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July Construction Spending Up Double Digits Over Last Year

The U.S. Census Bureau of the Department of Commerce announced that construction spending during July 2015 was estimated at a seasonally adjusted annual rate of $1,083.4 billion, 0.7 percent (±1.5 percent) above the revised June estimate of $1,075.9 billion. The July figure is 13.7 percent (±2.0 percent) above the July 2014 estimate of $952.5 billion.

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WOTUS Takes a Hit in 13 States

A Federal District Court Judge granted a preliminary injunction that blocks the Waters of the United States regulation from taking effect on August 28. The Environmental Protection Agency quickly issued a statement that it would honor the injunction in the 13 states listed on that particular lawsuit, but “in all other [states] the rule is effective on Aug 28.”

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New Home Sales Rise in July

Sales of newly built, single-family homes rose 5.4 percent to a seasonally adjusted annual rate of 507,000 units in July, according to newly released data from HUD and the U.S. Census Bureau.

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U.S. Concrete Acquires Aggregates Operations

U.S. Concrete Inc. acquired select assets of E&A Materials Inc. and Pitts Sand & Gravel Inc., headquartered in Wichita Falls, Texas. The acquisition includes two sand and gravel operations near Vernon, Texas, and Waurika, Okla.

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