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Foxx Announces FHWA Grants

U.S. Transportation Secretary Anthony Foxx announced more than $4 million in grants from the Federal Highway Administration (FHWA) designed to accelerate innovation in highway project delivery. The funds are intended to help to get roads and bridges repaired and built faster and more efficiently. Additional grants will be announced in coming weeks.

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Country Star Kip Moore Debuts Construction Industry Song, Video

Kip MooreCountry music star Kip Moore debuted a new song and video today at www.CaseCE.com/OntheCase dedicated to the hard-working men and women of the construction industry. The song, “On the Case,” is a personal homage to his fan base and the people who have inspired and supported him throughout his career. The song and video are also being released in coordination with the beginning of the Labor Day weekend.

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Housing Starts Dip in July

Sales of newly built, single-family homes fell 2.4 percent to a seasonally adjusted annual rate of 412,000 units in July, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for June were revised up 16,000 to 422,000.

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Report: Cement, Ready-Mix Prices Remain Elevated

Current construction costs rose for the 31st consecutive month in August according to IHS and the Procurement Executives Group (PEG). The current IHS PEG Engineering and Construction Cost Index (ECCI) registered 53.0 percent in August, softer than the July reading, but still in positive territory.

Read more: Report: Cement, Ready-Mix Prices Remain Elevated