Public-Sector Construction Needs Investment; Qualified Workers

Only 23 states and the District of Columbia added construction jobs between September and October while construction employment increased in 35 states between October 2015 and October 2016, according to analysis of Labor Department data released by the Associated General Contractors of America (AGC). Association officials said declining public-sector investments in infrastructure and other public projects were undermining construction employment…

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Housing Starts Jump 25.5 Percent in October

Led by impressive gains in both single-family and multifamily production, nationwide housing starts surged 25.5 percent in October to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family starts reached their highest level since October 2007 while multifamily production jumped 68.8…

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October Construction Starts Recede 4 Percent

New construction starts in October decreased 4 percent to a seasonally adjusted annual rate of $678.9 billion, settling back from the elevated amount that was reported in September, according to Dodge Data & Analytics. Nonresidential building retreated from its brisk September pace, which was this sector’s strongest volume so far in 2016. 

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Cat Updates 992K Wheel Loader

Designed to lower fuel costs and increase operating efficiency, the recently updated Cat 992K Wheel Loader features Caterpillar’s Economy Mode operation. With the new On-Demand Throttle arrangement, the 992K automatically manages engine speed, combining the efficiency of a manual throttle with ergonomic throttle lock operation. Caterpillar performance studies have shown the 992K reduces fuel consumption by as much as 21…

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AEM Elects 2017 Officers, Directors

The Association of Equipment Manufacturers (AEM) announced its 2017 officers as well as those elected to the AEM board of directors and AG and CE sector boards. AEM officers for 2017 are: Chair Michael A. Haberman, president, Gradall Industries Inc.  Vice Chair Richard M. Goldsbury, president Doosan Bobcat North America & Oceania, Doosan Bobcat. AG Chair John D. Lagemann, senior…

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