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Cemex Celebrates 25-Year Commitment to Conservation

Cemex, S.A.B. de C.V. celebrated its 25-year commitment to the protection and preservation of our planet’s biodiversity, according to the company. More than two decades of continuous efforts, initiatives and achievements have led to the development and diffusion of a culture of appreciation and respect for nature among Cemex, its stakeholders, and by extension, the global community.

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ARTBA: Transportation Infrastructure Market to Rebound in 2018

The U.S. transportation infrastructure market is anticipated to rebound slightly next year, following a 2.8 percent drop in 2017, according to the American Road & Transportation Builders Association’s (ARTBA) 2018 Transportation Construction Market Forecast.

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Construction Activity Contributes More to GDP

According to an Associated Builders and Contractors (ABC) report, the private construction industry’s value added as a percentage of the nation’s real gross domestic product (GDP) rose to 4 percent in 2016, the highest level since 2009. The report also shows annual growth in real construction spending, which rose 3.5 percent in 2016.

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TRIP: Many Bridges in Maine Are Structurally Deficient

Fourteen percent of bridges statewide and nine percent of bridges in southern Maine are structurally deficient according to a new report released by TRIP, a Washington, D.C.-based national transportation organization. A bridge is structurally deficient if there is significant deterioration of the bridge deck, supports or other major components. 

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New Home Sales Rate Reaches 10-Year High in October

Sales of newly built, single-family homes in October rose 6.2 percent to a seasonally adjusted annual rate of 685,000 units from a downwardly revised September reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest sales pace since October 2007. Year-to-date, new home sales are 8.9 percent above their level over the same period last year.

Read more: New Home Sales Rate Reaches 10-Year High in October