Financing, Insurance & Leasing: Page 4

Financing, Insurance & Leasing
Construction Industry Reacts to US Presidential Election
Several associations and organizations related to the construction industry have drafted public reactions to the U.S. presidential election.
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Financing, Insurance & Leasing
Federal Reserve Issues Another Rate Cut
Construction and related industries will likely benefit for the second interest rate cut this year.
Chair Jerome Powell answers reporters' questions at a recent press conference.
Financing, Insurance & Leasing
Helping to Solve The Housing Crisis: Turning Corporate Into Residential
Gallagher Construction
Economic necessity has driven a surge in adaptive reuse with office buildings being converted into multi-family housing options and shopping malls being converted into residential units with adjacent entertainment facilities.
Before 2023, about 40 office buildings a year, nationwide, were converted into multifamily housing and other uses. In 2023, there were 100 conversions—a 150% increase.
Financing, Insurance & Leasing
ISM Services Index Up for October 2024
Institute for Supply Management (ISM)
Economic activity in the services sector, which includes construction, expanded for the fourth consecutive month in October, according to the nation’s purchasing and supply executives in the latest Services ISM Report on Business.
Pmi History
Coaching & Consulting
Dennis in the Dirt: 3 Key Factors Affecting the Construction Industry Post-Election
RDO Equipment Co.
Using industry indicators and trends from the first half of the year, Dennis Howard shares where contractors can focus to optimize operations and prepare as far ahead as possible.
Things are cooling down, and it is not just the weather. Nobody likes uncertainty, but as we watch some of these factors settle closer to pre-pandemic levels, we can focus on controlling what we can with decisive action to optimize operations through a trusted equipment partner and prepare as far ahead as possible.
Financing, Insurance & Leasing
Equipment Leasing CapEx Finance Index Up 2.8% YTD
Equipment Leasing and Finance Association
Demand for equipment picked up in September. New business volume of surveyed ELFA member companies representing the $1 trillion equipment finance industry was up 2.2% month-over-month and 2.8%% year-to-date.
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Financing, Insurance & Leasing
Construction Starts Dip 6% in September
Dodge Construction Network
Dodge Construction Network reports that total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.1 trillion.
Dodge 2
Financing, Insurance & Leasing
Equipment Leasing & Finance Foundation Index Highest Since 2022
Equipment Leasing & Finance Foundation
The Equipment Leasing & Finance Foundation released its October 2024 Monthly Confidence Index for the equipment finance industry, showing slight improvement from September, but overall the highest since January 2022.
The Equipment Leasing & Finance Foundation released its October 2024 Monthly Confidence Index for the Equipment Finance Industry, showing slight improvement from September, but overall the highest since January 2022.
Financing, Insurance & Leasing
Construction Input Prices Down, ABC Says
Associated Builders and Contractors Inc. (ABC)
Construction input prices decreased 0.9% in September compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data.
Construction input prices decreased 0.9% in September compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data
Financing, Insurance & Leasing
AccuWeather Puts Hurricane Helene Recovery at $225B-$250B
AccuWeather
Buildings, roads, bridges and other infrastructure will need to be rebuilt after Hurricane Helene created catastrophic damage in nine states on the East Coast.
Hurricane Helene.
Business Services
Economic Indicator Highest Since February 2023
Institute for Supply Management (ISM)
The Services PMI, which includes the construction industry, registered 54.9 percent, which is the highest reading since February 2023 and indicates sector expansion for the 49th time in 52 months.
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Financing, Insurance & Leasing
Fed Reserve Interest Rate Cute Impact on Construction and Manufacturing
How the latest interest rate cut could impact the construction industry and manufacturers.
Chair Jerome Powell answers reporters' questions at the Federal Open Market Committee press conference on Sept. 18, 2024.
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