Equipment and software investment growth decelerated during the second consecutive quarter and is expected to moderate at 3.9%, according to the Q4 Update to the 2019 Equipment Leasing & Finance U.S. Economic Outlook just released by the Equipment Leasing & Finance Foundation. Overall, the economy is expected to expand 2.2%, down from the previous estimate of 2.5%, with growth driven primarily by consumer spending. Details here. 

The Las Vegas Monorail Company secured long-term financing needed to help fund construction of a new station at Sands Avenue and to replace a short-term loan facility. The new station will provide a direct connection to the Sands Expo Center, The Venetian and The Palazzo Resorts, and to the MSG Sphere (the 18,000-seat entertainment venue currently under construction). Details here. 

Oct. 9, 2019, the Association of Equipment Manufacturers (AEM) and Graepel North America hosted Congressman Don Bacon  as he, took a tour of Graepel’s facility, and discussed the public policies issues creating the biggest challenges for Graepel and many in the equipment manufacturing industry during a town hall style discussion. Details here. 

Dodge Data & Analytics will hold its 81st annual Dodge Construction Outlook Conference on Oct. 30-31, 2019, at the Renaissance Chicago Downtown Hotel in Chicago, Illinois, where the company will unveil the construction industry outlook for 2020. Details here. 

Hino Trucks is stepping into the National Football League (NFL) arena again to announce an additional partnership with an NFL team—the Los Angeles Rams. As the “Official Commercial Truck of the Los Angeles Rams,” Hino will work with the Rams to carry out their mutual goal of creating an authentic experience for their fan bases in southern California. Details here. 

Hexagon’s Geosystems division has announced plans to further cooperate with Procore, a provider of construction management software, to bring more efficiencies to the building construction industry. The developing relationship between the two organizations focuses on linking Hexagon’s reality capture, measurement and digital construction positioning solutions and Procore’s suite of construction management solutions. These integrations will result in increased efficiency and productivity across building construction projects. Details here.