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2017 Construction Labor Cost Data

Job Order Contracting

To date, 2017 Construction Labor Cost Data shows a increase of 2.5%-2.7% 2.7% (over 12 months period), indicating a strong overall industry and consistent with forecasts of an approximate 3% increase for the year. Private office construction spending increased 29% in 2017, but demand has decreased (Census Bureau).

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ARA Five-Year Forecast For Equipment Rental Revenue Strengthens

Construction Equipment

A new five-year forecast for equipment rental industry revenues released by the American Rental Association (ARA) shows a moderate strengthening compared to the November forecast. equipment rental revenue will reach $48.9 billion in 2017, but then grow at an average annual rate of 4.3 ARA now projects U.S.

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Rental Equipment Industry to Reach $46.5B by 2017

Construction Equipment

The American Rental Association’s (ARA) Rental Market Monitor forecasts rental revenues will reach $33.5 billion, a 7-percent increase over 2012, according to Rental Equipment Register. According to the forecast, equipment revenue in the U.S. According to the forecast, equipment revenue in the U.S.

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Q2 Outlook Forecasts 8.5 % Growth In Equipment & Software Investment

Construction Equipment

After solid growth in 2017, investment in equipment and software will likely continue to strengthen in 2018 and is projected to expand 8.5 percent in the Economic Outlook published in December) according to the Q2 update to the 2018 Equipment Leasing & Finance U.S. percent (down slightly from 9.1

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ARA Projects 2017 Rental Revenue Will Hit $48.9 Billion

Construction Equipment

The American Rental Association's (ARA) five-year forecast for equipment rental industry revenues was released in January 2017 and projects U.S. equipment rental revenue will reach $48.9 billion in 2017, then grow at an average annual rate of 4.3 percent over the forecast to top $56 billion in 2020.

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2018 ARTBA Transportation Construction Forecast: Modest

Construction Equipment

The American Road & Transportation Builders Association’s (ARTBA) has released its economic forecast for 2018 and says the U.S. percent drop in 2017. transportation infrastructure market is anticipated to rebound slightly next year, following a 2.8

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Economist Lowers Expectations for 2017 & 2018

Construction Equipment

ConstructConnect released of its Q2 2017 Forecast Quarterly Report yesterday, revising its 2017 predictions and modifying its 2018 outlook. The report says the year-over-year grand total 2017 starts change forecast has been eased back to +4.8 percent from the +7.4 percent from +6.4 percent.