CASE Construction Equipment partners each year with Construction Equipment Magazine to produce the Annual Report & Forecast, an in-depth look at how the previous year in the greater construction industry performed compared to expectations, and what the industry anticipates for the year ahead. It goes without saying that 2020 was not what anyone expected. While many [...]
Wheel loader prices are down in 2020 according to the latest Richie Bros. Used Equipment Market Trends Summary. Median pricing for wheel loaders declined through 2020, from its high of $40,000 in the first quarter to $33,000 in the second quarter, $32,750 in the third quarter, and with an expected price of $35,500 for the fourth [...]
Dozer Prices Rise in 2020 Pricing for dozers rose in 2020 according to the latest Richie Bros. Used Equipment Market Trends Summary. Quarterly median dozer pricing remained fairly stable through 2020 compared to previous years, starting at $48,000 in Quarter 1, rising to $50,000 in Q2, and declining to $47,000 in Q3. However, in November and [...]
Auction house Richie Bros. released a new report showcasing Multi-Terrain Loader Prices at auction for 2020. According to Richie Bros, prices reached record highs for multi-terrain loaders in 2020. Volume in the category was up to record highs, as well. In Q2 2020, Multi-Terrain Loader median pricing reached $23,000, up 8.7% from the previous record. However, [...]
New Industry Outlook Finds Most Contractors Expect Demand for Many Categories of Construction to Decline, Few Firms Expect the Industry to Recover to Pre-Pandemic Levels Soon, but will Sustain IT Investments Most contractors expect demand for many types of construction to shrink in 2021 even as the pandemic is prompting many owners to delay or cancel [...]
Construction employment increased by 51,000 jobs in December, with gains for nonresidential as well as residential contractors, according to an analysis by the Associated General Contractors of America of government data released today. Association officials cautioned, however, that its latest survey shows widespread pessimism among contractors about the volume of work available in 2021, and they [...]
Pricing for articulated dump trucks declined in 2020 according to the latest Richie Bros. Used Equipment Market Trends Summary. Median pricing for articulated dump trucks has declined through 2020, from its high of $86,250 in Q1 to just over $54,000 in Q3. Pricing, however, did increase slightly in Q4 to $56,500 according to Ritchie Bros. Market [...]
March 2 Deadline for Employers in Construction, General rental centers, Commercial machinery repair and maintenance, and Lawn and Garden equipment and supply stores WASHINGTON, DC – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) reminds employers that the agency will begin collecting calendar year 2020 Form 300A data on Jan. 2, 2021. Employers [...]
WASHINGTON, DC – Since the start of the coronavirus pandemic through Dec. 24, 2020, the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has issued citations arising from 294 inspections for violations relating to coronavirus, resulting in proposed penalties totaling $3,849,222. OSHA inspections have resulted in the agency citing employers for violations, including failures [...]
Dwindling List Of Project Starts Forces Contractors To Lay Off Workers Houston-The Woodlands-Sugar Land and Brockton-Bridgewater-Easton, Mass. Have Worst Year-over-Year Losses, While Phoenix-Mesa-Scottsdale, Ariz. and Walla Walla, Wash. Register Largest Gains in Industry Jobs Only 34 percent of the nation’s metro areas—just over one-third—added construction jobs from November 2019 to November 2020, according to an analysis [...]
