Construction jobs rose in 64.5% of metro areas from October 2018 and October 2019 according to the Associated General Contractors of America. Jobs fell in 19.2% of metro areas and remain steady in 16.2% of cities. Construction employment reached a new October high in 76 metro areas and a new October low in two areas. “Employers [...]
Slight gain over September for equipment leasing. Leasing up six percent year to date versus 2018. Read more. Overall new business volume was $10.1 billion in October vs $10 billion for September. This comes from ELFA's MLFI-25, which reports economic activity from 25 companies representing the $900 billion equipment finance sector. Lifts in the news [...]
Construction jobs increase for most of U.S. Connecticut, Illinois, Louisiana, Massachusetts, New Hampshire, North Carolina, Ohio, and Tennessee were the only states to lose construction jobs. Colorado did not grow. Forty-one states and the District of Columbia added construction jobs between October 2018 and October 2019, while construction employment increased in 28 states from September to [...]
December Lift & Access: 2019 LLEAP award showcase App controlled scissor lifts, pressure washer add-on for boom lifts and up-and-over technology highlighted Genie expands in Middle East 7 Success Stories in Equipment Asset Management Telehandler kills motorist in Florida, Forklift driver arrested
Doosan Bobcat Boosts its Manufacturing in Minnesota: Triples size, workforce Cement industry predicts moderate growth for cement construction + 2.4% in 2019 + 1.7% in 2020 + 1.4% in 2021 Benefits of Preheating Engine Oil in Colder Weather
Friday construction headline round-up: Equipment Leasing and Finance Industry Confidence Up in November "13.3% of executives responding said they believe business conditions will improve over the next four months, up from 9.7% in October." The Construction Association: Construction employment up in October but spend down More mixed signals
Is your construction project over budget? Are you sure your estimate for a project is realistic? Thinking of your problem in a new way - with less focus on the details you know about about more emphasis on similar projects could be a way to get a better handle on what the project will actually take. [...]
Construction starts to slip back in 2020 “The recovery in construction starts that began during 2010 in the aftermath of the Great Recession is coming to an end,” stated Richard Branch, Chief Economist for Dodge Data & Analytics. Construction starts will decline but the level of activity will remain close to recent highs. Residential – The [...]
Early Q4 GDP Forecasts: 0.7% to 2.1% Snow and ice: Fluid handling and storage tips for the winter Time Manufacturing, Versalift Acquire BrandFX Congrats on the new facility, neighbor: Company Wrench adds new Cleveland facility New: IronTek offers free website check up for construction equipment companies
Large lift equipment auctions coming up: No-reserve auction at Purple Wave November 14 United Rental holding giant sale November 21 More Q3 news: Canadian dealer Strongco reported lower revenues, higher gross profit Our long-read of the day: Equipment Leasing & Finance Industry Snapshot Equipment Leasing and Finance Foundation: 2019 Economic Outlook Industry Q4 Update snapshot U.S. [...]
