All Market & forecasts Articles

Global equipment market to fall -15% in 2009
A new report from Off-Highway Research says construction equipment sales in five major regions of the world will fall a total of -15% this year.
World Bank puts Chinese growth at +6.5%
Downgraded forecast adds to pressure for more stimulus spending.
NES Rentals logs high customer loyalty
NES Rentals Holdings, one of the largest aerial equipment rental providers in the US, has announced that its 12-month Net Promoter Score average is at an all-time high of 72 and expected to get higher in 2009.
Recession felt in Middle East
The Middle East is still a hive of activity but the region is starting to feel the affects of the global economic slump. Euan Youdale reports
US demand for "green" building materials rising
The US market for "green" building material is expected to rise +7.2% annually to over US$ 80 billion in 2013, according to the latest report by market research company the Freedonia Group.
Russia and CIS cut cement production
Cement production and consumption is set to contract in Russia and the Commonwealth of Independent States (CIS) during 2009 as the impact of the global financial crisis is felt in the region
Q4 German equipment orders fall –30%
Incoming orders for German-built construction equipment and building materials machinery fell more than -30% in the final quarter of last year.
Construction growth slows in Western Balkans
Construction growth in the Western Balkans is expected to slow to +6% in 2009, down from +12% last year according to the latest report from PMR market research.
European construction down again in December
Construction output in the 27 EU countries was down -6,7% in December 2008, compared to December 2007, according to new figures from Eurostat.
European rental market valued at €33.6 billion
The European equipment rental industry was worth €33.6 billion in 2008, a 2.8% decrease on the previous year, according to new research commissioned by the European Rental Association. The figure comprises €24.4 billion for rental of equipment without operators and €9.2 billion with operators.
Euro 2012 to give Poland € 20 billion boost
Construction projects linked to the Euro 2012 football tournament will add an estimated PLN 94,7 billion (€ 20,0 billion) to the Polish construction market.
Manitowoc Cranes to cut fifth of workforce
Manitowoc increased sales by 20% in 2008 but will reduce its workforce by about 22% in 2009. The report came from company executives during a fourth quarter earnings call to investors
Gottwald and Liebherr review container crane segment
Liebherr says it has increased its market share of the mobile harbour crane market. Gottwald was also looking back on a successful 2008, despite the global economic environment.
Demand for cement in China to rise
Demand for cement in China is forecast to rise by +6% annually through 2012 to 1.8 billion tonnes, according to Cement in China, the latest study by US-based research company The Freedonia Group.
US$ 375 billion construction boost from stimulus spending
Research by iC shows that stimulus package spending could add US$ 375 billion per year to the world's construction output in this year and a similar amount again in 2010.
CHINA: Stimulus package to boost construction +40%
Growth in China’s construction output will be strong in 2009 compared to the rest of the world, but it will be down on the double-digit rises the industry is used to. Chris Sleight looks at how the government’s US$ 585 billion stimulus package should help.
European construction down again in November
Construction output in the 27 EU countries was down -4.2% in November, compared to a year previously according to new data from Eurostat.
Polish material prices fall
Prices for house building materials fell -6% in December compared to a year ago.
€ 18 billion construction boost in German stimulus package
The German government will invest up to an extra € 18 billion in construction over the next two years, as part of its new € 50 billion stimulus package.
Manitowoc forecasts 20% revenue drop
Crane manufacturer Manitowoc has updated its financial forecast for 2009 and for its 2008 full-year financial results
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