AEM Report Shows How Construction Equipment Drives U.S. Economy

A new report released by the Association of Equipment Manufacturers (AEM) highlights the contributions of the construction equipment (C.E.) industry to the American economy by supporting hundreds of thousands of high-paying jobs and billions in economic activity in its industry area.

The report – authored by Inforum, an economic industry research organization at the University of Maryland – underscores both the growth in the C.E. industry over the last decade, along with the threats posed by diminishing government investment in infrastructure projects and eliminating support for manufacturing exports.

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Focus on... New Home Sales

WASHINGTON (MarketWatch) — Sales of new single-family homes surged last month, hitting the fastest pace in more than six years, according to government data released Wednesday.

New-home sales rose 18% in August to a seasonally adjusted annual rate of 504,000, the fastest pace since May 2008, the U.S. Commerce Department reported. August's result thrashed forecasts from economists polled by MarketWatch, who had expected a sales rate of 426,000, compared with an originally estimated pace of 412,000 for July.

The 18% gain was the largest one-month percentage rise since January 1992.

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Wilson Equipment Co. of Lexington, KY, has reported a couple of stolen backhoes. The information on the units, including the serial numbers are:

2012 – Case 580N Tractor Loader Backhoe – NCC560553
2012 – Case 580N Tractor Loader Backhoe – NCC560666

If you have any information, please contact Wilson Equipment at 800-432-0913.

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