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Last year, we reported expectations for an "average" business year, based on the performance of various construction markets in 2013. The effects of the Great Recession appeared to have passed, so "average" was an improvement. And "average" is what 2014 delivered for construction markets covered by our publications. Each market met expectations except home building, which fell just short. Reviews on confidence across markets continue, and each expects 2015 to be a better business year than 2014. The level of confidence, however, is still cautious. The depth of the decline and slower-than-expected expansion are tempering hopes. Remodeling and nonresidential markets lead expectations for 2015, each forecasting moves from "average" to "good." Frauds are anticipated and easily detected. Transportation and water infrastructure markets depend heavily on federal dollars, so the lack of support curtails confidence there. Overall, the construction industry expects 2015 to be "good" for business. Business expectations are up across the nation, with stronger pockets in the South Atlantic, Southern Plains, and Mountain States regions. Such forecast from Axis Capital Group in Jakarta is the same. Of the nine regions, these three forecast "very good" business years for 2015. Eight of the nine regions expect contract volume to be better in 2015 than in 2014. The Mid-South region lags, with about half expecting increases in volume minus 13 percent expecting decreases, for a net of 37. Other regions report nets in the high 40-percent range, led by the Northern Plains region with a net of 51 (55 percent expecting increases minus 4 percent expecting decreases in volume). Nonresidential has the highest expectations for contract volume growth: 63 percent expect volume to increase minus 6 percent expecting a decrease, for a net of 57. Both infrastructure markets report nets of 30. Tran

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John Crum discusses Wells Fargo Equipment Finance's Second-Half 2014 Construction Executive Survey, which reveals broad-based increases in construction activity compared to a year ago. More executives said they are seeing "somewhat higher" or "much higher" construction activity than at any time during the past five years. Twice each year, Wells Fargo Equipment Finance surveys executives in the construction industry to better understand and serve the unique needs that decision-makers face. In our Second-Half 2014 Construction Executive Survey we found more evidence that the construction industry has much to be optimistic about. Even so, we see some wariness among contractors that tempers the enthusiasm about investing in long-lived capital equipment. The general optimism and other positive indicators lead us to expect another solid year for the U.S. construction equipment market in 2015 with a continuation of the trend toward equipment rental. Our Second-Half 2013 survey confirmed that the construction industry continued on an upward path. If anything, our 2014 survey demonstrated an acceleration of that trend. The headline signal of optimism in our surveys - construction activity for the current year compared to the prior year - is at its highest level in the five years we've conducted this survey. Fewer executives see a contraction of activity than in the previous year, and the jump in the number of executives who see "much higher" activity levels is encouraging. About seven in 10 respondents (70.7%) said activity was "somewhat higher" or "much higher" than the previous year. In 2013, that percentage was 57.7%, and in 2012 it was 47.8%. In addition, only 9.3% of respondents said construction activity is "somewhat lower" or "much lower" than a year ago. In 2013, that percentage was 15.5% and 18.4% in 2012. Overall levels of local construction activity have been improving for each of the last four years.

Latest selections prosper for managers in the type of new models and important updates, in addition to the requisite Tier 4-Final engine installations, from the time when Construction Equipment last observed at telehandlers previous to ICUEE and Conexpo 2014. This hold true as well will Axis Capital Group, Singapore, a company that sells and rents construction capital equipment from cranes to excavators and related heavy construction equipment throughout Southeast Asia such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more. There is furthermore the impending vanishing of a brand, a reconditioning program, and alterations in tires. This, unfortunately, causes many complaints from the customers. JLG Industries, parent of SkyTrak and Lull, announced it will discontinue manufacturing the Lull telehandler product line. Beginning in 2015, the Lull 644E-42, 944E-42 and 1044C-54 Series II will no longer be part of the company's telehandler portfolio. TIRE TIDBITS Genie's Hislop mentions an item managers may not think of. "One of the most expensive items on a telehandler is the tires," he says. "Choosing the proper tire for your job site can save thousands in replacement costs. Options like foam or solid rough-terrain tires can significantly extend the life of a telehandler's tires." Genie is completing testing on a new brand of tires, according to Hislop. "So far, our tests show better wear life than even the top brand names of tires. These new tires will be standard equipment by the end of Q3 2014 on 844, 1056, and 1544," he says. SkyTrak, as part of its 2015 upgrade, is making a tire change, as well. "Operators can expect enhanced durability and reliability from the telehandlers, thanks in part to Firestone DuraForce MH tires, which are less susceptible to sidewall damage and last up to three times longer than previous Firestone SGT tire