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Moody's Global Construction Sector Outlook - October 2018

October 22, 2018
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Construction worker in safety vest using Toughbook laptop in vehicle at job site
Project Management
Panasonic Expands TOUGHBOOK Lineup with Two Rugged Devices
Two men standing in front of yellow snow plows at a John Deere equipment dealership lot
Compact Track Loaders
Which Machine Wins? CTLs vs. Skid Steers vs. Compact Wheel Loaders
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Project Management
Panasonic Expands TOUGHBOOK Lineup with Two Rugged Devices
Panasonic Connect of North America
The TOUGHBOOK 34 and G3 offer modular configurations, AI-ready performance and connectivity for mobile and field workers.
Construction worker in safety vest using Toughbook laptop in vehicle at job site
Construction Safety Technology
Lytx Launches 360-Degree Camera System for Fleets
Lytx, Inc.
The Lytx 360 Hub Kit supports up to eight HD auxiliary cameras for vehicle sides, rear, cargo areas and blind zones.
LIVTX vehicle camera monitoring system with multi-view display screen and black control unit on blue background
Replacement Parts
Parts Procurement Delays Keep Construction Equipment Off the Jobsite
Fleetio
Integrated parts ordering helps fleet managers improve inventory accuracy, control maintenance costs and return equipment to service faster.
Two workers performing maintenance on industrial equipment in a workshop with a truck visible in the background.
Legal Services
Christina Hines
Professional headshot of woman in black blazer and white blouse smiling against blurred office background
Legal Services
Mark Goodman
Professional headshot of a man in dark suit and blue tie against blurred office background
Data Management
Konverge Digital Solutions
Business Management
Palak Sheth
Labor & Workforce Development
Construction Job Openings Fall to 251,000
Associated Builders and Contractors Inc. (ABC)
Construction job openings declined by 48,000 in August but remained 38,000 higher than a year earlier, according to BLS data.
Construction Job Openings Rate and Quits Rate chart August 2012 to August 2026 with ABC logo
Business Management
Survey Finds Late Payments and Portal Work Burden Construction Vendors
VendorAccess
A survey of 417 small and midsized vendors examines payment delays, portal administration, compliance work and technology adoption.
Bar chart showing vendor payment timelines: 57.1% paid within 15 days, 26% in 15-30 days, 13% in 31-45 days, with smaller percentages for longer payment delays.
Automation & AI
AI in Construction: Building Capacity, Not Replacing Workers
Nemetschek Group
With labor shortages, rising costs and ever-increasing schedule pressure, artificial intelligence is about survival and reframing how your workforce views the technology is a must.
Construction and industrial workers with digital technology overlays and cityscape representing innovation and engineering services
Automation & AI
ServiceTitan Report Finds Commercial Contractors Focused on Profitability, AI
ServiceTitan
A survey of 1,020 commercial contractors examines AI adoption, cash flow, service agreements, cost pressures and field information gaps.
Construction workers in hard hats planning on rooftop with digital cityscape overlay at sunset
Labor & Workforce Development
HD Construction Equipment, Manitou Group Sign Compact Equipment Partnership
HD Hyundai Construction Equipment
The agreement calls for both companies to source and distribute compact construction equipment through their respective global product lineups.
Two business executives at a formal meeting with Manitou Group and HD Construction Equipment logos, French and South Korean flags on table
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