Report: January construction starts retreat by double digits
The value of new construction starts dropped 12 percent in January to a seasonally adjusted annual rate of $469.1 billion, according to McGraw-Hill Construction. The decline follows a sharp 23 percent...
View ArticleVulcan economist offers forecast at GCAA event
Baron Worthington, manager of economic analysis at Vulcan Materials Co., shared his outlook on the various construction sectors Feb. 27 during a short session at the Georgia Construction Aggregate...
View ArticleReport: Aggregates production up slightly in 2012
The U.S. Geological Survey (USGS) has released its final 2012 statistics related to aggregates production, noting that the estimated annual output of crushed stone produced for consumption in 2012 was...
View ArticleNonresidential building segment gaining traction
Photo credit: Paul Keheler / Foter.com / CC BY The Dodge Momentum Index, the monthly measure of the first report for nonresidential building projects in planning, rose 6.3 percent in February,...
View ArticleConstruction put-in-place exceeding 2012 levels
The forecast for total construction-put-in-place for 2013 continues to show an increase of 8 percent over 2012 levels with an expected expenditure topping $900 billion, according to FMI’s first quarter...
View ArticleNon-residential building segment showing continued progress
The Dodge Momentum Index measuring the first report for nonresidential building projects in planning rose 5.9 percent in March, according to McGraw-Hill Construction. The increase lifted the index to...
View ArticleVulcan makes first-quarter results public
Vulcan Materials Co. released its 2013 first-quarter results today, noting that its aggregates gross profit was down over the prior year’s first quarter yet emphasizing that the company’s business...
View ArticleVirginia roads bill signed into law
The commonwealth of Virginia’s road construction fund was on a pace to run out in four years. But a landmark transportation-funding bill Gov. Bob McDonnell (R-Va.) ceremoniously signed Monday will...
View ArticleDodge Momentum Index at highest mark in nearly four years
The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, rose 5.2 percent in April from the previous month, according to McGraw Hill...
View ArticleNonresidential Construction Index hits record high
FMI released its second-quarter Nonresidential Construction Index (NRCI) report, giving nonresidential construction its highest score in more than four years after receiving feedback from its...
View ArticleProposed bill leans on corporations for infrastructure funds
A unique form of infrastructure funding was introduced last week when Rep. John K. Delaney (D-Md.) crafted The Partnership to Build America Act, which would create a $50 billion fund that makes bonds...
View ArticleFirst-quarter crushed-stone production down
According to the U.S. Geological Survey (USGS), an estimated 211 million metric tons (Mt) of crushed stone were produced and shipped for consumption in the United States in the first quarter of 2013 –...
View ArticleIndex shows continued promise for nonresidential building
The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, rose 3.6 percent in May from the previous month, according to McGraw Hill Construction....
View ArticleNonresidential building carries new construction starts in May
New construction starts in May advanced 5 percent from April, according to McGraw Hill Construction. Much of the upward lift came from nonresidential building, which registered moderate growth for the...
View ArticleReport highlights aggregates’ contribution to economy
The Society for Mining, Metallurgy and Exploration (SME) published a technical briefing paper pointing to the contributions of the U.S. aggregates industry to infrastructure investment. SME also called...
View ArticleIndex slips despite new institutional building plans
The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, receded in June after six consecutive monthly increases. The index slipped 1.5 percent...
View ArticleConstruction drops slightly in June
New construction starts in June receded 1 percent to a seasonally adjusted annual rate of $489.5 billion, according to McGraw Hill Construction. As a result, construction start stats produced a Dodge...
View ArticleObama weighs in on infrastructure issues
President Barack Obama touched on U.S. infrastructure during an economic speech July 24 at Knox College in Galesburg, Ill., pointing out that more than 100,000 bridges are theoretically old enough to...
View ArticleHouse committee exploring federal gas tax increase
The House Transportation and Infrastructure Committee discussed increasing the federal gas tax during a hearing about the existing shortfall between incoming and outgoing road and transit funding,...
View ArticleVulcan experiences second-quarter increases
Vulcan Materials Co.’s net sales and gross profit both increased in the second quarter of this year, the company said upon releasing its quarterly performance results to the public. Vulcan’s net sales...
View Article
More Pages to Explore .....