According to The Hill, President Biden cut off prolonged infrastructure negotiations with a GOP group led by Sen. Shelley Moore Capito (R-W.Va.) and will instead move forward on discussions with a bipartisan group of senators. The White House announced Biden’s move after the president and Capito spoke. The two remained far apart on a deal during that discussion despite weeks of…
Read MoreDay: June 8, 2021
Ed Sullivan Speaks
June 8, 2021 – Today at World of Concrete, Portland Cement Association Chief Economist Ed Sullivan gave the industry three scenarios for cement consumption based on 1) the chances of no infrastructure bill; 2) the American jobs plan at face value; and 3) the American Jobs Plan with a compromise. He then presented a weighted average. The weighted average is 2021:…
Read MoreEdw. C Levy Using Drones for Topographic Analysis
Edw. C Levy is now using the Kespry Aerial Intelligence platform for topographic analysis and inventory management. Levy is a construction, aggregates and facilities company that provides asphalt, aggregates, concrete, agricultural products, and other materials to its customers in North America, Central and South America, western Europe, Asia and Australia. “One of my chief responsibilities is looking over the land…
Read MoreMark Sand & Gravel To Pay $1.75 Million
Mark Sand & Gravel Co., Fergus Falls, Minn., has agreed to pay $1.75 million in damages for allegedly violating the federal False Claims Act and the Minnesota False Claims Act, by using unauthorized gravel materials in connection with several federally-funded road construction projects administered by the Minnesota Department of Transportation.
Read MoreDodge Momentum Index Jumps in May
The Dodge Momentum Index moved 9.1% higher in May to 178.0 (2000=100), up from the revised April reading of 163.2. 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.
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