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.

---