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Trends of interest in the ConstructionHire and Rental Industry

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• construction hire
• Construction rental
• equipment rental
• market opportunities
• scaffolding hire
• temporary fencing hire

Recently there has been some press regarding some broader trends in the Construction industry. Two of particular interest caught our attention.

USA Manufacturers Looking to Bring Manufacturing Back from China?
A report published in the Industry News Weekly cites research by Archstone Consulting that over 90% of USA manufacturing companies surveyed are considering bringing back manufacturing from China. The full report, found by clicking either Industry News Weekly or Archstone above is worth reading.

The study revealed that in the last three years, manufacturers have seen a significant increase in costs related to off-shoring manufacturing for export purposes rather than in country demand, which include:

Ocean freight costs have increased 135%,

Chinese manufacturing wages have risen by 44%.

Assuming this trend also applies to Australian, Canadian, New Zealand and United Kingdom manufacturing companies, then it would be reasonable to assume that all countries could benefit from a slight rise in construction activity. Construction activity would be driven by the need to build new factories, adjust or modify existing ones. This is turn will aid the construction hire and rental sectors.

Change in Construction Union Industry Sector Co-operation
Another article recently caught our attention, and it relates in part to the previous section. The USA Iron workers have created a new model called IMPACT. Amongst the many aspects of the model, is the apparent fundamental shift in attitude, that Unions and their members should be the best pushing the bar for increased ironworker performance, productivity, quality and safety.

This change is important not just in the context of the prospects of increased construction activity due to manufacturing returning but also the construction work pipeline arising from the construction sector stimuli packages in Australia, Canada, New Zealand, UK and USA. A more co-operative construction sector benefits everyone, companies, contractors and unions alike.

Any lift in the construction sector will benefit the construction hire and construction rental industry – our clients. News such as both of those cited above are welcomed and are hopefully indicators of a brighter future for all. HireEzy the construction rental and construction hire software of choice.