ForConstructionPros.com

Forecast Reports Cautious Optimism for 2007
Spending on new and used equipment expected to increase
CIT Construction, a unit of CIT Group Inc., a global provider of commercial and consumer finance solutions, released the results of its 31st annual CIT Construction Industry Forecast. Among its conclusions, the survey found that a majority of respondents were cautiously optimistic about 2007, while many expect to increase spending on new and used equipment in the coming year.

CIT Construction surveyed more than 900 contractors and equipment distributors throughout the country by telephone on their perceptions of the state of the industry and trends for the coming year. The complete Forecast can be found at www.CIT.com.

"The CIT Construction Industry Forecast highlights the fact that the U.S. construction industry remains cautiously optimistic about 2007," says Ron Riecks, president of CIT Construction. "While the level of optimism varied across the U.S. many respondents indicated they planned to increase their spending on new and used equipment in the coming year which portends to more activity in the industry. I interpret this as good news for CIT and the construction industry as a whole and look forward to a busy 2007."

Educational Opportunities at WOA Expanded
Certification courses plus small contractor, CEO sessions planned
The World of Asphalt 2007 Show and Conference will offer more educational programming to help meet the training and professional-development needs of asphalt, highway maintenance and traffic safety industry professionals from companies large to small.

World of Asphalt 2007 will be held March 19-22, 2007 at the Georgia International Convention Center in Atlanta and will feature exhibits of the latest asphalt-related equipment, technologies, products and services.