Those in the construction business may begin to notice an increase in the cost of their insurance plans, which may cause them to look for better deals in other areas of the business.
A new forecast from the Associated Builders and Contractors (ABC) predicts that although next year will be slow in terms of construction opportunities, it will be a gradual increase in compared to this year.
"Nonresidential construction spending is expected to grow 2.4 percent in 2012 following a 2.4 percent decrease in 2011," said Anirban Basu, the chief economist for ABC. "The pace of recovery in the nation's nonresidential construction industry remains soft and 2012 is positioned to be a year of slow gain."
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Topics: Construction, Industry Headlines
The U.S. Census Bureau and Department of Housing and Development have released their monthly report on new housing construction projects, and it appears that things are looking up for the industry as a whole.
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Topics: Construction, Industry Headlines
IronPlanet’s largest customer, Headwater Equipment, is an independent, family-owned company that buys machinery across all industries and fixes it in order to resell.
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Topics: Industry Headlines
A new forecast by the New Jersey Alliance for Action suggests that the pipeline for construction projects in the Garden State will soon pick up. The revised forecast, which looks at potential projects over the next two years, states that $26.6 billion worth of projects in the state should become available, representing an 18 percent increase over last year's forecast.
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Topics: Construction, Industry Headlines
Drivers in Tacoma, Wash., are enjoying a new government-sponsored program that is paying big money for their used trucks by offering incentives for those who opt to trade in their old truck for a newer one.
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Topics: Trucks, Industry Headlines
Owners of compact equipment need a reliable place to buy and sell equipment. So where can they turn for help with these processes?
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Topics: Industry Headlines
IronPlanet hosted a record-setting auction March 17-18, 2011, which totaled $26.7 million in equipment sales.
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Topics: Auctions, Industry Headlines
In these tough economic times, construction owners are forced to think of creative ways to manage their equipment fleets in a cheaper, wiser way. Evaluating currently owned construction equipment is crucial when making decisions about your equipment fleet’s needs.
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Topics: Construction, Industry Headlines
