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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...

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Vulcan 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...

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Report: 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...

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Nonresidential 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,...

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Construction 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...

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Non-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...

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Vulcan 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...

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Virginia 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...

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Dodge 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...

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Nonresidential 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...

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Proposed 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...

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First-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 –...

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Index 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....

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Nonresidential 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...

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Report 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...

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Index 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...

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Construction 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...

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Obama 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...

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House 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,...

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Vulcan 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...

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