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LeaseQ Comments On How The Increase In Home Construction Permits Will Impact The Construction Equipment Industry
Date:8/6/2014

Boston, MA (PRWEB) August 06, 2014

As the housing market continues to show signs of improvement, construction contractors and equipment suppliers remain optimistic that construction activity will continue to improve in the coming months. As a well-known provider of construction equipment leasing and financing in the United States, LeaseQ is likewise convinced that the increase in home construction permits is good news not only for the construction industry but for the construction equipment leasing industry as a whole.

To learn more about leasing construction equipment, visit:
https://www.leaseq.com/construction-equipment-leasing

Although new construction starts continue to increase this year for both residential and non residential construction, the overall enthusiasm could be tempered by uncertain economic conditions. Regardless, based on trend data, many more contractors are willing to increase their acquisition of both used and new equipment.

LeaseQ Founder and CEO Vernon Tirey reports that the number of contractors this year who are willing to acquire equipment online has significantly increased as well. “We have continued to see a strong growth in all sectors of our construction equipment leasing business. It may be a rising tide, but it also may be due to the leasing platform here at LeaseQ.”

In the past few months, housing has become one of the strongest foundational supports for the current economic recovery despite the fact that mortgage rates have slowly been on the rise. This is good news for the equipment industry as well as construction equipment suppliers as rising new construction means r
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