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Dodge Momentum Index Grows in April

The Dodge Momentum Index rose 5.2 percent in April from the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

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Ontario Budget Delivers Infrastructure Investment

The Association of Municipalities of Ontario (AMO) welcomed the Ontario budget’s proposed investments in infrastructure, such as roads, bridges and public transit.

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NSSGA Touts National Transportation Week

The National Stone, Sand and Gravel Association salutes everyone involved in the transportation industry during National Transportation Week, May 12-18, 2013. This year’s theme, “Transportation – The World is Right Next Door,” should serve as a reminder to all that transportation is a key component in assuring the nation’s economic growth, global competitiveness and freedom of mobility cherished by all Americans.

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Granite Construction Report Positive Despite Loss

Despite higher first-quarter revenues and a growing work backlog, Granite Construction reported a loss of 57 cents per share in its most recent quarterly report. The economy and sluggish building climate continue to challenge the publicly owned company, one of the nation’s largest infrastructure contractors and construction-materials producers.

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