U.S. businesses, nonprofits and government agencies are expected to spend $1.91 trillion in capital goods or fixed business investment this year; financing a majority of those assets, these trends impact a significant portion of the U.S. economy.
What Contractors Need to Know About the New Marine Fuel Regulation
Market analysts predict IMO 2020 has the potential to affect worldwide trade flows, increase transportation and shipping costs, as well as impact price levels and market volatility, which will have a significant impact on supply chains across the globe.
2020 Economic Outlook Forecasts 1.1% Expansion in Equipment and Software Investment and 1.7% GDP Growth
Investment in equipment and software is projected to expand 1.1% in 2020, while U.S. economic growth slows to 1.7% according to the 2020 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. After decelerating over the course of 2019, the U.S. economy is poised to soften further in 2020.
Three Construction Industry Predictions for Success in 2020
This year, contractors can leverage the latest technologies and business models to make significant strides in efficiency and stay competitive against a backdrop of new market entrants.
Five LEED and Green Construction Trends to Watch in 2020
This is an exciting time to be a green construction professional. The industry is only going to continue moving forward to make the built environment a safer and healthier place.
2020 Surety Outlook: Capitalizing on Capacity
The surety industry is reporting another record year in direct premium written and overall capacity, and the availably of credit is at an all-time high.
How to Protect Assets During the Next Recession
By being proactive, a contractor can withstand market downturns, protect its assets and possibly even use the recession as a springboard for growth.
Equipment Rental Revenue Forecast to Outpace Economic Growth
The equipment and event rental industry in North America is expected to finish the year with total revenue up 5.35% to $61.56 billion, the first time combined rental revenue for Canada and the United States has surpassed $60 billion, according to a recent forecast released by the ARA.












