The Dodge Momentum Index moved 4.1% higher in September to 143.6 (2000=100) from the revised August reading of 137.9. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreDay: October 7, 2019
Transportation for America Says More Money is Not Enough
The infrastructure-advocacy group Transportation for America announced it will no longer advocate for more money for transportation. “It’s past time to elevate the national conversation about infrastructure beyond just the price tag,” the group stated. “We spend nearly $40 billion in federal tax dollars every year, which fails to bring us equivalent returns. The more we spend, the more that…
Read MoreMSHA Issues Lockout/Tagout Alert
The Mine Safety and Health Administration (MSHA) has issued a Lockout/Tagout alert. Electricity has killed three people in the mining industry since Aug. 7, 2019.
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