Construction Related Content

Dodge Momentum Index Rises 3.1% in January, Indicates Recovery in Construction

The Dodge Momentum Index increased 3.1% in January to 139.4 (2000=100) from the revised December reading of 135.2. The index is a monthly measure of the first (or initial) report for nonresidential building projects in planning. read more

Election Leads to Cautiously Optimistic Construction Outlook – COVID-19 Impact Unknown

Prior to COVID-19, Construction industry executives were slightly cautious about 2020, according to a Wells Fargo survey, with conservative equipment acquisition expected. read more

Verdant Hires GE Vet to Support Construction & Industrial Vendor Partners

Verdant Commercial Capital hired Josh Snider as VP, relationship manager, to support vendor relationships in the Construction and Industrial verticals. read more

North American Rental Revenue Forecast to Surpass $71B in 2022

The American Rental Association five-year forecast updated in late October forecasts equipment and event rental revenues in North America to exceed $71.7 billion in 2022. read more

NACM: Election Results Influence Public Construction Funding

The mid-term election sparked changes for the construction industry, primarily in terms of funding public projects, according to a blog from the National Association of Credit Managers. read more

ELFF Study Indicates a Bright Near-Term Future in Construction Industry

The Equipment Leasing & Finance Foundation released a study examining the construction industry which says the future is bright for general contractors working in commercial and residential construction. read more

Wells Fargo EF: Construction Industry Optimism Highest in 20 Years

According to a nationwide survey of industry contractors and equipment distributors released by Wells Fargo Equipment Finance, the Optimism Quotient for 2018 is the highest in 20 years. read more

Top Five Construction Equipment Lenders Account for 73% of Sept Total

Statistical data for the construction equipment market provided by EDA showed that in September the top five lenders to this market accounted for 73% of the total, or 3,054 new units out of a total of 4,183. read more

Glory Days for Contractors: Transference of Risk in the Construction Market

The construction market looks a lot different depending on your vantage. While conditions have been soft for manufacturers, dealers and rental companies, those on the supply side have seen sales increases. John Crum of Wells Fargo Equipment Finance’s Construction Group examines the trend of risk transference in the market and how it has resulted in optimal conditions for contractors.... read more

Building on Success: Wells Fargo’s Survey Shows Optimism in Construction

Despite a slight dip in the optimism quotient, Wells Fargo’s annual construction survey indicates that optimism is rampant in the industry. John Crum, the national sales manager of Wells Fargo Equipment Finance’s Construction group, took some time to discuss the survey and the meaning behind the numbers. ... read more

Construction Activity Strong in 2015, Rental Rates Continue Upward Trend

Wells Fargo’s John Crum takes a look at the construction industry environment, including information from a survey of construction industry executives who expressed a sense of optimism during the first three quarters of 2015. read more

Construction Industry Activity, Optimism Rise in 2014: Will it Continue in 2015?

John Crum discusses Wells Fargo Equipment Finance’s Second-Half 2014 Construction Executive Survey, which reveals broad-based increases in construction activity compared to a year ago. More executives said they are seeing “somewhat higher” or “much higher” construction activity than at any time during the past five years.... read more

October Construction Spending Reaches $971B, Up 3.3%

The U.S. Census Bureau of the Department of Commerce announced construction spending during October 2014 was estimated at $971.0 billion, 3.3% above the October 2013 estimate of $939.9 billion. read more

Wells Fargo: Construction Industry Optimism Climbing

Activity in the construction industry continues its multi-year improvement trend with a notable change in 2014 compared to 2013, according to the latest Construction Executive Survey from Wells Fargo Equipment Finance. read more

Construction Equipment Market to Reach $192.3B by 2017

According to a new market report published by Transparency Market Research, the global construction equipment market is expected to reach $192.3 billion by 2017 from $143.6 billion in 2012. read more

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