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January Construction Starts Slip 2 Percent

The value of new construction starts in January receded 2 percent to a seasonally adjusted annual rate of $725.9 billion, easing slightly after December’s 13 percent hike, according to Dodge Data & Analytics. The nonbuilding construction sector, comprised of public works and electric utilities/gas plants, pulled back 18 percent after surging 45 percent in December, as that month was boosted by the start of the $2.3 billion I-66 Corridor Improvements Project in northern Virginia and a $992 million transmission line project in California.

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New Report Targets How to Shape U.S. Infrastructure Policy

A new report, How to Shape U.S. Infrastructure Policy, by the American Council for Capital Formation Center for Policy Research (ACCF-CPR) looks at the reasons for infrastructure investment and sets the stage for steps that are crucial for successful infrastructure projects. 

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Vulcan Materials Comes Up Big in Fourth Quarter 2017

Vulcan Materials Co. announced results for the fourth quarter ended Dec. 31, 2017. Total revenues increased $105 million, or 12 percent, to $977 million. Gross profit was $243 million versus $240 million in the prior year. Aggregates segment sales increased $56 million to $770 million and freight-adjusted revenues increased $45 million, or 8 percent, to $596 million. The company also closed its previously announced acquisition of Aggregates USA in the fourth quarter.

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