2020 Annual Report & Forecast
Construction Equipment
DECEMBER 26, 2019
Rod Sutton, editorial director of Construction Equipment, discusses findings from the 2020 Annual Report & Forecast, produced in partnership with Case Construction Equipment.
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Construction Equipment
DECEMBER 26, 2019
Rod Sutton, editorial director of Construction Equipment, discusses findings from the 2020 Annual Report & Forecast, produced in partnership with Case Construction Equipment.
Construction Equipment
JANUARY 3, 2013
Construction Equipment has released its industry bellwether Annual Report & Forecast for 2013. Construction Equipment has released its industry bellwether Annual Report & Forecast for 2013. January 3, 2013.
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Construction Equipment
DECEMBER 14, 2018
Last year brought bold moves that bolstered nearly every realm of the construction industry. Tax cuts and reduced regulations buoyed the stock market, and many construction firms geared up for a continuation of the growth seen during 2017. Then came the tariffs tiff, igniting a trade war affecting…
ENR Construction
JANUARY 24, 2024
this year and by 3% annual average over the rest of the decade, forecasts London-based Global Construction Perspectives in a report released Jan. Global construction volume will grow by 1.2%
Construction Equipment
NOVEMBER 3, 2020
Preliminary data from the Construction Equipment 2021 Annual Report & Forecast show a marked difference in the condition of a fleet of construction equipment based on its estimated replacement value (ERV). Managers of large fleets, defined as those with ERV greater than $10 million, report…
Construction Equipment
OCTOBER 29, 2020
The results are part of the 2021 Annual Report & Forecast, in which… Increasing customer expectations appear to be driving downward their perception of construction equipment dealers’ ability to meet their needs regarding technology, according to exclusive research from Construction Equipment.
Construction Marketing
JULY 24, 2020
In the past, the marketing and accounting functions within a company were not frequent collaborators save the annual budgeting or forecasting process. Meanwhile accounting and finance employ Financial Planning & Analysis tools (FP&A), Business Intelligence (BI), and other software to deliver in-depth analysis and reporting.
Construction Equipment
JANUARY 21, 2020
This meshes with data from Construction Equipment’s Annual Report & Forecast, in which managers of construction equipment fleets reported similar intentions. Nearly half of respondents to a recent survey of commercial vehicle managers expect to expand their fleets in 2020. The Fleet Purchasing…
Construction Equipment
JANUARY 13, 2021
Construction Equipment editorial director Rod Sutton reviews recent research that points where construction and fleet health might be going this year: the 2021 Annual Report & Forecast, and the Equipment… It’s finally 2021, but what does the year hold for construction equipment asset managers?
Pro Builder
MAY 27, 2020
NAHB forecasted a sales decline in April, but now the relatively stable new home supply and number of sales point to the housing industry as a leading force in the nation’s economic recovery. . Due to economic challenges associated with COVID-19, NAHB was forecasting an additional sales decline in April. New Home Sales.
Pro Builder
APRIL 26, 2022
The average 30-year fixed mortgage rate is up to 5.11% as of Thursday, April 21 after climbing two whole percentage points in a brief four-month window, and more gains are expected to follow, according to Fannie Mae’s latest forecast. As a result, Fannie Mae now predicts that U.S. home prices will rise 10.8% Financials. Market Data + Trends.
BD+C
DECEMBER 8, 2014
architecture, engineering, and construction companies, with a majority of AEC firms reporting higher revenues, strong forecasts, and sound financial health, according to Building Design+Construction’s fourth annual Market Forecast Survey. The market outlook is brighter for U.S. Body Image: read more.
Pro Builder
JULY 18, 2022
annual home price appreciation and surging new construction starts, but the Sunshine State is also seeing a rise in its foreclosure rates, which has some worried that a bust could be on the horizon. . Realtor.com recently revised its 2022 forecast, now calling for sales to decline by 6.7% Forecasters previously called for a 6.6%
Pro Builder
OCTOBER 6, 2022
Fed Economist Forecasts Uptick in Single-Family Construction. After decades of underbuilding and a recent shift to remote work, Rappaport predicts that national single-family permits could eventually rise to a long-term annual rate of 1.4 NAHB reports. Thu, 10/06/2022 - 10:24.
Pro Builder
NOVEMBER 19, 2020
from September to October, Realtor.com reports. Builders began construction at a seasonally adjusted annual rate of 1.53 Economists forecasted new-home starts to hit 1,49 million and permits to hit a pace of 1.57 The number of new-home construction starts jumped 4.9% increase in the South.
Pro Builder
OCTOBER 29, 2021
Slow Economic Growth Reported for the Third Quarter of 2021. Real gross domestic product (GDP) fell two percentage points below forecasted rates and slowed significantly from its second quarter levels. . It marked the slowest growth rate since the start of the recovery and was far below NAHB’s forecast of a 4.0%
Pro Builder
DECEMBER 21, 2022
from the revised October rate and posting an annual decline of 22.4%, CNN reports. The home building market weakened further in November and it’s tough to forecast the bottom given relatively high mortgage rates,” said Robert Frick, corporate economist at Navy Federal Credit Union.
Pro Builder
DECEMBER 14, 2021
Before the pandemic, consumers forecast a 3% year-over-year price growth, but as lockdowns rolled in and the novel coronavirus and its variants did their damage, expectations quickly changed. Last month, consumers forecast that median home prices would be 5% higher than they are now by November 2022. That’s just 0.8
Pro Builder
MARCH 30, 2023
households anticipate steady interest rate hikes throughout 2023, but that also translates to a slowdown in home price growth The New York Federal Reserve's annual SCE Housing Survey revealed that most Americans expect mortgage rates to soar from 6.4% in 2023, reaching their highest level in nearly a quarter of a century.
Autodesk Construction Cloud
AUGUST 11, 2021
Without being able to accurately forecast cash flow, making important decisions about the future of your firm or projects is a risky venture at best. The challenge with forecasting is that it’s often a time-consuming process making sense of scattered data , various spreadsheets, and multiple disconnected processes or systems.
Pro Builder
JANUARY 11, 2023
News & World Report reveals that 43% of homebuyers who took out an adjustable-rate mortgage (ARM) in 2022 regretted their decision, Realtor.com reports. The rate then resets, usually annually, to match interest rates at that time. However, Realtor.com is forecasting a 7.1% A recent survey by U.S.
Construction Equipment
JUNE 18, 2015
Equipment managers report more aggressive fleet expansion and replacement midway through 2015 than they forecast at the beginning of the year. In Construction Equipment 's 2015 Annual Report & Forecast published in January, fleet professionals expected to replace fleet at a 9 percent rate.
Construction Superintendent Magazine
JANUARY 30, 2020
Officials added that most contractors expect to continue adding to their payrolls in 2020, according to the results of the association’s annual construction forecast. The post AGC Reports on December Construction Employment Analysis appeared first on Construction Superintendent.
Pro Builder
MAY 11, 2022
Home prices are up 20% year-over-year while housing inventory remains at a record low, but housing experts are downgrading their forecasts for 2022 as rising mortgage rates leave a substantial dent in the rate of home sales, Bill McBride reports in the CalculatedRisk Newsletter. Market Data + Trends. New-Home Sales.
Construction Equipment
MAY 23, 2014
In its 2014 Annual Report & Forecast , Construction Equipment reported that equipment professionals were hoping to replace an average of 9.4 percent of their equipment fleet this year.'
Pro Builder
JUNE 9, 2021
Mortgage application volume, refinancing applications, and mortgage rates took a hit last week compared to the previous week, reports CNBC. Mortgage Rates Drop, But Not Enough to Boost Mortgage Applications. cbroderick. Wed, 06/09/2021 - 11:14. Total mortgage application volume fell 3.1%
Job Order Contracting
JULY 11, 2017
Applicable reporting and feedback systems to support continuous improvement of processes, practices, and outcomes. Leading Indicators (forecast future trends inside and outside the organization) as well as lagging indicators. Annualized Total Cost of Ownership (TCO) per building per gross area = Rate per square foot. Churn Rate.
Pro Builder
JANUARY 13, 2021
Mortgage applications to refinance a home loan jumped 20% last week compared to the previous week, reports CNBC. Mortgage Bankers Association’s vice president of economic and industry forecasting says the rate uptick is a result of stimulus checks and the promising future of vaccines.
Autodesk Construction Cloud
APRIL 24, 2023
For one, market factors heavily influence labor and material expenses, making forecasts difficult and increasing the likelihood of overruns. Then there are the projects themselves, which are incredibly complex. That’s just factoring in reported rework and direct expenses. design and preconstruction.
Construction Junkie
OCTOBER 21, 2020
This article is part of Construction Junkie’s coverage of Groundbreak 2020 , Procore’s annual technology conference. As the name also suggests, Sage Intacct Construction was designed with the construction industry specifically in mind, and includes functionality and reporting tools that are unique to the industry.
Construction Equipment
MARCH 16, 2015
A new research report titled "Global Mining Dozer Market 2014-2018" indicates a steady increase in construction equipment rental over the next five years. Analysts forecast the Global Mining Dozer market to grow at a compound annual growth rate (CAGR) of 8.5 percent between 2013 and 2018. '
Pro Builder
OCTOBER 24, 2022
High mortgage rates and recession fears are pushing would-be buyers out of the for-sale market, and that waning demand could cause home price growth to moderate throughout the rest of the year, MarketWatch reports. The 30-year fixed rate averaged 6.94% last week compared with 3.85% one year ago, and the MBA is expecting rates to fall to 5.4%
Pro Builder
DECEMBER 21, 2020
Saving energy and reducing utility bills is a major focus for homeowners across the country, and the Department of Energy (DOE) recently published a report that shows just how energy efficient propane appliances are compared to other options. Propane furnaces, for example, have ratings of 98 percent annual fuel utilization efficiency (AFUE).
Construction Marketing
SEPTEMBER 19, 2014
According to a report from Bloomberg , Greenspan, who served as chairman of the Federal Reserve between 1987 and 2006, said Tuesday the U.S. As an Associated Press report from 2012 points out, credit “evaporated” with the Lehman Brothers collapse, housing prices dropped 30 percent and construction was brought to a “near-standstill.”.
Levelset
AUGUST 4, 2022
Let’s take a look at the basics of cash flow and how architects can budget their expenses and forecast their income to stay in good financial standing. This report can be used to help predict future cash flow, which helps improve the business’s decisions. Forecasting your revenue. Cash flow basics. Budget categories.
Construction Superintendent Magazine
APRIL 21, 2014
The Foundation increased its 2014 equipment and software investment forecast to 4.2 percent growth forecast in its 2014 Annual Outlook released in December 2013. percent, up from 3.1 frontpage'
Construction Superintendent Magazine
FEBRUARY 20, 2017
For the coming year, the American Institute of Architects semi-annual Consensus Construction Forecast is projecting growth in overall nonresidential building spending of almost 6 percent, just below the pace of growth for 2016. For 2018, the institutional construction sectors will generate much of the growth, particularly the large.
Construction Superintendent Magazine
OCTOBER 20, 2014
The Foundation revised its 2014 equipment and software investment forecast to 5.5 percent growth forecast in its Q3 Update to the 2014 Annual Outlook released in July. percent, up from 2.6 frontpage'
Contractor Magazine
MAY 12, 2014
I had gotten awfully weary reporting mediocre economic news every year when I put together our annual Book of Giants issue. But now, finally, we have an economic forecast that’s optimistic. There were too many times when a couple percent looked much better than being down for the year. As I See It. Management'
Construction Superintendent Magazine
DECEMBER 18, 2014
. -- Investment in equipment and software is expected to grow 6 percent in 2015, driven by a steadily improving economy, according to the Annual 2015 Equipment Leasing & Finance U.S. Overall in 2015, the outlook for 12 individual equipment and software verticals tracked in the report is mixed, with some sectors outperforming others.
Construction Cost Estimating
MARCH 5, 2014
This report, sponsored by Aconex, estimates that the construction volume all over the globe will grow up to $15.0 It is a precise report with 328 pages including 683 charts and tables, besides the executive summary offers a comprehensive overview in a quick read. As per the report China, India and the U.S.
Pro Builder
JUNE 18, 2020
Even better, the pace is slightly faster than prior months, according to Zillow’s May market report. pace of annual growth. Zillow’s most-recent forecast calls for a 1.8% With the continued and unprecedented effects COVID-19 has on the housing market, home values have still continued to grow on-pace relative to last year.
Job Order Contracting
AUGUST 30, 2018
Applicable reporting and feedback systems to support continuous improvement of processes, practices, and outcomes. Leading Indicators (forecast future trends inside and outside the organization) as well as lagging indicators. Annualized TCO per building/Current replacement value = Percent of Current Replacement Value (CRV).
Green Building Law Update
JANUARY 2, 2022
Businesses reported stakeholders are concerned about climate change and social justice and in follow up questioning respondents identify the death of George Floyd and extreme weather becoming more frequent as rising to the top of recent concerns. We wrote in a recent post about the key driver in the U.S.,
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