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Economy News, Videos, and Information


Unpredictable Economy Downsizes Crestview’s Projects

As Whalley Park nears completion, few people are as familiar with the site as Aaron Dziengelewski. He did all of the final grading on the portion of the property that has been cleared. Having flexible equipment options for this project and others has helped Crestview Construction, Inc., a company started 28 years ago by his father, John, and partner, Bernie LeDuc, keep working in today’s unpredictable construction economy....


Tar Heel Machinery Survives Tornado, Tough Economy

For Penn McMichael and Scott Woody, running a successful heavy equipment rental business centers around these principles —respect, fairness, integrity, all focused around a strong ethical core. “Our operating philosophy is based on the principles of Christ,” said Penn McMichael, co-owner of Tar Heel Machinery....


Caterpillar CFO: U.S. Economy Not Far From Liftoff

BLOOMINGTON, Ill. (AP) Caterpillar Inc. believes the American economy isn’t far from taking off again but needs a better idea of where government policy is headed in key areas such as taxes, Chief Financial Officer Edward Rapp said May 19....


Liebherr Wheel Loaders Offer Economy of Operation

U.S. customers can choose from a total of nine Liebherr wheel loaders with tipping loads from 16,090 to 45,040 lb. (7,300 to 20,430 kg). All these machines have one thing in common: economy of operation and environmental friendliness....


Report Shows Economy Needs Freight Infrastructure Investments

Freight volume will double in 40 years, resulting in 50 percent more trucks on highways and straining air, rail and port capacity, according to a new report highlighted by Pennsylvania Gov. Edward G. Rendell....


ASSE March Symposium Addresses Navigating Difficult Economy

The March 11 to 12 American Society of Safety Engineers (ASSE) symposium titled “Delivering Safety Results in Changing Times” will provide attendees with tools they can use now on how to analyze and rise above today’s difficult economy at work by leveraging the changes taking place to increase safety excellence....


10 Survival Tactics in a Tough Economy

Jim is a small business owner who’s been watching the economy evaporate in front of his eyes. Stress isn’t the word to explain how he feels. With his wife staying at home to raise their youngest child, his business bears the entire financial burden of funding their mortgage and lifestyle....


Expanding Into Asphalt Paving in a Tough Economy

In spring 2008 when the housing decline stagnated the construction industry, one contractor saw his glass half full. Ty Trulove saw an opportunity to expand his excavating business and move into asphalt paving....


JCB’s North American Dealer Coverage Climbs Despite Difficult Economy

Going against the grain in a down economy, JCB is rapidly expanding its dealer network in North America. In 2009, JCB has added seven new dealers and increased market coverage by five percentage points and the company expects this number to continue climbing....


Sunken Economy Boosts Public Construction Projects

MOUNT LAUREL, N.J. (AP) Public construction projects, usually an exercise in cost overruns, are getting cheaper as material prices fall and builders compete for contracts just to stay afloat, a silver lining for cash-strapped governments but a worry to some contractors who risk lowballing themselves out of business....








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