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.

LAS VEGAS (Oct. 28, 2021) — Royal Purple Synthetic Oil will be exhibiting this year at the 2021 SEMA Show on November 2 – 5 and at AAPEX 2021 on November 2 – 4.

WEST FARGO, N.D. (Oct. 28, 2021) — Bobcat Company has announced three all-new models to its R2-Series compact excavator lineup. The E32, E35 25hp and E35 33hp compact excavators provide all the productivity and power found in Bobcat’s larger excavators in a smaller frame, making all three models ideal for utility, landscaping and residential construction jobs.

Precise, Productive, Performance-Driven

NEWNAN, Ga. (Oct. 26, 2021) — As of October 1, Hitachi Construction Machinery Loaders America is now Hitachi Construction Machinery Americas Inc.

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.