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