Domestic fabricators applaud the decision, while manufacturers, some contractors had hoped for relief

Nearly one-third of companies plan to freeze or postpone raises in 2020.

Industry executives surveyed believe that recovery will be at least a year away

While construction plummeted in the first five months, material prices have begun to stabilize

Looking to 2020, the anticipated theme of the global economy is uncertainty, as countries around the world wait for clarity over future trading arrangements. Construction activity will slow as long as these geopolitical discussions linger. 

Despite being synonymous with visual clarity, the year 2020 approaches with a somewhat blurry outlook for construction equipment purchases. 

News that House Democrats and the Trump administration have come to terms on the US-Mexico-Canada pact offers calm in the storm over trade policies roiling construction since 2017.

Wind farms and data centers will help spur falling construction start numbers