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Housing Starts Gain 3.5 Percent

Nationwide housing starts rose 3.5 percent to a seasonally adjusted annual pace of 560,000 units in May, according to newly released figures from the U.S. Commerce Department. The gain partially offsets a larger decline that was registered in April. 

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Illinois Road Builders Call on Governor Quinn to Avert Crisis

The Illinois Road and Transportation Builders Association (IRTBA) called Governor Quinn's announcement to halt road construction projects a "grievous mistake," that will have dangerous repercussions for countless families and businesses throughout the state.

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Cemex to Cut Workforce

Mexico's Cemex, the second-largest producer of sand and gravel; and the fifth-largest producer of crushed stone in the United States, plans to cut 6 percent of its workforce worldwide as part of a wider reorganization.

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NSSGA Launches 100-Day Action Plan for Reauthorization

The National Stone, Sand and Gravel Association (NSSGA) has launched a "100-Day Action Plan for Reauthorization" to keep the pressure on legislators to “act responsibly for America and pass a surface-transportation reauthorization bill by Sept. 30.” Although legislation to reauthorize the nation’s surface transportation law is not expected to be introduced until later in June and NSSGA does not yet know the specifics of the legislation, there are several action items it said the aggregates industry can undertake in the meantime.

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Construction Spending Inches Up in April

Construction spending inched up for the second straight month in April, 0.4 percent – following downward revisions to the March spending figures – thanks to increases in private nonresidential and home-improvement spending, the Associated General Contractors of America reported last week in an analysis of new Census Bureau data. Association officials noted, however, that the gains were tempered by sluggish homebuilding and declining levels of public investment in construction.

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