As the equipment rental business goes up, so goes the economy. Or at least that is what many say. United Rentals First-Quarter Profit Up 62% United Rentals’ quarter #1 earnings climbed 62% as the company’s revenue continued to gain strength. UR reported a profit of $21 million, up from $13 million a year earlier. GO… Read more »
Construction Sector Adds 18,000 Jobs in March Construction employment experienced an increase for the tenth month in a row in March, as the sector added 18,000 jobs, according to analysis of federal data by the Associated General Contractors of America (AGC). The sector surpassed 5.8 million employees for the first time since September 2009. “The… Read more »
As reported from www.cranestodaymagazine.com, “Terex’s Bauma 2013 stand will include the first appearance of a brand new family of all terrains. The new all terrain crane, due to be shown in a five-axle variant, will be joined by the first trade show appearances of the company’s new Quadstar rough terrain cranes and Superlift crawlers.” Cranes… Read more »
Improving US housing markets was at 273 metros in April, virtually unchanged after seven months of gains.
The U.S. economy added 88,000 jobs in March, the Labor Department said. The unemployment rate, obtained by a separate survey of U.S. households, fell one-tenth of a percentage point to 7.6%. Economists had forecast that nonfarm payrolls would rise by 200,000 and the unemployment rate would hold steady at 7.7%.