Wells Fargo Issues Q4 Construction Quarterly Report

Predicts gradually improving construction market in 2012.

Today Wells Fargo released its Construction Quarterly report for Q4 2011. The report includes historical data on U.S. construction put in place and construction employment, a review of the construction equipment rental market, key manufacturer news, and predictions for 2012 in key construction categories such as housing and infrastructure.

A guest editorial by Ken Simonson, Chief Economist, AGC of America, entitled "Delve into ’12: More Cheery than Dreary" sets the tone; "Construction activity appears to have leveled off in late 2011, after five years of decline," Simonson begins. "The industry should finally post a gain in 2012, but not every segment will benefit. Equipment vendors and lessors will face a similarly mixed picture."

To download the complete report, click here.