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Healthy Housing Industry Spurs Job Growth

The health of housing is key for the overall state of the U.S. economy and housing stands poised to serve as an engine of job growth with the right policies in place, the National Association of Home Builders (NAHB) told Congress.

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Atlas Copco Names New Crusher Distributor

Atlas Copco has announced that Swanson Industries, Morgantown, W.Va., is now carrying the Powercrusher crushing and screening line of equipment. Jeff Skovira, manager of rock and coal tools for Swanson Industries, said, “Swanson Industries, through its CWS Distribution Group, is excited by the opportunity to represent Atlas Copco’s full line of Powercrushers. Our relationship with Atlas Copco has been longstanding and beneficial, and we are pleased with the chance to expand and grow with Atlas Copco.”

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Dodge Momentum Index Rebounds in April

The Dodge Momentum Index advanced 8.4 percent in April to 123.0 (2000=100), according to McGraw Hill Construction, a division of McGraw Hill Financial. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

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Grow America Act: An Analysis

U.S. Department of Transportation Secretary Anthony Foxx unveiled the Obama administration’s Grow America Act, a $302 billion, four-year surface transportation reauthorization. The proposal would increase federal highway investment by almost $10 billion per year and public transportation investment by nearly $7.5 billion annually from FY 2015-2018.

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