U.S. Economy / Markets Articles
US business borrowing for equipment rises in September: ELFA
U.S. companies' borrowing to spend on capital investment rose in September, the Equipment Leasing and Finance Association (ELFA) said.
October 21, 2014 – Reuters
US growth 'modest to moderate', says Fed Beige Book
The US economy grew at a "modest to moderate" pace, the Federal Reserve's latest Beige Book reports.
October 15, 2014 – BBC News
New construction equipment sales up 11 percent in August, used sales down
Compared to one year ago, the number of new financed construction equipment units sold rose 11 percent this August, according to Equipment Data Associates figures.
October 8, 2014 – Equipment World
Machinery is the Only Industry to Experience Declining Production in September
Economic activity in the manufacturing sector expanded in September for the 16th consecutive month, and the overall economy grew for the 64th consecutive month, said the nation's supply executives in the latest Manufacturing ISM Report On Business.
October 7, 2014 – AED News
Indicators Show Marked Improvements in U.S. Economy
Several recent indicators have shown marked improvements in the U.S. economy and for manufacturing activity, particularly when compared to earlier in the year.
October 6, 2014 – National Association of Manufacturers
Manufacturing in U.S. Cools as Factories Settle Into More Sustainable Expansion
American factories capped their strongest quarter in more than three years, even with the rate of growth easing in September, as manufacturing helps the U.S. economy withstand slower global markets.
October 1, 2014 – Bloomberg
PCA forecast: Cement consumption to see growth through 2016
According to the latest forecast from the Portland Cement Association (PCA), cement consumption in the U.S. will see steady gains over the next three years. - See more at: http://www.betterroads.com/pca-forecast-cement-consumption-to-see-growth-through-2016/#sthash.1ZGb8bY1.dpuf
September 29, 2014 – Better Roads
US economic growth revised upwards again
The US economy grew at an annual rate of 4.6% between April and June, faster than the previous estimate of 4.2%, according to revised figures from the US Department of Commerce.
September 26, 2014 – BBC News
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 – forconstructionpros.com
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 – forconstructionpros.com
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