All Market & forecasts Articles

More bad news for UK
Another survey shows UK construction slowing following Brexit - Royal Institution of Chartered Surveyors survey finds financial constraints hamper growth
Kennards Hire announces Angus Kennard as new CEO
Angus Kennard takes over from acting CEO Bill Whitehouse, who has led the business since May this year
Public procurement at Euroconstruct conference
Latest European strategy on public procurement to be presented at 82nd conference, being staged in Barcelona, Spain, by ITeC
Brexit impact on the UK equipment industry
The UK’s decision to leave the European Union will steepen the downturn in the country’s construction equipment market, and could have a significant inflationary effect, according to a new report by specialist consultancy, Off-Highway Research
UK construction equipment exports rise
Exports grew 6.1% month-on-month in volume terms to 13,000 tonnes, with EU countries accounting for 47% of total sales
Global construction equipment sales to grow 5% in 2017
New study from Off-Highway Research forecasts improvements in all major world markets next year, with India leading the way in growth terms
US states suffer mixed workloads
Kansas sees workload decline 8.5% over 12-month period, while lack of skilled workers remains a problem, according to AGC of America
Ukraine bounces back
PMR estimates Ukrainian construction industry to have bounced back in first half after difficult few years, with expansion of 9% year-on-year
Output rises in German construction
Residential building drives growth in July, but optimism for future at eight-month low, according to IHS Markit
Four-month high for Ireland
July’s expansion of business activity at Irish construction firms comes on back of accelerated increase in new orders, says Ulster Bank
Indian equipment market surges
Sales of construction equipment in India are expected to be 20% higher this year than in 2015, with growth set to continue at a more measured pace up to at least 2020
‘Cautious optimism’ for German machinery
German construction equipment manufacturers said to be “cautiously optimistic” half way through year, with forecast still suggesting growth of 3%
Moderate growth in European equipment market
The construction equipment market in Western Europe is expected to rise 1% this year, accelerating to 3% growth in 2017, according to a new report from Off-Highway Research
Chinese equipment market fell -12% in first half
Despite a spike in sales in the first quarter ahead of new emissions legislation and new infrastructure investment, the high machine population is depressing new equipment sales
UK construction tumbles
Uncertainty in lead up to referendum hits latest Markit/CIPS UK Construction purchasing managers’ index
Indian backhoe loader sales to grow +32% by 2020
Unit sales are expected to reach 28,000 machines over the next five years as infrastructure spending and government reforms stimulate demand
‘Little or no upside’ to UK leaving EU
Major risks to growth with little or no upside predicted for UK following referendum decision to leave EU, according to research company
Euroconstruct expects GDP growth
Estimates suggest gross domestic product will grow by 1.9% per annum for the 19 Euroconstruct countries in years from 2016 to 2018
Balkan optimism continues
EECFA forecasts growth in some Eastern European countries it covers, but others still face difficult time in period to 2018
FIEC sees Europe recovery
2.4% up in overall EU construction industry in 2015 while forecasts suggest another increase for 2016 – but at a slower pace
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