Construction Spending Rises in December; Full-Year 2015

The U.S. Census Bureau of the Department of Commerce announced that construction spending during December 2015 was estimated at a seasonally adjusted annual rate of $1,116.6 billion, 0.1 percent (±1.2 percent) above the revised November estimate of $1,116.0 billion. The December figure is 8.2 percent (±1.8 percent) above the December 2014 estimate of $1,031.6 billion.

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ContiTech Debuts ContiAlert Belt-Monitoring Process

ContiTech has introduced ContiAlert, a unique conveyor belt monitoring process that allows users to see belt wear in real time. “A red bonding layer below the top cover is exposed when it’s time to change the belt,” said Chris Marchant, product manager for conveyor belting. “In addition, the ContiAlert system is complete with a calculator that enables customers to determine…

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