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New Construction Falls in April; Highways Rise

The value of new construction starts in April fell 8 percent from the previous month to a seasonally adjusted annual rate of $608.3 billion, according to Dodge Data & Analytics. Nonresidential building pulled back following its sharp March increase, and residential building also declined due to a slower pace for multifamily housing. Meanwhile, the nonbuilding construction sector showed improvement, with public works strengthening after its lackluster March performance.

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Aggregate Industries US Maryland Operations Honored

Aggregate Industries US (AIUS) operations in Maryland received recognition for its safety accomplishments at this year’s Maryland Transportation Builders and Materials Association (MTBMA) Safety Awards Banquet in Glen Burnie, Md. These awards are annually given to employees who, while working for Mine Safety and Health Administration (MSHA) locations, promoted safety on their job sites and maintained zero accidents under their supervision throughout the previous year.

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Housing Starts; Permits Rise in April

Nationwide housing starts rose 6.6 percent to a seasonally adjusted annual rate of 1.17 million in April, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance was also up 3.6 percent to a seasonally adjusted annual rate of 1.12 million.

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