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Economy News, Videos, and Information


U.S. Economy Stumbles Into the New Year

The construction industry, a mighty engine for the U.S. economy, is sputtering slightly as it enters 2003, but it still has a lot of horsepower. Leading economists and industry observers see an industry wounded by the slow economic recovery, which has affected new commercial building construction, bond funding for highway work and other projects. But, in interviews with Construction Equipment Guide, they also cite many positives....


New Deere Center Boosts Jefferson City Economy

When Ryan Companies US Inc. and the Jefferson County Chamber of Commerce announced this past April that Jefferson County was the site selected for a John Deere regional distribution center, it was a win/win proposition for all....


Equipment Rentals Hold Steady Despite Slower Economy

The struggling economy is having a significant effect on the rental industry. How great, and whether it is actually a positive or negative effect overall, is a contention among manufacturers and rental companies. As with many businesses, a slow economy reduces the overall business....


Capital District’s Economy Grows Suburban Contracting

The Capital District of New York has had a strong economy for the past several years, which has benefited area companies such as Suburban Contracting and Development Corporation. The company is a land development contractor that purchases area land, site clears it and develops is so that it is suitable for area builders to construct homes on or develops land under contract owned directly by area home builders....


Association Hails Congressional Tax-Cut Vote as Boost to Economy

Associated Builders and Contractors (ABC) hailed last week’s vote in the House of Representatives to approve a key element of President Bush’s tax-cut plan. The House voted 230-198 to approve the Economic Growth and Tax Relief Act of 2001 (H.R....






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