Construction Industry Enormously Positive About Non-Residential Activities – America News Hour

Construction Industry Enormously Positive About Non-Residential Activities

Construction Industry Enormously Positive About Non-Residential Activities

As per the Wells Fargo Equipment Finance’s 2018 Construction Industry Report, enthusiasm for expanding construction activity in 2018 on the part of manufacturers, distributors, contractors and as well as equipment rental firms is at 20 year peak.

A brief overview from the report states that 61% of executives surveyed anticipate an incline in net profits as compared to last year, whereas 92% assumes profit to incline or will remain the same. In addition to this, contractor equipment rentals already are up from 2017, but survey respondents mentioned that small upsurge in rental rates would boost them purchase the equipment rather than rent.

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Barbara is a freelance journalist and an expert in Finance, agricultural investments, economics, financial markets, new media, international relations & politics.

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