All Market & forecasts Articles

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.
US infrastructure spending to fall this year
Power sector growing, but state deficits will see investment fall in other areas.
Outlook worsens for UK construction
Construction Products Association downgrades its forecasts for 2009 and 2010. Construction output is expected to fall -16% this year.
CRH sees second half improvement
Trading update says rate of decline in profits is slowing
Surprise opportunities
Large mature countries are more attractive construction markets than fast-growing emerging economies, according to new study.
FIEC predicts –5,2% fall in EU construction
House building and privately funded non-residential construction to bear the brunt of the decline, with growth in civil engineering.
Asian headquarters for construction division
Sandvik Mining and Construction is moving its construction businesses' headquarters to Singapore.
Power rentals on the up in southern Africa
The power rental market in sub-Saharan Africa is forecast to grow at a compound annual rate of 9.5% to 2014, according to a recently published report by consultant Frost & Sullivan.
Indian infrastructure investment to reach US$ 500 billion by 2012
India's Government is planning a US$ 354 billion investment in its infrastructure by 2012, with another US$ 150 billion expected to come from the private sector, according to the latest report by PwC.
US housing starts rebound
Authorisations and new starts rose in May compared to April, but were still only half what they were a year ago.
European construction to fall –7,5% this year
Euroconstruct revises forecasts downwards and sees recession bottoming-out in 2010
Record fall in UK construction
Construction output in the UK fell -16% in the first quarter of the year, compared to the same period in 2008.
Australian recovery?
The Australian Industry Group’s Performance of Construction Index (PCI) rose by 10.4 points to 46.9 in May.
Brazilian equipment market worth US$ 4.7 annually
Brazil´s construction equipment sector is worth BRL 10 billion (US$ 4.7 billion) annually, according to the latest research by Sobratema, the Brazilian Association for Technology in Equipment and Maintenance.
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