Construction Industry

Over 7 million men and women are employed by the construction industry, which generates over $1 trillion annually. There are over 72,000 construction companies right here in California, the largest number in any state, and the industry has hundreds if not thousands of major equipment needs.

No business was hit harder by the Recession than construction, and it is still rebuilding after a major downturn in demand. But that demand is steadily returning. Housing prices rose 10% in 2013, a year that also saw the return of major commercial construction and increased spending on residential remodeling. In a June conference, AIA Chief Economist Kermit Baker spoke on the current Architecture Billings Index, stating that it was “as healthy as it has been in years and, since this index leads construction activity by nine to twelve months, we are expecting a further improvement in construction activity moving forward.”

As more new workers are being hired on and the demand for construction increases, you may be starting your own construction company, or looking to expand your current one. With Citi Capital Group, you can lease the best in construction equipment – from portable tools to massive earthmovers – for affordable monthly rates that can fit any budget. Equipment we have leased to construction companies in the past includes but is not limited to:

• Heavy & Light Earthmoving
• Trucking & Hauling
• Tractor
• Paver
• Compactor
• Grader
• Portable Generator
• Demolition Machine
• Utility Vehicles
• Welder
• Hammer Drill
• Trenchers
• Scissor Lift
• Aerial Lift
• Cranes
• Front End Loader
• Backhoe Loader
• Bulldozer
• Snow- Cat