The Latest from ECE

A look at the most recent job numbers sheds light on what’s happening in the construction industry. Also, proposed legislation would empower immigrant workers. The Fed has been aggressively raising interest rates over the last year in order to tame inflationary pressures. Multiple large (.75%) rate increases have given way to the most recent and smallest quarter-point increase on Feb 15th. It’s the eighth straight increase since last March.  One of the Fed’s biggest concerns […]

Elite Construction Equipment is excited to announce the availability of advanced mobile surveillance systems for our customers! Construction-site theft and vandalism cost the industry millions every year. Now you can have access to affordable, proven solutions. Elite features surveillance units with remote video technology and advanced recognition software to identify, track, and evaluate potential security threats. And once a threat has been confirmed, these mobile surveillance solutions can take the next step by activating on-site […]

Anyone who’s followed the housing market in the last year knows that it’s been a particularly nasty environment for home sales. Last year’s rate hikes resulted in fewer mortgage applications and home purchases. Mortgage applications at the end of 2022 were at their lowest level in almost 25 years. Finally, there are new numbers that show that the story is starting to change. Mortgage rates have fallen by 0.93% from their Nov. high. The average […]

JLG has released a whitepaper that describes the five most significant trends that will impact the construction industry over the next five years.  This article will summarize the highlights of that whitepaper, but it’s well worth reading, so we encourage you to get a copy here.  In the post-pandemic world of the construction industry, the five biggest influences will be: #1 Shifts in Growth and Trade The supply chain has shifted and will continue to […]