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Market Pulse: Page 2
Report: Higher Wages Aren't Doing Enough to Fill Construction Jobs
Construction wages increased by 5.3% year-over-year to $35.21 an hour to try to attract more workers.
February 6, 2024
ABC Economist Maintains Pessimistic 2024 Outlook
Mild recession remains likely in 2024, according to Associated Builders and Contractors Chief Economist Anirban Basu.
February 5, 2024
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January 25, 2024
Volvo CE Increased Sales in 2023 But Expects Weaker 2024
Softer industry demand is beginning to affect the global construction equipment market, the company reports.
February 1, 2024
Market Pulse
Construction Starts Rise, Input Prices Drop in December
A year-end surge in building prevails against high rates and limited credit accessibility.
January 23, 2024
Market Pulse
Continued Uncertainty for Key U.S. Construction Markets, Says Latest RLB Data
A look at critical indicators – construction costs, labor data, architectural billings – shows continued uncertainty for 2024.
January 19, 2024
Market Pulse
Dodge Economist: No Recession in 2024; Strong Construction Growth Expected
"We're anticipating that 2024 will bring about more consistent growth, as well as more opportunity in the construction sector."
January 11, 2024
Market Pulse
Construction Job Openings Hit Highest Level Since December 2022
Labor shortages will continue to impact construction wages and spending in 2024, according to AGC and ABC economists.
January 4, 2024
The Dirt
Slowdown in 2024? – Why AGC’s Economist Sees Varied Growth for Construction
A must-view episode of The Dirt for anyone in the construction industry concerned about the future and what moves they should be considering now.
December 29, 2023
Roadbuilding
ARTBA: Double-Digit Growth for Roadbuilding Coming in 2024
Spending on road construction is expected to grow 16% in 2024, the second year in a row of double-digit gains.
December 28, 2023
Market Pulse
Inflation, Interest Rate Worries to Drive 2024 Construction Equipment Financing Trends
Cash deals, equipment-as-a-service and sharing models will continue to accelerate amid another year of uncertainty.
December 27, 2023
The Dirt
A Year of Opportunity? - 2024 Construction Industry Trends
On this episode of The Dirt, Chevron's Walt Collier shares his take on the industry and economic trends most likely to impact contractors in the year ahead.
December 22, 2023
Market Pulse
Quick Data: Top-Selling Motor Graders for 2023
Get a snapshot of new and used motor grader sales trends from Randall Reilly’s EDA, EquipmentWatch and TopBid market data.
December 13, 2023
Market Pulse
Contractors Remain Optimistic as Construction Spending Inches Up in October
Manufacturing, power, education and single-family spending increases offset drop in highway and multifamily projects.
December 7, 2023
Market Pulse
ARA Forecasts Softening But Continued Rental Growth in 2024
Predictions of a recession never materialized, and housing markets have been more resilient than expected as the year comes to a close.
November 28, 2023
Market Pulse
Quick Data: Top-Selling Articulated Dump Trucks for 2023
See which articulated truck models were best-sellers and fetched top dollar at auction.
November 8, 2023
Market Pulse
Construction Project Spending Rises but Hiring Declines Near Season End
Both residential and nonresidential spending posted monthly increases, while job openings reached a record high.
November 6, 2023
Market Pulse
FMI: Construction, Engineering Spending to Increase 5% in 2023
The increase is buoyed by record growth in manufacturing, combined with gains in nonresidential and nonbuilding segments.
October 30, 2023
Market Pulse
Dodge: Total Construction Starts Will Remain Flat into 2024
Differences in construction starts, however, are more pronounced when looking at individual market segments.
October 26, 2023
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