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Industry News

U.S. Economy / Markets Articles

Housing Starts Fall in August, but Still Steady Upward Trend Continues
While housing starts fell in August, they continued their slow but steady upward trajectory.
September 22, 2014 – National Association of Manufacturers

Three Years of Constant Growth for Construction Industry Says Market Analyst
Overall, the construction industry is facing a lot of pent up demand that will translate into constant growth for the next three years, said Dave Zwicke, market intelligence director and senior regional economist for the Portland Cement Association (PCA).
September 19, 2014 –

Plunging Multifamily Starts Drag Housing Down 14.4% in July
A 31.7% plunge in U.S. multifamily housing starts to a seasonally adjusted annual rate of 304,000 units dragged total residential activity down 14.4% from July to August to a 956,000-unit pace. Nevertheless, total U.S. starts remain 8.0% above the August 2013 annual rate.
September 18, 2014 –

Survey Shows Manufacturers Expect 4.4 Percent Growth in Next 12 Months
The latest NAM/IndustryWeek Survey of Manufacturers found that businesses are generally upbeat about the coming months.
September 15, 2014 – National Association of Manufacturers

FMI outlook says economy slowly improving
FMI released its Q3-2014 Construction Outlook, which anticipates slow growth in the economy.
September 10, 2014 – Pit & Quarry

Construction industry extends employment streak, adds 20,000 jobs in August
The U.S. construction industry extended its streak of job gains in August, adding 20,000 workers.
September 8, 2014 – Better Roads

Expected Growth of Manufacturing Sales, Investment and Employment
The U.S. economy added 142,000 nonfarm payroll workers in August, a disappointing figure given signs of a rebound in many other indicators lately.
September 8, 2014 – National Association of Manufacturers

Construction spending hits 5-1/2 year high; more metros add jobs; Beige Book is sunny
Construction spending in July totaled $981 billion at a seasonally adjusted annual rate, up 1.8% from the rate in June, up 8.2% from July 2013, and the highest level since December 2008, the Census Bureau reported on Tuesday. Census revised up the totals for June (by $14 billion) and May ($5 billion).
September 4, 2014 – AEM

Estimate: Economy will grow by 1.5 percent in 2014
The Congressional Budget Office said Wednesday that they expect the U.S. economy will grow by just 1.5 percent in 2014, in part because of a poor performance during the first three months of the year.
August 27, 2014 – CBS News

ELFA Releases Its MLFI-25 for July
The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new business volume for July was $7.8 billion, up 8 percent from new business volume in July 2013.
August 25, 2014 – Compact Equipment

Data Suggest Manufacturing Rebound Continues to Strengthen
Economic data released last week suggest that the manufacturing rebound that we have seen since the winter continues to strengthen.
August 25, 2014 – National Association of Manufacturers

39 states add jobs in July; housing starts and permits, MHC, ABI show big gains
Seasonally adjusted construction employment increased in 39 states from July 2013 to July 2014 and decreased in 11 states and the District of Columbia, an AGC analysis of Bureau of Labor Statistics (BLS) data released on Monday showed. Housing starts jumped 16% at a seasonally adjusted annual rate in July from June and 22% compared with July 2013 levels, the Census Bureau reported on Tuesday.
August 22, 2014 – AEM

Manufacturing Pace Rises at Fastest Rate in Two Years
Manufacturing production increased 1.0 percent in July, helping to lift the year-over-year pace of manufacturing output to 4.9 percent, its fastest annual pace since June 2012.
August 18, 2014 – National Association of Manufacturers

AEM CE Stock Index Up 0.8 Percent For Week Closing August 15
The AEM Construction Equipment Index rose last week - eight out of the ten companies in the index had higher stock prices on August 15 compared to closing prices on August 8.
August 15, 2014 – AEM

Geopolitical Challenges Could Depress Second Half 2014 Forecasts
Geopolitical challenges could put downward pressure on growth forecasts for the second half of 2014.
August 12, 2014 – National Association of Manufacturers

AEM CE Stock Index Up 2.0 Percent For Week Closing August 8
The AEM Construction Equipment Index rose last week - seven out of the ten companies in the index had higher stock prices on August 8 compared to closing prices on August 1.
August 11, 2014 – AEM

U.S. Economy Rebounds After Slow Start, but Exports Still Weak
The U.S. economy has rebounded after a slow start to the year; net exports, however, continued to be a weakness.
August 4, 2014 – National Association of Manufacturers

AEM CE Stock Index Down 3.5 Percent For Week Closing August 1
The AEM Construction Equipment Index fell last week - nine out of the ten companies in the index had lower stock prices on August 1 compared to closing prices on July 25.
August 1, 2014 – AEM

Most metros add construction jobs in June; second-quarter employment costs stay mild
From June 2013 to June 2014, construction employment increased in 215 out of 339 metropolitan areas for which the Bureau of Labor Statistics (BLS) reports construction data, declined in 80 and was unchanged in 44, according to an analysis that AGC released on Wednesday.
July 31, 2014 – AEM

U.S. Economy Grows at 4% Pace in 2Q
U.S. economic growth accelerated more than expected in the second quarter and the decline in output in the prior period was less steep than previously reported, bolstering views for a stronger performance in the last six months of the year.
July 30, 2014 – Fox Business/Reuters

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