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Commercial Construction Trends and Predictions for 2016

HardHatChat

A continuing construction labor shortage will result in higher pricing and scheduling challenges in 2016. We are optimistic this positive momentum will continue into 2016, but as always there are challenges ahead, too. Locally Grown Restaurants Feed the Construction Pipeline.

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Deere Q3 Sales Up 16 Percent

Construction Equipment

Deere announced its third-quarter earnings today, showing a net income of $641.8 million for the quarter ended July 31, 2016. For the first nine months of fiscal 2017, net income attributable to Deere & Company was $1.649 billion, compared with $1.239 billion, for the same period last year.

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Deere Reports Q4 Sales Up 23 Percent to $8.028 Billion

Construction Equipment

Deere released its fourth quarter earnings today, showing net income attributable to Deere & Company was $510.3 million, for the quarter ended October 30, 2016. For fiscal 2017, net income attributable to Deere & Company was $2.159 billion compared with $1.524 billion in 2016.

Income 88
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Volvo Construction Equipment Global Sales Up 30% in 1st Quarter

Construction Equipment

During the first three months of 2017 Volvo CE saw net sales jump by 30 percent to SEK 16,163 M (SEK 12,452 M in Q1 2016). Operating income was also positively impacted, rising to SEK 1,617 M, up significantly compared to SEK 341 M in the first quarter of 2016.

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Iowa Program Introduces Low-Income Women To Heavy Equipment Jobs

Construction Equipment

Iowa Workforce Development , IowaWORKS and Hawkeye Community College are using a $75,000 Walmart Foundation grant to introduce low-income Iowa women to high-growth construction jobs.

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Oshkosh Revises 2016 Expectations Upward

Construction Equipment

Oshkosh Corporation announced at its Analyst Day last Friday that the company is increasing its fiscal 2016 financial estimates and expects to deliver year-over-year growth in revenue, operating income and earnings per share (EPS) in fiscal 2017.

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Decarbonization Efforts Largely Exclude Affordable Housing

Pro Builder

A leading example of a statewide decarbonization program targeting multifamily properties with low-income residents is California’s Low-Income Weatherization Program (LIWP), one of the largest building electrification efforts in the United States.

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