Construction input prices are up 24.4% from a year ago and 39.1% from February 2020, the month before the pandemic began to affect the economy, while nonresidential construction input prices are up 25% from a year ago and 39.2% from February 2020.
Industry Roundup: LiuGong Partners with Love Power Equipment
As if construction work wasn’t dangerous enough, the use of job-made boxes, baskets and platforms increase fall-related risks and crush injuries inherent in the industry.
They say what goes up, must come down. But construction material pricing has been testing that inevitability for over two years, with no discernible end in sight. Economist Ken Simonson issued yet another construction inflation alert last week, spotlighting the inexorable climb of diesel, aluminum mill
The Relief for Restaurants and other Hard Hit Small Businesses Act of 2022 — an amendment to H.R.3807 — could help the thousands of small businesses still struggling with the impact of the coronavirus (COVID-19) pandemic. The amended bill, sponsored by Rep. Nydia Velazquez (D-N.Y.),
Francis Fukuyama, the American political scientist who once described the collapse of the Soviet Union as the “end of history,” suggested that Russia’s invasion of Ukraine might be called “the end of the end of history.” He meant that Vladimir Putin’s aggression signals a rollback
RentalMax, Carol Stream, Ill., has acquired Regional Rentals & Sales, Hobart, Ind. The acquisition was effective on Feb. 1, 2022. The acquisition gives RentalMax nine store locations serving the Greater Chicagoland area. This is its first location in Indiana, which the company sees as
Following the dissolution of the joint manufacturing venture between Hitachi Construction Machinery Americas Inc. (HCMA) and John Deere on March 1st, 2022, HCMA looks to start a new chapter in North America and Latin America. This new chapter marks the beginning of HCMA officially
What you should watch for when buying equipment Question: I’m buying some equipment, and the shipping terms in the purchase agreement refer to “EXW Incoterms 2020.” I’m generally familiar with “Incoterms,” but I don’t really have a lot of time to study what each one