Trimble and Worldsensing announced the introduction of a solution for long-term 3D ground and structural movement monitoring that will combine Trimble 4D Control (T4D) monitoring software with the new Trimble GNSS Meter, powered by Worldsensing. Designed for the mining, construction and infrastructure industries, this solution helps minimize the risks associated with land and structure instability by enabling faster and more…
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New Home Sales Rise in September
Home buyers moved off the sidelines in September following the Federal Reserve’s recent move to cut interest rates for the first time in four years.
Read MoreSullivan Touts Rate Cuts as Benefit to Construction Economy
Ed Sullivan, the chief economist and senior vice president of market intelligence for the Portland Cement Association (PCA) – which represents America’s cement manufacturers – said the Federal Reserve’s recent move to lower interest rates coupled with easing inflation signals a significant retreat in interest rate levels by the end of next year … all to the benefit of construction activity.
Read MoreThe Pulse – October 2024
Construction Starts Rise 6% in August
Total construction starts rose 6% in August to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Residential starts rose 5%, nonbuilding starts gained 17%, while nonresidential buildings fell 2% in August.
Read MoreThunder Creek Expands Truck Upfit Fueling and Service Product Line
Thunder Creek Equipment announced the expansion of its truck upfit line of fuel and service solutions with the addition of the Class 5 Isuzu NRR truck chassis. This expansion includes both the No HAZMAT Fuel & Service Upfit (MTU) model, as well as the Service & Lube Truck Upfit (SLU) for daily fluids and preventive maintenance. “The addition of the…
Read MoreTerex Launches MAGNA for Large-Scale Quarry, Mining Operations
Terex announced the launch of MAGNA, a new brand to address the demands of large-scale operations in the quarrying, mining, construction and recycling industries. With decades of experience and a reputation for excellence across its Powerscreen, Finlay and EvoQuip brands, Terex has been at the forefront of providing innovative, high-quality equipment solutions. Under the strapline ‘Made for More’, MAGNA will…
Read MoreMDS to Exhibit M412 and M515 Trommels at Hillhead 2024
MDS, a leading manufacturer of heavy-duty rock trommels and conveyors, will feature the M412 and M515 track trommels at Hillhead 2024 from June 25-27 in Buxton, England. The compact yet powerful M412, which will be located on Stand L5, represents performance and durability, having been engineered to screen the most challenging of applications from demolition waste to quarry overburden. Its…
Read MoreNew Home Sales Post Solid Gain in March
Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this month, which is expected to moderate sales and increase the use of builder sales incentives this spring.
Read MoreDodge Momentum Index Falls in March
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 8.6% in March to 164.0 (2000=100) from the revised February reading of 179.5. Over the month, commercial planning fell 3.2% and institutional planning dropped 17.2%.
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