Wed November 22, 2006
Komatsu’s PC2000-8 Excavator Offers Two Economy Modes
Komatsu America Corp.’s new PC2000-8 hydraulic excavator boasts 956 net hp (713 kW), an operating weight between 440,920 to 450,000 lbs. (199,998 and 204,117 kg) and has a bucket range of 15.7 cu....
Sat September 09, 2006
Survey: Contractors’ Confidence in Economy Falls 40 Percent
Construction and contractor industry confidence in the economy has dropped by approximately 40 percent in the past three months, according to the results of an International Profit Associates Small Business Research Board (IPA SBRB) survey released in August....
Wed June 28, 2006
Declining CMI Numbers Suggest Change in Economy
The Combined Credit Manager’s Index (CMI) fell 2.6 percent for the month of May on a seasonally adjusted basis. While seven of the 10 components remain above the 50 percent mark, indicating economic expansion, the decline was relatively large and quite widespread....
Wed January 25, 2006
NACM: Economy Takes Hit From Manufacturing Sector
December’s Credit Manager’s Index fell 2.5 percent to 54.9, a level still associated with economic expansion. But the manufacturing sector took a sharp plunge of 4.8 percent, while the services sector slipped only .2....
Angela B. Hurni - Thu November 24, 2005
Container Terminal Expected to Boost Portsmouth Area’s Economy
Construction is under way on a new $450-million container terminal and associated roadway improvements to support the new facility in Portsmouth, VA. APM Terminals awarded Dulles, VA-based Alpha Corporation the contract for construction management of the new terminal while Tidewater Skanska Inc....
Wed December 03, 2003
Recent Growth in Manufacturing and Construction Boosts Economy
WASHINGTON D.C. (AP) A pair of upbeat reports Monday reinforced rising optimism about the nation’s economic recovery: Manufacturing expanded in November at its fastest rate in nearly two decades, while October was the best month on record for construction spending....
Fri October 10, 2003
B’ham Construction Industry Stays Active Despite Economy
Despite an ever-evolving construction industry, one thing remains constant in Birmingham, AL: the city boasts one of the strongest and most successful groups of contractors of any city in the country.
Remarkably, Birmingham’s construction star continues to shine nationwide in the face of sweeping changes in the local marketplace....
Pete Sigmund - Tue October 07, 2003
Iron Exports Rise as Economy Recovers
The U.S. construction industry is engaged in a fierce worldwide competition for projects that will be valued at hundreds of billions of dollars over the next 50 years.
As the industry emerges from recession along with the rest of the country, worldwide markets beckon for construction equipment.
Will U.S....
Fri August 29, 2003
NC University Building Projects Thriving in Slow Economy
WINSTON-SALEM, NC (AP) The slow economy has led to budget cuts for many of the state’s universities, but it has also brought an increase in publicly-funded building projects.
Low-interest rates and a high level of interest from contractors hungry for work have helped move university and community-college projects after the state started a seven-year, $3.1-billion building boom....
Pete Sigmund - Tue December 31, 2002
U.S. Economy Stumbles Into the New Year
The construction industry, a mighty engine for the U.S. economy, is sputtering slightly as it enters 2003, but it still has a lot of horsepower.
Leading economists and industry observers see an industry wounded by the slow economic recovery, which has affected new commercial building construction, bond funding for highway work and other projects.
But, in interviews with Construction Equipment Guide, they also cite many positives....
