Here's a great sign for the US economy: the crane market is coming back to life. In a note to clients, Citi's Timothy Thein writes that after a recent round of checks with industry leaders, the crane market is rocking as construction picks up and projects waiting in the pipeline get the go-ahead to start. Here are the two key takeaways for the US economy from Thein's report: • More Work Available — Increasing activity levels, as previously stalled projects are going-ahead, and some modest traction on rates is giving more contractors and rental houses the confidence to pull the trigger on new crane purchases. More signs that construction jobs are increasing = positive read-thru to solely North America-focused United Rentals. • Market Strength - Increased infrastructure activity and high-rise construction are two of the major contributors cited for improving crawler demand. Very few high-capacity crawlers are used in upstream energy jobs (Manitowoc & Terex source. A reading on the crane market is a great bellwether for economic activity, as a crane is just about the most expensive piece of heavy equipment you can invest in.

Back in 2013, the return of crane activity is something that Bill McBride at Calculated Risk — who nailed the housing crash and is on the coming influx of young workers — of economic growth coming back. The second thing is that Thein's report makes clear that while the US is looking great, globally, things aren't so hot. Project X Love Potion Disaster Download 5.5. Thein writes: Global Challenges Remain — Despite some improvement in short-cycle indicators in W. Eterna Matic 3000 Serial Numbers.