ARA Forecast Continues to Project Steady Equipment Rental Growth
Equipment rental industry revenue to surpass $60 billion in North America this year.
Survey Finds Tough Labor Market Top-of-Mind for Busy Georgia Contractors
The overall health of the construction industry in Georgia appears to be strong. Record levels of backlog will help see the strong performance carry on through 2019.
Four Performance Areas to Improve to Survive the Next Economic Downturn
Here are four key areas that should be at the forefront of every engineering and construction leader’s agenda, especially when times are good.
Rebuilding America and the Resurgence of U.S. Manufacturing
Although recent numbers seem to project a slowing of the economy, manufacturers are optimistic about the coming months due to recently enacted policies that have helped keep the costs of companies doing business—and the prices of consumer goods—low.
Tech Innovations Offset Soaring Construction Costs
As technology transforms the construction process, designers, architects and builders will deliver better buildings at a quicker rate, for better profit.
Construction M&A Activity to Remain Strong Following Record 2018
In 2018, 534 mergers and acquisitions were announced in the engineering and construction industry, a 26.5% increase over 2017, and by far the highest level of activity recorded by FMI.
Equipment Rental Revenue Growth Continues to Outpace Economy
The latest five-year forecast from the ARA calls for equipment and event rental revenues in North America to surpass $61.5 billion in 2019, including $55.8 billion in the United States and $5.7 billion in Canada, up 5.3% compared to 2018.
Economic Momentum and a Hiatus on Interest Rate Hikes Bolster Real Estate Activity
An enduring economic expansion has helped improve state and local government finances, translating into more infrastructure investment even absent a much-anticipated federal spending package.
