: Net profits â The industry is feeling increasingly positive about net profits. A whopping 92 percent of respondents said their net profits will remain the same or increase over 2017. Equipment sales âDistributors feel upbeat about the market and expect to see increases in new and used equipment sales. Equipment rentals [âŚ]
February 28, 2018
Business
PCAâs Sullivan: Cement consumption on straight growth trajectory through 2017; optimism palpable at World of Concrete
Cement consumption grew by 8 percent in 2014 and is on track to grow another 8 percent in both 2016 and 2017, according to Ed Sullivan, chief economist, PCA, noting that the 100  metric million tons  realized in December was the highest month total since January 2008. Sullivan made his remarks during the opening day [âŚ]
February 4, 2015
Roadbuilding
Construction value expected to reach $919 billion in 2013
FMIâs first-quarter 2013 Construction Outlook shows that the value of annual construction is expected to increase to 8 percent over 2012 levels, our sister site, Equipment World, reports. FMI forecasts the U.S. value of construction-put-in-place to rise to $919 billion this year. Though the report refers to the figure as a âsolid improvement,â it says [âŚ]
April 9, 2013
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FMI: Mixed signs for third quarter
Construction consultant FMIâs third quarter report calls for a 2 percent total construction growth in 2011 and 6 percent for 2012. While the firm notes that this forecast may sound like ambitious growth, in constant 2006 dollars, it means a drop of 1 percent in 2011 and 3 percent for 2012. âTo put it in [âŚ]
October 11, 2011
Business
Reporter
By Equipment World Staff  Top techs honored The Association of Equipment Management Professionals honored the top equipment technicians from within its ranks at AEMPâs annual conference held in conjunction with ConExpo-Con/Agg. The 2011 National Technician of the Year winner in the private sector was Tom Hellmers, Murphy Tractor and Equipment, Omaha, Nebraska. The public [âŚ]
May 5, 2011
Roadbuilding
2009 a difficult year but âdevastatingâ to the construction industry
Itâs no secret that itâs rough out there. Itâs been that way for a while now. But in the construction industry, weâve been one of the hardest hit job sectors. While only 5 percent of the U.S. workforce, construction workers shouldered 20 percent of non-farm layoffs last year, Stephen E. Sandherr said in the Associated [âŚ]
January 21, 2010
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