2014 Construction Industry Forecast Optimistic Activity Will Increase
Wells Fargo Equipment Finance released the results of a survey of 522 construction industry executives across the U.S. in its 2014 Construction Industry Forecast. The survey's Optimism Quotient reached an all-time high of 124, reflecting respondents' strong optimism that local non-residential construction activity will increase in 2014 compared to 2013.
forconstructionpros.com – 2/26/2014
Manufacturing Production Declines Due to Poor Weather
A perfectly timed winter storm at the end of last week coincided with news that cold weather has had a negative impact on consumer spending and manufacturing output.
National Association of Manufacturers – 2/18/2014
Real GDP Up Only 1.9% in 2013, Less than 2012 Increase
U.S. real GDP rose only 1.9 percent for 2013 as a whole, below the 2.8 percent figure seen in 2012.
National Association of Manufacturers – 2/3/2014
Economy grew at 3.2% rate in fourth quarter
The U.S. economy grew at a 3.2 percent annual rate in the October-December quarter on the strength of the strongest consumer spending in three years, an encouraging sign for 2014.
Los Angeles Times – 1/30/2014
US Manufacturers Likely Growing At Faster Rate Than China, Europe
In the global economy this week, data will probably show U.S. manufacturers are expanding at a faster rate than their counterparts in China and Europe. Growth at American producers held close to the highest level since early 2011.
Bloomberg – 12/28/2013
Expanded trade creates more American jobs and economic growth
Like most Americans, I'm frustrated with the slow rate of economic growth in the United States over the last several years. Most proposals to fix the problem focus on domestic issues - government spending, taxes and infrastructure projects, to name a few. But while all of these issues are critically important to the U.S. economy, the opportunity to increase U.S. investment, growth and jobs requires us to go beyond America's border.
Modesto Bee – 12/26/2013
2014 Economic Outlook: Construction Equipment Investment Expected to Decline
After reaching record levels of investment in 2013, construction equipment investment could likely decline 5% to 10% in 2014
forconstructionpros.com – 12/12/2013
U.S. Cement Consumption to Reach Nearly 80 Million Tons in 2013, PCA Reports
The Portland Cement Association last week said it expects 2013 cement consumption to reach nearly 80 million metric tons, a 4.5-percent increase over 2012. Consumption levels will reach 86 million metric tons in 2014, an 8.1 percent year-over-year gain, PCA said.
RER – 11/22/2013
Equipment Lease Finance Industry Confidence Improves in November
The Equipment Leasing & Finance Foundation just released the November 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 56.9, an increase from the October index of 54.0, demonstrating an overall steady industry outlook despite continuing concerns about the U.S. economy and the negative impact of federal government fiscal policies.
Compact Equipment – 11/21/2013
Monthly Leasing and Finance Index for September Down 6 Percent
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 $725 billion equipment finance sector, showed their overall new business volume for September was $7.7 billion, down six percent compared to volume in September 2012
AED – 10/27/2013