All Market & forecasts Articles

Building cost index points to US stability
The Turner Building Cost Index that measures non-residential building construction costs in the US decreased by -2% in the third quarter of this year
Contraction slows in Irish construction
Latest data about the construction industry in Ireland from the Ulster Bank Construction Purchasing Managers’ Index (PMI) showed a rise for the second month in a row
Recovery for Russian equipment market
Sales of construction equipment in Russia are expected to recover within the next 12 months according to the latest report from PMR Publications.
VIDEO: Europe's 100 largest construction contractors
Who were the risers and fallers in Construction Europe's 2009 ranking of the region's 100 largest construction contractors?
OECD revises forecasts upwards
Recovery will begin sooner than expected in the G7 countries.
VIDEO: Emerging market rebound
iC editor Chris Sleight looks at the outlook for the global construction industry.
New International Concrete Construction 2009 report available
KHL's latest directory, International Concrete Construction 2009, is now available to buy
Access manufacturers facing slow recovery
Leading players in the aerial platform market have said there is unlikely to be a quick recovery in the demand for equipment.
DeFeo says US stimulus package has failed
Terex chairman and CEO Ron DeFeo has said the US Recovery and Reinvestment Act has so far failed to deliver
China equipment sales expected to grow after dip this year
Off Highway Research expects sales of construction equipment in China to dip -6% this year, prior to growth over the coming four years.
Optimistic outlook for Indian equipment sales
Sales of construction equipment in India are likely to fall by -17% by the end of 2009 to 38240 units, compared to 46092 units recorded last year. However, this will be followed by "strong and sustained growth" for the next five years according to the latest report from Off-Highway Research.
VIDEO: European construction recovery prospects
CE’s Editor Chris Sleight discusses forecasts for the European construction industry and analyses other indicators such as share price gains and our CE Barometer confidence survey to see when the market is likely to bounce back.
Construction activity still strong in the UAE
Construction activity is still strong in the United Arab Emirates, according to local Manitowoc dealer NFT. IC reports
Leighton’s King predicts better times
Wal King, CEO of Leighton Holdings, which ranked 28 in iC’s global top 200 contractors this year, has said he’s upbeat about the future.
Further decline in Australian construction activity
There was a further decline in national construction industry activity in July with the seasonally adjusted Australian Industry Group/Housing Industry Association Performance of Construction Index (Australian PCI) falling by 3.1 points to 39.5.
Caterpillar eyes profitability
Caterpillar CEO Jim Owens has said the company is now positioned for long-term profitability even if the global crisis means sales remain at a depressed level.
Construction in Romania to last decades
The president of the Romanian Chamber of Industry and Commerce predicts that over the next two decades construction will be a major driver in the country’s economy.
JCB – another tough 12 months
JCB expects the current weakness in the construction equipment market to continue for another year. The company's CEO, Mathew Taylor, has also been critical of the slow speed in which stimulus packages have been put into action in developed countries.
Carrier says ozone regulations are boosting chiller rental demand
Carrier Rental Systems (CRS), the temperature control, power and pump rental specialist, said the phasing out of R22 refrigerants used in industrial air conditioning and cooling systems is leading to an increase in rental enquiries for its process chillers and air conditioning equipment.
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