WASHINGTON (October 23, 2013) — The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new business volume for September was $7.7 billion, down 6 percent compared to volume in September 2012.
(October 22, 2013) - Construction employment rose by 20,000 in September, and the industry’s unemployment rate fell to a six-year low of 8.5 percent, while construction spending increased for the fifth consecutive month in August, according to an analysis of new government data by the Associated General Contractors of America. Association officials cautioned that the data does not address any potential impacts from the recent federal government shutdown.
WASHINGTON (October 21, 2013) – The Equipment Leasing & Finance Foundation (the Foundation) released the October 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $725 billion equipment finance sector.
WASHINGTON (October 15, 2013) — New business volume grew 16.4 percent in the equipment finance industry in 2012, according to the 2013 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association (ELFA). The growth in volume was on par with the 16.5 percent increase reported for 2011, and well above the 3.9 percent increase reported for 2010 and the 30.3 percent decline in 2009.
SAN ANTONIO (October 14, 2013) – Sundt Construction Inc. will take down the barricades to the West 7th Street Bridge, opening the Fort Worth thoroughfare to traffic for the first time in nearly four months. The bridge, which links downtown Fort Worth with the city’s cultural district, was slated to be closed into November. The Sundt team, however, fought through wet weather and executed its plan to open lanes for traffic a month early.
MARLTON, N.J. (October 14, 2013) - Hill International announced today that Thomas J. Driscoll, F.CMAA, a Senior Vice President with Hill's Construction Claims Group, has been recognized with the Construction Management Award by the American Society of Civil Engineers (ASCE). The award was presented to him during the ASCE's Annual Conference which was held on October 9-12, 2013 in Charlotte, North Carolina.
SAUK CENTRE, Minn. (October 8, 2013) – Felling Trailers is implementing its first online auction of a FT-3 drop deck utility trailer. Felling Trailers wants to bring awareness to the early detection of breast cancer. Thus, Felling Trailers manufactured and painted one of its most popular trailers hot pink to be auctioned online for 10 days during the month of October, which is breast cancer awareness month. Tredit Tire generously donated the wheels, and Midwest Industrial Coatings Inc.