More Articles for construction spending

Don’t underestimate the transportation construction industry

Tina Grady Barbaccia - Oct 09, 2014

The transportation construction industry was hit pretty tough with this latest recession. In a 2014-2018 Construction Outlook from the Portland Cement Association’s (PCA) Dave Zwicke, senior regional economist, at the Associated Equipment Dealers (AED)/Infor Executive Forum, he noted that this ...

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Highway construction spending down in August

Wayne Grayson - Oct 04, 2014

Highway construction spending down in August

U.S. construction spending saw its second dip of the year in August, falling 0.8 percent. Spending was at a seasonally adjusted annual rate of $961 billion in August, according to preliminary estimates in a report from the Commerce Department. In addition to ...

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Volvo Rents acquires Aerial Platform Experts

Tina Grady Barbaccia - Jun 29, 2012

Volvo Rents acquires Aerial Platform Experts

Volvo Rents, a worldwide provider of small- to medium-sized construction equipment, announces the expansion of its operations into Iowa with the acquisition of Aerial Platform Experts, a single-location construction equipment rental company located at 3140 West 73rd Street in Davenport, ...

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Nonresidential construction spending down for third consecutive month

Tina Grady Barbaccia - May 02, 2012

Associated Builders and Contractors (ABC) reports that total nonresidential construction spending fell for the third month in a row, declining 0.2 percent in March to a seasonally adjusted annual rate of $556.85 billion, according to the May 1 report by ...

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Volvo Rents acquires Gulf South Machinery of Mississippi

Tina Grady Barbaccia - Sep 15, 2011

Volvo Rents announces the acquisition of Gulf South Machinery of Mississippi, a two location construction equipment rental company with stores in Hattiesburg and Gulfport. The centers are located at 45 Blackwell Boulevard and 14411 Creosote Drive, respectively. Anchored by an increase in ...

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Bloomberg report: Construction spending rises for second straight month

Tina Grady Barbaccia - Jun 02, 2011

Construction spending in the U.S. rose in April for a second straight month as home-improvement expenditures increased along with construction of schools and power plants, Bloomberg reports. The news agency says that the 0.4-percent gain followed a revised 0.1 percent ...

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Construction spending tumbles to 10-year low

Lauren Heartsill Dowdle - Feb 03, 2011

Construction spending fell 2.5 percent in December to a $788 billion seasonally adjusted annual rate, the lowest level in a decade, reports the Associated General Contractors of America in analysis of Census Bureau data. All three major categories – private ...

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AGC: Construction spending up, but industry still 'fragile'

Tina Grady Barbaccia - Jan 10, 2011

Construction spending increased by 0.4 percent in November, the third straight rise in the total, the Associated General Contractors of America (AGC) noted in an analysis of new Census Bureau data. Private residential and public construction each gained 0.7 percent compared ...

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First Research adds "Nonmetallic Mineral Mining and Quarrying" report to offerings

Tina Grady Barbaccia - Nov 24, 2010

First Research's Research and Markets has added a "Nonmetallic Mineral Mining and Quarrying" report to its offerings. An excerpt from an industry overview chapter follows: The nonmetallic mineral mining and quarrying industry in the U.S. includes about 3,300 companies with annual revenues ...

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Construction spending went up in August

Lauren Heartsill Dowdle - Oct 05, 2010

Total construction spending went up 0.4 percent between July and August to $812 billion. This rise was driven by increases in public construction activity, including stimulus and base realignment projects, according to an analysis of new Census Bureau data released ...

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Outlook report: Equipment rentals showing recovery

Tina Grady Barbaccia - Jul 13, 2010

Economic forecasting firm IHS Global Insight reports in data prepared for the American Rental Association (ARA) and Rental Management magazine reports that the equipment rental industry is starting to show signs of recovery from the national recession. “The Outlook report indicates that, ...

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Stimulus funds boost April's construction spending numbers

- Jun 15, 2010

Construction spending rose to $869 billion between March and April this year thanks to stimulus funds, according to an Associated General Contractors of America (AGC) analysis of the Census Bureau’s latest spending figures. Total construction spending rose by 2.7 percent, ...

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