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Construction Spending Up 2.4 Percent Year-Over-Year

The U.S. Census Bureau of the Department of Commerce announced that construction spending during November 2014 was estimated at a seasonally adjusted annual rate of $975.0 billion, 0.3 percent (±1.5 percent) below the revised October estimate of $977.7 billion. The November figure is 2.4 percent (±1.6 percent) above the November 2013 estimate of $952.5 billion.

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Eagle Materials Appoints Haack COO

Eagle Materials Inc. appointed Michael Haack to the position of chief operating officer (COO), reporting to Steve Rowley, president and CEO. The COO position is a newly created one in response to the company's significant growth and continued strategic expansion in construction and energy-related markets.

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