April Construction Starts Retreat 13 Percent

The value of new construction starts in April dropped 13 percent from the previous month to a seasonally adjusted annual rate of $647.8 billion, according to Dodge Data & Analytics. The decline followed three straight months of gains, which saw total construction activity rising 20 percent from the lackluster amount reported back in December. Highway and bridge construction in April fell 10 percent.

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Luck Stone Acquires Land for Distribution Facility

CBRE|Hampton Roads announced the sale of adjoining properties in Chesapeake, Va., to Luck Stone Corp. and Allan Myers Corp. The seller, Higgerson-Buchanan, recently closed its business at 5300 Bainbridge Blvd. after 60 years of operation.

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Cemex USA Recognized by Texas Parks & Wildlife

Cemex USA was recognized by the Texas Parks and Wildlife Department for its ongoing commitment to sustainability and land stewardship with the prestigious 2017 Lone Star Land Steward Award for the Trans Pecos Ecoregion.

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New Home Sales Slip in April After Strong Start to Year

Sales of newly built, single-family homes in April dropped for the first time in 2017, falling 11.4 percent to a seasonally adjusted annual rate of 569,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for the first three months of the year were all upwardly revised, and the March sales pace was the highest since October 2007.

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Eagle Materials' Concrete and Aggregates, Cement Revenues Spike

Eagle Materials Inc reported financial results for fiscal year 2017 and the fiscal fourth quarter ended March 31, 2017. Notable items for the fiscal year and quarter include:

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