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Liebherr 2020 Sales Down 12%

Construction Equipment

billion in 2020, down 12 percent from the approximately $14.2 Net income for the year was about $501 million, down from about $726 million in 2019. Family-owned Liebherr Group posted sales of approximately $12.5 billion it recorded in 2019. Net profit was about $8.4 million, down from about $517…

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Deere 2020 Sales Down 15%

Construction Equipment

Fiscal 2020 sales and revenue for Deere & Co. Net income was down 15 percent for the year: $2.8 were 9 percent below 2019 figures, registering $35.5 billion compared to $39.3 billion last year. billion versus $3.3 John Deere delivered another quarter of strong performance and a solid…

Income 107
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CNH Industrial Reports Q4 Results

Construction Equipment

Net income of $187 million and adjusted net income of $432 million. GAAP “CNH Industrial delivered solid results in Q4, ending 2020 with year-over-year profitability improvements… CNH Industrial reported consolidated revenues of $8.5 billion (up 10 percent). Financial results presented under U.S.

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Housing Affordability, Median Incomes Took a Hit in April

Pro Builder

Housing Affordability, Median Incomes Took a Hit in April. As monthly mortgage payments increased double digits in April from March, median family income declined. The National Association of Realtors (NAR) found median family incomes dropped 1% from March to April this year as monthly mortgage payments went up 16.1%.

Income 66
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The 7 Biggest Construction Safety Stories of 2020

Construction Junkie

2020 was a challenging year in many respects, but none greater than from a safety standpoint. The coronavirus pandemic placed the notion of “people over profits” under the microscope, while also balancing the needs of their employees to continue to make an income under difficult circumstances.

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Americans’ Personal Income, Savings Increase Double-Digits

Pro Builder

Americans’ Personal Income, Savings Increase Double-Digits. Coronavirus stimulus payments helped to heighten Americans’ personal income by 10% in January, according to data from the Bureau of Economic Analysis. in December 2020 and inched up 0.7% increase in December 2020, marking the largest monthly gains since May 2020.

Income 52
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IRS Extends 2019 Income Tax Payment Deadline—States Soon to Follow

Best Practices Construction Law

In response to the COVID-19 Coronavirus pandemic, Treasury Secretary Steven Mnuchin announced Tuesday that Americans will have until July 15th to pay their 2019 federal income taxes—and without penalties or interest. This includes not only state income taxes, but also sales taxes, admission taxes, and other taxes administered by SCDOR.

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