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TRIP Releases Missouri Report

A new report finds that additional transportation funding has allowed Missouri to accelerate bridge repair and replacement, pavement improvements, and safety upgrades. However, deficiencies remain on Missouri’s surface transportation system and recent gains could be lost without continued support for transportation maintenance, improvement and expansion.

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MDU Resources Reports Improved First Quarter

MDU Resources Group Inc. reported first quarter consolidated earnings of $42.8 million, or 23 cents per common share, compared to $41.6 million, or 22 cents per common share for the first quarter of 2010.

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Martin Marietta Materials Touts Stability With First Quarter Results

Martin Marietta Materials reported its net sales increased to $306.2 million compared with $295.6 million a year ago. Loss per diluted share was $0.39 compared with loss per diluted share of $0.54 a year ago. The company noted that increased diesel costs negatively affected earnings by $0.05 per diluted share. Heritage aggregates product line pricing was up 0.4 percent, although volume was down 1.2 percent.

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U.S. Demand For Green Building Materials to Exceed $71 Billion in 2015

Demand for green building materials is projected to expand 13 percent annually to $71.1 billion in 2015, slightly outpacing the growth of building construction expenditures over that period as green materials continue to account for an increasing share of materials used.

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February Construction Spending Lower Than January

The U.S. Census Bureau of the Department of Commerce reports that construction spending during February was estimated at a seasonally adjusted annual rate of $760.6 billion, 1.4 percent (±1.4 percent) below the revised January estimate of $771.0 billion. The February figure is 6.8 percent (±1.6 percent) below the February 2010 estimate of $815.8 billion.

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