At a seasonally adjusted annual rate of $563.3 billion, new construction starts in November fell 5 percent from the previous month, according to Dodge Data & Analytics. The decline represented a partial pullback after the 13 percent increase reported for total construction in October, as nonresidential building lost some momentum following its improved October pace.
Read MoreDay: December 21, 2015
Nonmetallic Mineral Products Index Soars Higher
The nonmetallic mineral products industry leading index increased 2.2 percent to 252.7 in November from a revised 247.3 in October, and its six-month smoothed growth rate increased to 7.9 percent from a downwardly revised 4.1 percent in October.
Read MoreMetso Expands Product Portfolio with Rock Breakers
Metso expanded its product portfolio with the addition of a new rock breaker series designed for primary stationary crushing plants. The proven hammer-boom combination, already well-known in Metso’s mobile crushing solutions, is now available for stationary aggregates production and mining applications. “Today, safety at work is undeniably the number one issue within the construction and mining industries. The remotely controlled…
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