Nonresidential fixed investment in structures expanded 4.6 percent on an annualized basis during the second quarter of 2013, according to the July 31 gross domestic product (GDP) report by the U.S. Commerce Department. This increase followed a 4.6 percent decline in the first quarter of the year.
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ConExpo-Con/Agg On Top
The Next ConExpo-Con/Agg will be held March 4-8, 2014, at the Las Vegas Convention Center in Las Vegas, and will be the international gathering place for the construction industries in 2014.
Read MoreNew Home Construction Surges in June
Sales of newly built, single-family homes surged 8.3 percent to a seasonally adjusted, annual rate of 497,000 units in June, their fastest pace in the last five years, according to data released July 24, 2013, by HUD and the U.S. Census Bureau.
Read MoreLiebherr Gets New President
Liebherr announced the appointment of Peter Mayr as president of Liebherr Construction Equipment Co., effective July 1, 2013. Mayr has held progressive leading positions within the Liebherr Group. Most recently he served as managing director for Liebherr-Great Britain Ltd. (LGB) and Liebherr Rental Ltd (LRL). Mayr began his Liebherr career in 2001 working at Liebherr-Werk Telfs GmbH (LWT) in Austria…
Read MoreThe Power of Production
The U.S. Geological Survey Released its 2012 Production Report, Revealing the Ups and Downs of Regional Activity.
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