Source: Rouse Value Index Used-equipment values of major rental companies have held steady, at just over 50% of replacement cost, since the beginning of last year. Related Links: Why Contractors Are Renting More and Buying Less Equipment Dealers Jump Into the Auction Market As the construction industry continues its slow recovery, some industry observers are pointing to a growing disconnect between machines that are sold at retail and machines that are rented. Generally, uncertainty has contractors renting more and buying less. But will they continue to do so after the economy rebounds?The answer, say some experts, is yes. The recent
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.