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Forecast: Construction Starts to Increase in 2017

Dodge Data & Analytics released its 2017 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2017 will advance 5 percent to $713 billion, following gains of 11 percent in 2015 and an estimated 1 percent in 2016.

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Construction Starts Ease Back 2 Percent in September

The value of new construction starts in September decreased a slight 2 percent to a seasonally adjusted annual rate of $703.7 billion, according to Dodge Data & Analytics. This follows the 22 percent jump for total construction starts in August, which witnessed the highest monthly pace for construction starts so far in 2016.

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Cat's Oberhelman to Retire; Umpleby Will Take Over

After more than 41 years with Caterpillar Inc., Chairman and CEO Doug Oberhelman has elected to retire, effective March 31, 2017. 

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Polaris Reports Healthy Third-Quarter Aggregates Sales

Polaris Materials announced that sales volumes in the third quarter of 2016 were 810,000 tons, an increase of 11 percent over third quarter 2015. Year-to-date sales volumes were 2.27 million tons, an increase of 7 percent over the same period in 2015, according to the company.

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Manufacturers Challenge Next President: Close $1 Trillion Infrastructure Gap

The National Association of Manufacturers (NAM), the largest manufacturing association in the United States, released “Building to Win,” an ambitious, new initiative to revitalize the nation’s failing infrastructure. In a vote by the 121-year-old association, the initiative was unanimously adopted by the NAM board of directors.

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