Equipment Guide
CONTENTS
Contractor Optimism and Strong Commercial, Retail, Institutional and Industrial Sectors Should Maintain Construction Economy Through 2019
FEATURES 6 ENHANCED LISTINGS 24 2018 EQUIPMENT
DISTRIBUTOR DIRECTORY
26 2018 EQUIPMENT
MANUFACTURER DIRECTORY
30 PRODUCT MEDIA CENTER 38 2018 EQUIPMENT
PRODUCT DIRECTORY
46 ADVERTISER'S INDEX
According to reports, multi-family housing starts remain at a fraction of what is needed to keep up with demand in California. Construction to this end is strong, but it is having trouble keeping up, due to labor shortages, rising material costs, and housing prices that are keeping many, both young and old, out of the housing market. Other economic indicators like new car sales are expected to decline slightly in 2018. Forecasts for car sales in 2018 are coming in at figures that show a decline in the area of 1.5%. It should be noted that 2017 was a very strong year for new car sales with 17.1 million units being sold nationwide, ranking in the top 5 all-time results. The National Automobile Dealers Association (NADA) released its 2018 U.S. sales forecast in December 2017, predicting the sale of 16.7 million new cars and light trucks in 2018. Demand is still heavy, but edging downward and this may be the case for many things including construction here in California over the next five years. The commercial office and retail sectors are leading the way in 2018, with educational and healthcare facilities coming back to respectful levels. Construction spending in the non-residential sector is expected to increase 4% and continue at or around that pace through 2019. The American Institute of Architects (AIA) semi-annual Consensus Construction Forecast projects that the commercial construction sector will be responsible for much of the gains in 2018, while the industrial and institutional sectors take the lead in 2019. Indicators like this and other boosts like the passing of Senate Bill 1 (SB1) will keep contractors busy into the next several years. This is all good news, but may only be short term, as interest rates remain relatively low but are inching upward with indicators like auto loans showing the highest rates since 2013. California general engineering contractors appear to be optimistic about their businesses in 2018, guarded by concerns for the availability of skilled operators and laborers. Both 2017 and 2018 have brought tragic events like fires and flooding, which have also contributed to growing opportunities for civil engineering contractors. So, overall 2018 and 2019 are looking pretty good and equipment buying will more than likely remain at high levels due to current optimism. Thank you for taking the time to review CalContractor’s 2018 Equipment Guide.
Sincerely, Kerry A. Hoover, Publisher CalContractor Magazine
CalContractor Magazine / www.calcontractor.com PUBLISHER: Kerry Hoover khoover@calcontractor.com
EDITOR: Brian Hoover
GRAPHIC DESIGNER: Aldo Myftari Yesenia Ramirez
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