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Aggregates Production

Aggregates producers are moving full-steam ahead, with or without a new federal infrastructure bill. An estimated 658 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the second quarter of 2018, an increase of 7 percent compared with that of the second quarter of 2017, according to Jason Willett, crushed stone commodity specialist. 

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Construction Outlook

Dodge Data & Analytics released its 2019 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2019 will be $808 billion, staying essentially even with the $807 billion estimated for 2018.

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Transportation Construction Forecast

The U.S. transportation infrastructure market is expected to grow 4.2 percent in 2019, according to the annual economic forecast released Dec. 5, 2018, by the American Road & Transportation Builders Association (ARTBA).

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Residential Housing

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the new residential construction statistics for October 2018:

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New Construction Starts

At a seasonally adjusted annual rate of $789.3 billion, new construction starts in November decreased 7 percent from October’s elevated amount, according to Dodge Data & Analytics. Most of the total construction decline in the latest month was the result of nonresidential building pulling back 15 percent after its 43 percent surge in October.

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