Tag: interest rates

Dealers

Strong construction market to continue with rising equipment sales, no recession, reports Wells Fargo

Wells Fargo is predicting another strong year for the heavy equipment and construction industries. Get more information on the report here on Equipment World.

March 1, 2019

Business

PCA construction industry forecast: Main Street rock solid despite issues elsewhere

PCA executive vice president and chief economist says construction industry is doing well despite uncertainty amidst government shutdown. Details here.

January 24, 2019

Construction Equipment

Why it will cost $14,000 more this year to buy a $250,000 machine

After the Federal Reserve increased interest rates to 2.25% in September, it will cost $14,000 more in 2018 to buy a $250,000 machine. Learn more here.

November 29, 2018

Business

Dodge economist: Trump tariffs won’t halt construction growth

Though there are some concerning signs on the horizon, including President Donald Trump’s tariffs on imported steel and aluminum, they won’t stop the continued expansion of the overall construction industry through 2018 and into 2019, according to Bob Murray, chief economist for Dodge Data & Analytics. Murray said the industry was able to absorb the […]

April 6, 2018

Business

Construction starts predicted to rise 3% in 2018

Total U.S. construction starts will grow 3 percent next year as the industry moves into “a mature stage of expansion,” according to the 2018 Dodge Construction Outlook. The pullback will continue in areas of multifamily and hotel construction starts. The increase will be led by continued growth in single-family houses, warehouses and office buildings. A […]

November 3, 2017

Business

Housing starts up 0.9% as decreases in apartment starts, permits detract from single-family performance

Following a few months of ups and downs, U.S. construction starts on new homes are showing signs of stabilizing a bit with a second consecutive month of gains in August. New home starts rose 0.9 percent in August to a seasonally adjusted annual rate of 891,000, according to preliminary data from the Commerce Department on […]

September 18, 2013