article thumbnail

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 figure that was estimated in Q1 of this year. percent from the +7.4

article thumbnail

Caterpillar Forecast Tops Estimates with the Recovery of Construction

Construction Cost Estimating

predict earnings for 2014 that has topped the estimate of the analysts as the recovery in the U.S. The average of 13 estimates compiled by Bloomberg was $55.5 per share, excluding $400 million to $500 million in restructuring costs, which is more than the estimate of $5.77 Caterpillar jumped 5.9% The shares had dropped by 2.6%

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Wirtgen Effect: Deere C&F Revenue to Explode 80% in 2018

Construction Equipment

John Deere Construction & Forestry said that revenue for the division will increase by 80 percent in 2018, 56 points of which will be attributable to the consolidation of Wirtgen’s turnover, the Intermat Paris blog reported.

article thumbnail

The Wirtgen Effect: Deere Revenue to Explode 80%

Construction Equipment

John Deere Construction & Forestry said that revenue for the division will increase by 80 percent in 2018, 56 points of which will be attributable to the consolidation of Wirtgen’s turnover, the Intermat Paris blog reported.

article thumbnail

U.S. grand total construction starts growth projection revised slightly downward

BD+C

ConstructConnect announced today the release of its Q3 2017 Forecast Quarterly Report. 2018 remains about the same at +5.9% Earlier, it had been estimated at +6.0%. grand total construction starts growth projection for 2017 over 2016 in ConstructConnect’s Q3 report has been revised down slightly to +4.5% from +4.8%.

article thumbnail

Top 10 Construction Companies in the World [SlideShare]

Autodesk Construction Cloud

As of now, the global construction industry is expected to reach an estimated $10.5 trillion by 2023, and it is forecast to grow at a CAGR of 4.2% from 2018 to 2023. . Currently, the global population is estimated to grow to 9 billion by 2050, with two-thirds of people predicted to be living in cities.

article thumbnail

Mindy Keiser always knows where to look

The Korte Company

And as an estimator, this cautious approach has always served her well. These days, she still finds herself on the phone, but now she’s conversing with subcontractors and vendors while carefully evaluating scopes of work, following up on bids and forecasting the overall costs of each project. Estimating is a lot to juggle.