Rock Products Logo
 

Multifamily Decline Pushes Overall Housing Starts Down

Led by a drop in multifamily production, total housing starts fell 5.3 percent in September to a seasonally adjusted annual rate of 1.2 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

Read more: Multifamily Decline Pushes Overall Housing Starts Down

MSHA Scofflaw Program Reclaims Unpaid Safety and Health Fines

Seven months after taking action to strengthen enforcement efforts regarding delinquent fines and mine violations, the U.S. Department of Labor’s Mine Safety and Health Administration (MSHA) announced that 49 mine operators have either taken steps to enter into payment agreements or satisfied their delinquent debts, resulting in $5.2 million in recovered fines.

Read more: MSHA Scofflaw Program Reclaims Unpaid Safety and Health Fines

Deteriorating Urban Roads Cost Motorists a Lot of Money

Driving on deteriorated urban roads costs motorists as much as $1,049 annually, according to a new report that evaluates pavement conditions in the nation’s large (500,000+ population) and mid-sized (200,000-500,000 population) urban areas and calculates the additional costs passed on to motorists as a result of driving on rough roads. 

Read more: Deteriorating Urban Roads Cost Motorists a Lot of Money

Caterpillar Unveils MD6200 Rotary Drill in Texas

During a customer and dealer event held at Caterpillar’s drills production facility in Denison, Texas, the company unveiled its smallest rotary blasthole drill, the MD6200. Rock Products Associate Editor Josephine Patterson was among the 200+ participants in attendance for the drill’s debut.

Read more: Caterpillar Unveils MD6200 Rotary Drill in Texas

September Construction Starts Settle Back 5 Percent

New construction starts in September fell 5 percent from the previous month to a seasonally adjusted annual rate of $709.6 billion, according to Dodge Data & Analytics. The September downturn followed 9 percent declines in both July and August, as the pace of construction starts has now pulled back for the third month in a row after reaching the current year’s high in June.

Read more: September Construction Starts Settle Back 5 Percent