The U.S. Census Bureau of the Department of Commerce announced that construction spending during August 2012 was estimated at a seasonally adjusted annual rate of $837.1 billion, 0.6 percent (±2.1%)* below the revised July estimate of $842.0 billion....
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October 02, 2012, 07:06 AM
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Ritchie Bros. Auctioneers sold more than $40 million of equipment items and trucks at an unreserved public auction in Fort Worth, Texas on September 25 - 26, 2012. More than 3,400 equipment items and trucks were sold in the auction—with each and...
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September 27, 2012, 07:00 AM
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The Q3 survey of construction executives conducted by Wells Fargo Equipment Finance reveals a sentiment that construction activity has been rising compared to a year ago. However, about 61% said they felt that the downturn in the construction...
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September 26, 2012, 07:45 AM
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Associated Builders and Contractors (ABC) released its newest construction economic measure, the Construction Confidence Index (CCI). The CCI reflects three aspects of the U.S. nonresidential construction industry – sales prospects, staffing levels...
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August 23, 2012, 07:00 AM
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Associated Builders and Contractors (ABC) today reports its Construction Backlog Indicator (CBI) rose 4.3 percent in the second quarter of 2012 after declining the two previous quarters. Despite the quarterly expansion, CBI is 0.3 months, or 4.2...
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August 16, 2012, 07:32 AM
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The U.S. Census Bureau of the Department of Commerce announced that construction spending during April 2012 was estimated at a seasonally adjusted annual rate of $820.7 billion, 0.3 percent (±1.3%) above the revised March estimate of $818.1 billion....
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June 04, 2012, 07:30 AM
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According to Wells Fargo Equipment Finance’s Construction Quarterly for Q2 2012, overall construction spending achieved a 7% gain compared to a year ago in spite of decreases in public infrastructure spending. Unseasonably warm weather and low...
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May 30, 2012, 08:00 AM
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Construction Equipment reported Ritchie Bros. sold more than 200 cranes in five weeks at its first unreserved public auctions of 2012 in North America, Europe and the Middle East. According to the report, each crane was sold to the highest bidder...
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March 22, 2012, 08:00 AM
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Construction contractors and equipment distributors are optimistic local non-residential activity will improve in 2012, according to a recent survey by Wells Fargo Equipment Finance Inc.In the company's 2012 Construction Industry Forecast, Wells...
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February 01, 2012, 07:30 AM
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GE Capital, Dealer Finance announced that it is doubling its sales force to support growing retail and wholesale demand for construction equipment financing. “This enhanced coverage ensures that we’re ready to assist dealers with financing options...
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January 23, 2012, 08:00 AM
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ForConstructionPros.com reported the American Road & Transportation Builders Association (ARTBA) forecasts highway and bridge construction to contract 6%, to an estimated $72.6 billion in 2011 and remain flat through 2012. Subway and light-rail...
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January 16, 2012, 07:00 AM
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Construction equipment manufacturers anticipate overall business to close out 2011 with double-digit increases over last year in the U.S., Canada and worldwide. Growth is expected to continue but at a slower pace for 2012 through 2014, according to...
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December 19, 2011, 07:00 AM
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Proxibid, the world’s largest real auction marketplace, today announced that Cat Auction Services has selected the Company to provide online bidding for its new eQuipment Yard online timed auction service. Online bidding for eQuipment Yard’s...
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November 29, 2011, 06:30 AM
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Baird, in partnership with Rental Equipment Register published the results of its Q3 2011 survey of the rental equipment industry. The report indicated construction equipment rental revenue growth of 10.1% year over year and an improvement from 9.3%...
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November 02, 2011, 06:30 AM
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Terex Corporation announced income from continuing operations for the third quarter of 2011 of $36.9 million compared to a loss from continuing operations of $90.9 million in the third quarter of 2010. Excluding the sale of shares of Bucyrus...
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October 31, 2011, 07:00 AM
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International Construction reported that Komatsu’s sales increased 15% for the six months ended September 30, 2011 to $13 billion and net income increased 48.5% to $ 1.2 billion. The company’s overall sales of construction, utility and mining...
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October 28, 2011, 06:00 AM
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