All Market & forecasts Articles

Euroconstruct issues forecasts for 2021-23
Europe’s construction market will shrink by 7.8% this year and will not recover fully until 2023, said Euroconstruct
Global market rebound forecast for 2021
Chris Sleight of Off-Highway Research says the global construction equipment market will grow again next year
Deutz postpones financial targets
German engine manufacturer Deutz AG said it is postponing its medium-term financial targets from 2022 to 2023/2024.
Bloomberg economist: Expect more gridlock in US
Despite a new incoming administration, a meaningful stimulus package seems remote
Exclusive: JLG president looks at post-election future
Despite significant destabilising forces, Frank Nerenhausen says there’s hope for 2021 
Liebherr reports steady demand in construction
Global manufacturer sees sales decline due to pandemic as well as economic cycle
Metso Outotec ‘to exit recycling’
Plans to divest recycling business announced as strategy review cites ‘limited synergies’
US economy recovering from ‘sharpest recession in history’
IHS Markit’s Scott Hazelton reports good and bad news at ALH Virtual Conference
US single-family construction continues to climb
Demand for housing rises at highest pace since 2007, despite materials shortage
ERA estimates 10.4% rental drop in 2020
The European Rental Association is forecasting a 4.8% rebound in 2021, according to its new ERA Market Report 2020
IMF puts spotlight on infrastructure investment
International finance body said governments should invest in infrastructure to bolster economies and generate jobs in post-Covid-19 environement
US construction adds jobs in September
Housing sees an uptick while nonresidential building stalls due to pandemic-related project cancellations
Construction material stocks to star in US market rally
Experts predict a 10% increase over the next year, despite election uncertainty
US commercial construction shows signs of rebound
US Chamber of Commerce Construction Index indicates improvement, albeit slight
Rental revenues doubled over last decade
Revenues for the world’s 100 largest rental companies have more than doubled in the last 10 years
Lumber shortage curtails US homebuilding
Spring sawmill shutdowns due to the pandemic have reduced supply, while demand has increased
New study looks at Brexit impacts
Off-Highway Research highlights ‘significant changes’ for UK construction industry
US sees steep decline in nonresidential construction
Industry officials appeal to government for more coronavirus relief to prevent further losses
Euroconstruct forecasts slow recovery
European construction output may not return to 2019 levels before 2023
US construction spending drops for fourth month in June
Commerce Department reports estimates are still up from 2019 figures
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