Business: Page 521

Downloadable Resources
Residual Value Impacts Buying Decision and Total Cost of Ownership
JLG Industries Inc.
The initial investment a company makes in equipment is important as the company assesses its budget and inventory. Just as important is the equipment's total cost of ownership.
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Business
May US Housing Starts Disappoint Once Again
Single-family and multifamily US housing starts declined in May for a drop in total starts that may linger, as permits issued for new housing construction also fell for the month
Total U.S. housing starts turned in another disappointing performance in May, with single-family starts falling 3.9% to a 794,000-unit annual pace and multifamily starts falling 9.7%. Permits also declined both at the single-family and multifamily level, suggesting there is more at play than some temporary statistical issue.
Business
Flat May Construction Input Prices End 5 Months of Consecutive Expansion
Associated Builders and Contractors Inc. (ABC)
Despite a flat May, construction input prices have expanded 3.4% on a year-over-year basis
'With global economic growth remaining below par, commodity prices are no longer rising. This strongly implies that the trend of rising construction materials prices that was so apparent in 2016 will be less so during the current year,” said ABC Chief Economist Anirban Basu.
Construction News
25 States and D.C. Lose Construction Jobs in May Amid Skilled Worker Shortage
"It is hard for contractors to find new construction workers, let alone experienced ones,.” says AGC chief economist
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Coaching & Consulting
Why and How Social Media Can Boost Construction Business
Some key insights US commercial construction contractors can use to take advantage of the globe’s largest social media advertising market
Bechtel Fb 5935aca7899a8
Equipment
Caterpillar Announces VP Retirements, New Appointments and Organizational Changes
Caterpillar - Cat
Organizational changes creation of Product Support & Logistics and Digital Enabled Solutions Divisions
Paolo Fellin, Caterpillar vice president of the Global Construction & Infrastructure Division, elects to retire effective August 1, 2017.
Equipment
Briggs & Stratton Builds on its Decades-Long Commitment to Baja SAE
Briggs & Stratton
The company has been the exclusive provider of engines for Baja SAE since the program began. This year marks the first time teams were provided a 10-gross-horsepower* Vanguard commercial engine.
Briggs Baja Sae 1 5943f7b019151
Business
WV Legislature Tackles Road Funding along with Special Session Budget Struggle
House finance committee tinkering with variable minimum gas tax, raising the sales tax on auto sales and other fees to help fund major road reconstruction program
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Construction News
New Index Indicates High Revenue & Employment for 2017
96% of contractors surveyed expect revenues to grow or remain stable this year and 66% anticipate employing more workers in the next six months
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Business
Fed Raises Interest Rates, Plans to Shrink Asset Holdings This Year
Central bank pencils in one more rate increase later this year if the economy performs as expected
Marriner S. Eccles Federal Reserve Board Building
Business
How to Attract Young Workers to Construction
Attracting new hires requires marketing and self-promotion in the places the next generation of workers “live.”
Business
MDOT Takes First Step Toward Revising I-94 Modernization Plan
Modernization of I-94 in Detroit has been in the works for 20 years, and the plan associated with the Final Environmental Impact Statement approved in 2004 needs to be updated
I 94 Detroit 594164984ed8a
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