Terex Corp. Market uncertainty dragged down sales of new cranes in the third quarter. Related Links: Tax Law Changes May Hurt Equipment Sales, Boost Rentals in 2014 At 2013 ICUEE Show, Utility Contractors Fleet Up A lack of confidence in non-residential construction activity slowed down equipment manufacturers' sales in the third quarter, renewing some analysts' fears the U.S. economy is suffering from a "craneless" recovery, or a scant amount of available infrastructure work requiring heavy earthmoving and lifting machines. Leading indicators, however, show that non-residential activity may soon pick up.Equipment market leader Caterpillar Inc. is experiencing what it describes as
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.