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U.S. Economy / Markets

Purchasers Shifting to New Equipment: Report
Purchasers of construction equipment have shifted attention to new machines from used, according to a report from Purchasing.com.
Construction Equipment – 11/19/2014

Despite Encouraging Data, Manufacturers Continue to Have Concerns
Despite rising manufacturing activity, manufacturers continue to have a number of concerns.
National Association of Manufacturers – 11/3/2014

US business borrowing for equipment rises in September: ELFA
U.S. companies' borrowing to spend on capital investment rose in September, the Equipment Leasing and Finance Association (ELFA) said.
Reuters – 10/21/2014

New construction equipment sales up 11 percent in August, used sales down
Compared to one year ago, the number of new financed construction equipment units sold rose 11 percent this August, according to Equipment Data Associates figures.
Equipment World – 10/8/2014

Machinery is the Only Industry to Experience Declining Production in September
Economic activity in the manufacturing sector expanded in September for the 16th consecutive month, and the overall economy grew for the 64th consecutive month, said the nation's supply executives in the latest Manufacturing ISM Report On Business.
AED News – 10/7/2014

Indicators Show Marked Improvements in U.S. Economy
Several recent indicators have shown marked improvements in the U.S. economy and for manufacturing activity, particularly when compared to earlier in the year.
National Association of Manufacturers – 10/6/2014

Manufacturing in U.S. Cools as Factories Settle Into More Sustainable Expansion
American factories capped their strongest quarter in more than three years, even with the rate of growth easing in September, as manufacturing helps the U.S. economy withstand slower global markets.
Bloomberg – 10/1/2014

PCA forecast: Cement consumption to see growth through 2016
According to the latest forecast from the Portland Cement Association (PCA), cement consumption in the U.S. will see steady gains over the next three years. - See more at: http://www.betterroads.com/pca-forecast-cement-consumption-to-see-growth-through-2016/#sthash.1ZGb8bY1.dpuf
Better Roads – 9/29/2014

US economic growth revised upwards again
The US economy grew at an annual rate of 4.6% between April and June, faster than the previous estimate of 4.2%, according to revised figures from the US Department of Commerce.
BBC News – 9/26/2014

Three Years of Constant Growth for Construction Industry Says Market Analyst
Overall, the construction industry is facing a lot of pent up demand that will translate into constant growth for the next three years, said Dave Zwicke, market intelligence director and senior regional economist for the Portland Cement Association (PCA).
forconstructionpros.com – 9/19/2014