The top executives at Vulcan Materials Co. and Martin Marietta Materials are looking ahead to the rest of 2013, and they like what they see.
Read MoreDay: August 12, 2013
Construction Spending Cools in June
Total construction spending cooled in June as residential building hit the pause button, while private nonresidential and public construction also declined, according to an analysis of new Census Bureau data by the Associated General Contractors of America. Association officials urged lawmakers in Washington to make infrastructure investment a top federal priority for the fiscal year beginning in October.
Read MoreConstruction Employment Inches Forward
The unemployment rate for construction workers fell to the lowest July level in five years last month, even though employment has stagnated in the past four months, according to an analysis of new government data by the Associated General Contractors of America. Association officials urged Washington leaders to act on stalled infrastructure funding measures to help jump start construction hiring.
Read MoreDodge Momentum Index Steadies in July
The Dodge Momentum Index held steady in July compared to the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial.
Read MoreHighway, Bridge Projects Will Have Impact on N.Y., N.J.
Major transportation infrastructure repair projects in the wake of 2012’s Hurricane Sandy; new bridge and road improvements in preparation for the arrival of bigger cargo ships with the 2015 expansion of the Panama Canal; and the Tappan Zee Bridge replacement will have significant impacts on the New York metropolitan area.
Read MoreStudy Quantifies Global Construction Aggregates Market
According to the new report “Global Construction Aggregates Market – Key Trends and Opportunities to 2017,” the global construction aggregates market was valued at more than $99 billion in 2012, of which the Asia-Pacific region constituted a 42.5 percent share, making it the largest regional market for construction aggregates in the world.
Read MoreKeep Moving Forward
August 11, 2013 – New construction starts are forecast to rise 6 percent this year to $506 billion, according to the Midyear Update to the 2013 Construction Outlook from McGraw Hill Construction, a division of McGraw Hill Financial. This is the same rate of increase for total construction starts that was predicted last October, and follows the 8 percent gain…
Read MoreProduction Down Below
Here is a Snapshot of the Nation’s Underground Nonmetallic Minerals Mines.
Read MoreThis Week’s Market Buzz
Victory Nickel Inc. hired D. Brent Lock as vice president, marketing. Lock brings extensive marketing experience to Victory Silica. He has spent the past five years as vice president operations/marketing and general manager with Canfrac Sands Ltd., a Calgary-based frac sand producer with operations located near Lloydminster, Sask. Lock will be responsible for developing and implementing marketing strategies and managing…
Read MoreNorth American Proppant Demand to Reach $9.4 Billion in 2017
North American proppant demand has risen sharply since 2002, rising from $250 million to nearly $5 billion in 2012. While growth is expected to slow from the heady early years, stellar double-digit annual gains are still expected, with overall demand reaching more than 100 billion lb. by 2017, valued at $9.4 billion.
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