Rock Products Logo
 

USGS: Production Drops in Second Quarter

An estimated 535 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the second quarter of 2011, according to USGS Crushed Stone Commodity Specialist Jason Willett.

Read more: USGS: Production Drops in Second Quarter

August Construction Climbs 8 percent

At a seasonally adjusted annual rate of $424.7 billion, new construction starts in August advanced 8 percent, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. The gain followed a 10 percent decline in July, and continued the fluctuating pattern that’s been present in recent months.

Read more: August Construction Climbs 8 percent

New Report Highlights Mounting Challenge of Aging Bridges

One in nine of the bridges and overpasses American drivers cross each day is rated in poor enough condition that they could become dangerous or be closed without near-term repair, according to a report released by Transportation for America.

Read more: New Report Highlights Mounting Challenge of Aging Bridges

Housing Starts Decline, Permits Rise in August

Nationwide housing starts declined 5.0 percent to a seasonally adjusted annual rate of 571,000 units in August, according to figures released by the U.S. Commerce Department. The decline was primarily on the more volatile multifamily side, with single-family housing production edging down just 1.4 percent. Meanwhile, permits for new construction posted modest gains in both sectors.

Read more: Housing Starts Decline, Permits Rise in August

CEOs: Congress Must Pass Robust Transportation Bill to Rebuild America

The CEOs of 20 major U.S. corporations called on Senate and House leaders to pass a robust multi-year surface transportation bill to create jobs and rebuild America. These business leaders all agree, “There is certainly no singular solution to remedy the nation’s economic challenges, and we understand the need to rein in and prioritize spending.

Read more: CEOs: Congress Must Pass Robust Transportation Bill to Rebuild America