ELFA’s Survey of Economic Activity: Monthly Leasing and Finance Index

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WASHINGTON, D.C. — The Equipment Leasing and Finance Association's Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new business volume for May was $6.9 billion, down 8 percent from new business volume in May 2013. Month-over-month, new business volume was down 14 percent from April. Year to date, cumulative new business volume increased 3 percent compared to 2013.   Receivables over 30 days were unchanged from the previous month at 2.0 percent, and were up from 1.6 percent from the same period … Read more

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ARCADIS Report: U.S. Construction Dispute Values Triple to $34.3M in 2013

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HIGHLANDS RANCH, Colo. — In its fourth annual Global Construction Disputes Report, ARCADIS reported that in 2013, the average claimed value of construction disputes in the U.S. tripled over 2012, to an average of $34.3 million. However, the U.S. was still well below average construction dispute values globally, behind Asia and the Middle East. At the same time, construction disputes in the U.S. took 1.8 months longer to resolve than in 2012, averaging 13.7 months. This year's ARCADIS report on the top trends driving the value, duration, causes and resolutions of construction disputes worldwide, "Global Construction Disputes: Getting the Basics … Read more

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Integrated Builders Begins Renovation of 10 Oceana Drive in Canton

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ROCKLAND, Mass. — Integrated Builders Inc. has begun construction on 10 Oceana Drive in Canton, Massachusetts. This project consists of a 40,000-square-foot office building that will receive over $1.5 million dollars in renovations. Integrated Builders Project Manager Bob Purdy will work with Superintendent Colin Little and owners, Equity Industrial Partners, throughout the renovations and will lease 10,000 square feet of this space to the first tenant, The Pulse Network. The Pulse Network is expanding their space in Canton and is excited to be the first tenant in this new renovated space. The Pulse Network provides a cloud-based platform focused on … Read more

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Three-Point Jump for Architecture Billings Index

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WASHINGTON, D.C. — On the heels of consecutive months of decreasing demand for design services, the Architecture Billings Index has returned to positive territory. As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to twelve-month lead time between architecture billings and construction spending. The American Institute of Architects reported the May ABI score was 52.6, up sharply from a mark of 49.6 in April. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 63.2, up from the reading of 59.1 the … Read more

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NCCER Announces New Senior Director/Chief Operations Officer

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ALACHUA, Fla. — NCCER announced Katrina Kersch has been appointed as a senior director and chief operations officer. Kersch started her position June 12 at NCCER’s headquarters in Alachua, Florida. The senior director/chief operations officer position was created to accommodate the need for additional leadership for the growing organization. She will oversee daily operations of the following departments: Product Development and Revision, Program Services and Credentialing and Compliance Services. Kersch will report directly to NCCER President Don Whyte. “We are excited to have Katrina join our team,” Whyte said. “As the construction industry continues to grow, we are growing as … Read more

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