‘Investment in construction equipment more than doubled in the last two years and reached a record high in the third quarter of 2011,’ which could signify better times for the construction industry. Although we are all hoping for improvements in growth and profitability in 2012, the picture is not all that clear.
From the article, I do like Wells Fargo Equipment Finance, Inc. forecast that ‘private nonresidential construction shows the best prospects for 2012…5 percent to 10 percent growth.’
