All Market & forecasts Articles

Rise in Canadian building permits
The value of Canadian building permits rose for the second month in succession in May as an increase in non-residential construction cancelled the fall in the residential sector, according to the latest survey by Statistics Canada, the country's national statistics agency.
Infrastructure spending to surge in emerging markets
Annual infrastructure spending in emerging markets (EM) - Africa, Middle East, Latin America, Eastern Europe and Asia - is expected to jump +80% over the next three years, according to financial management and advisory company Merrill Lynch.
Australian construction activity continues to fall
Activity in Australia's construction industry has declined for a fourth consecutive month in June 2008, although the rate of decline was less marked than in the previous month, according to the latest Australian Industry Group - Housing Industry Association Performance of Construction Index (Australian PCI).
Saudi Arabian housing sector suffering shortfall
Saudi Arabia needs to invest more than SAR 680 billion (US$ 181.3 billion in its real estate sector to meet expected demand for housing by 2015, according to a report, by local investment bank NCB Capital.
Carillion wins five new contracts in the Middle East
Contracts in the Middle East worth US$ 2.2 billion have been won by Britain's second biggest builder, Carillion, according to an online news report.
Turbulent times: Rise or fall of mastclimblers?
Has the current financial market turmoil and construction decline shifted the outlook for rack and pinion access equipment around the world?
UK housing crash
Housing starts in the UK in 2008 are expected to be the lowest since 1945 according to the latest Construction Output Forecast from the Construction Products Association.
Volvo forecasts positive outlook despite increasing oil and steel prices
Volvo Construction Equipment (Volvo CE) is well positioned to benefit from the continued strong growth of countries such as Brazil, Russia, India and China, according to the company's president and chief executive, Tony Helsham.
Australian construction industry sees downturn continue
Activity in the Australian construction industry fell again in May, the third month the Australian Industry Group - Housing Industry Association Performance of Construction Index (Australian PCI) has fallen.
Italian equipment sales slip
Sales of construction equipment in Italy fell by -9,3% in the first quarter of the year, compared to the same period in 2007. The sales volume for the first three months of the year was 5954 machines.
Eurostat figures show EU construction still growing
New data from Eurostat shows construction output in Europe was +2,1% higher in the first quarter of 2008, compared to Q1 2007. However, month-to-month and quarter-to-quarter data paints a more mixed picture.
Bil-Jax warns scaffolders against waiting to buy
The rising price of steel will very soon impact the price of scaffolding warns Bil-Jax, a US company which manufactures both scaffolding and aerial work platforms.
Russian rental market to reach €1 billion within five years
The Russian equipment rental market could reach €1 billion in revenues within five years, according to a leading Russian rental consultancy, MS Consulting.
Australian construction growth highlights need for coordination
Record growth in Australia's engineering and commercial construction sector's has highlighted the need for closer coordination between the government, unions and materials suppliers, according to the latest Australian Constructors Association (ACA) Construction Outlook survey by the Australian Industry Group (Ai Group).
Oil answers
Dirk Verwim, sales manager for heavy lift and transport giant Sarens, speaks to IC about the crane market in the global petrochemical industry
PCA’s dire warning for US
The Portland Cement Association says the US construction industry is facing one of the worst downturns of the post-war era, based on its latest forecast for the cement, concrete and construction sectors.
Regional Report: Middle East
High global demand for oil, gas and minerals, alongside ever increasing population levels is driving the Middle East’s current round of infrastructure spending. Richard High reports.
Regional Report: US Prospects
What you think the future holds for the US construction market depends which sector you’re looking at. The residential sector certainly has its problems, but elsewhere there is buoyancy. Chris Sleight reports.
iC Yellow Table 2008: World’s 50 largest construction equipment manufacturers
There was little change at the top of the Yellow Table – iC’s ranking of the world’s 50 largest construction equipment manufacturers – in 2007, but various acquisitions made for movement further down. Chris Sleight reports.
Chinese construction equipment market continues to grow
Demand for construction machinery in China is projected to increase +12.7% per annum through 2011 to CNY 181 billion (US$ 25.9 billion), outpacing gains in most other regions of the world, according to Construction Machinery in China, a new study by the US-based Freedonia Group.
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