ARLINGTON, Va. (Nov. 2, 2021) — Total construction spending declined in September for the first time since February, as both residential and nonresidential construction slipped, according to a new analysis of federal construction spending data from the Associated General Contractors of America (AGC).

WASHINGTON (Oct. 28, 2021) — Investment in nonresidential structures contracted at an annual rate of 7.3% during the third quarter of 2021 and has now contracted during seven of the past eight quarters, according to an Associated Builders and Contractors (ABC) analysis of data by the U.S. Bureau of Economic Analysis. The overall economy expanded at a 2.0% annualized rate during the third quarter of 2021.

WASHINGTON (Oct. 26, 2021) — The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for September was $9.2 billion, up 6% year-over-year from new business volume in September 2020. Volume was up 8% month-to-month from $9.9 billion in August.

NOVI, Mich. (Oct. 26, 2021) — Hino Trucks is raising the bar once again in customer ownership experience with the introduction of Hino Edge, the company’s all-new, third generation connected vehicle solution. Hino Edge synergizes the digital connection between the fleet customer, dealer network, Telematics Service Providers (TSP’s) and Hino Ultimate Support Center, to provide customers a competitive edge.

ARLINGTON, Va. (Oct. 22, 2021) — Only 14 states and the District of Columbia have added construction jobs since just before the start of the pandemic in February 2020, according to an analysis of federal employment data by the Associated General Contractors of America (AGC). Association officials noted that widespread supply chain disruptions amid and the lack of a much-needed federal infrastructure bill have impeded the sector’s recovery.

WASHINGTON (Oct. 20, 2021) — Architecture firms continue to report increasing demand for design services in September, according to a report from The American Institute of Architects (AIA).

ARLINGTON, Va. (Oct. 15, 2021) — The prices contractors pay for construction materials far outstripped the prices contractors charge in the 12 months ending in September, despite a recent decline in a few materials prices, while delivery problems intensified, according to an analysis by the Associated General Contractors of America (AGC) of government data.

SAUK CENTRE, Minn. (Oct. 12th, 2021) — Felling Trailers Inc., a national leader in industrial and commercial trailers, has appointed Joel Lindmeyer as their Great Lakes Regional Sales Manager. In this role, he will be responsible for all sales development, activity, and dealer support within Minnesota, Wisconsin, Illinois, Michigan, Indiana, Ohio and Kentucky.

WASHINGTON (Oct. 8, 2021) — The construction industry added 22,000 jobs on net in September, according to an Associated Builders and Contractors (ABC) analysis of data by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 912,000 (81.9%) of the jobs lost during earlier stages of the pandemic.