U.S. Construction / Infrastructure Articles
Confidence in the Equipment Finance Industry Remains Steady in December
The Equipment Leasing & Finance Foundation (the Foundation) released the December 2014 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), which showed confidence in the equipment finance market is 63.4, steady with the November index of 64.2.
December 17, 2014 – forconstructionpros.com
Iowa governor determined to find funding solution
Iowa Gov. Terry Branstad believes there is a bucket full of solutions for his state's road and bridge funding woes, and he is determined find one that will receive bipartisan support. You could call it Iowa's Bucket Challenge of 2015.
December 16, 2014 – Roads & Bridges
Revealing Study Details Downstream Economic Benefit of Transportation Funding
A first-of-its-kind study conducted by forecasting company IHS Inc. outlines the economic benefits of federal highway and transit investment programs on every sector of the U.S. economy. The report was released during a transportation-media conference call on Dec. 10.
December 10, 2014 – Rock Products
ABC Predicts Continued Construction Industry Growth in 2015
Associated Builders and Contractors (ABC) forecasts a steady and ongoing economic recovery for the U.S. commercial and industrial construction industries in 2015.
December 10, 2014 – Compact Equipment
$163 billion needed annually to fix aging surface transportation system
It's being estimated that an investment of $163 billion per year is needed in order to fix the nation's deteriorating surface transportation system, according to the "2015 Bottom Line Report" on transportation investment needs, released by the American Association of State Highway and Transportation Officials and the American Public Transportation Association.
December 9, 2014 – Better Roads
3 Trends Holding Down Construction Growth
See what 3 trends are holding back growth in the construction industry, according to Ken Simonson, Chief Economist for the Associated General Contractors.
December 8, 2014 – Associated General Contractors
3 Factors Driving Growth in Construction
Ken Simonson, Chief Economist at the Associated General Contractors tell the three factors driving growth in the construction industry.
December 8, 2014 – Associated General Contractors
Dodge Momentum Index rises in November
The Dodge Momentum Index increased in November, rising to 125.0, which is up from .6 percent from October's reading of 124.3, according to Dodge Data & Analytics.
December 5, 2014 – Pit & Quarry
ARTBA Forecasts Modest 2015 Growth for U.S. Transportation Infrastructure Market
The U.S. transportation construction market will grow 3.1 percent from $185.9 billion in 2014 to $191.7 billion in 2015, according to a forecast released December 3 by American Road & Transportation Builders Association (ARTBA) Chief Economist Dr. Alison Premo Black.
December 3, 2014 – forconstructionpros.com
Wisconsin approves $670 million worth of repairs
The Wisconsin Transportation Panel has approved three major highway repair projects that will total approximately $670 million.
December 2, 2014 – Better Roads
U.S. construction spending climbs 1.1 percent in October
Newly built homes and schools boosted U.S. construction spending in October to the highest level since May.
December 2, 2014 – St. Louis Post-Dispatch
New financed construction equipment sales rise 16% in October, up 13 % year-over-year
The number of financed new units of construction equipment sold or leased in October increased by 16 percent compared with September, according to Equipment Data Associates, which tracks financed construction equipment activity.
December 1, 2014 – Equipment World
Equipment Leasing & Finance Industry Confidence At 6-Month High
The Equipment Leasing & Finance Foundation(the Foundation) releases the November 2014 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today.
November 25, 2014 – AgriMarketing
Kentucky finalizes its long-term transportation aspirations
The Kentucky Department of Highways announced the finalization of its "Long-Range Transportation Plan: Planning to Make A Difference in America's Tomorrow: 2014-2035." The plan was conceived as a mode of assistance in planning for the future of the state's transportation system.
November 24, 2014 – Roads & Bridges
Firm provides reasons for nonresidential construction optimism
Management consulting and investment banking firm FMI released its Nonresidential Construction Index (NRCI) for the fourth quarter. The index increased slightly from the third quarter, moving from 62.5 to 62.8.
November 21, 2014 – Pit & Quarry
Texas leads U.S. equipment purchases in Q3, sales down 19 percent from 2013
If you believe everything is bigger in Texas, than it should come as no surprise that the state also needs the most road construction equipment. At 68 buyers during the third quarter of 2014, Texas construction companies financed the most road construction equipment in the United States.
November 21, 2014 – Better Roads
Metro Housing Markets Almost Back to Normal
Markets in 59 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2014, according to the National Association of Home Builders/First American Leading Markets Index (LMI).
November 12, 2014 – Rock Products
PennDOT receives swathe of federal cash to bolster long list of projects
Pennsylvania Department of Transportation (PennDOT) secretary Barry Schoch announces the pending receipt of approximately $33 million in federal funds that will be applied to the DOT's running list of 56 projects aimed at improving the overall state of transportation statewide, from new construction to improving state of good repair.
November 12, 2014 – Roads & Bridges
Former U.S. roads boss hoping to raise $250 million
Former U.S. federal transportation boss Ray LaHood is trying to raise the required $250 million for a U.S. customs plaza for the $2.1-billion Detroit River bridge project.
November 10, 2014 – Better Roads
Dodge Forecasts 9% Rise in Construction Starts in 2015
After steady growth in 2014, the construction industry could see a strong uptick in construction starts in 2015, according to Dodge Data & Analytics. Dodge forecasts that the total value of construction starts could reach $612 billion next year-up 9% from 2014.
November 7, 2014 – ENR