At a seasonally adjusted annual rate of $789.3 billion, new construction starts in November decreased 7 percent from October’s elevated amount, according to Dodge Data & Analytics. Most of the total construction decline in the latest month was the result of nonresidential building pulling back 15 percent after its 43 percent surge in October.
Read MoreMonth: January 2019
Hayes Named AED Foundation VP of Operations
The Associated Equipment Distributors (AED) recently hired Cory Hayes as vice president of operations for the AED Foundation. Hayes has nearly 20 years of experience in the heavy equipment industry, working with dealers, OEMs and service providers. “Serving as a leader within the equipment industry over the years, I’ve had the privilege of working with AED on industry projects, as…
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