The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 8.6% in March to 164.0 (2000=100) from the revised February reading of 179.5. Over the month, commercial planning fell 3.2% and institutional planning dropped 17.2%.
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Mississippi Lime Launches New Global Brand Platform
Mississippi Lime Co. has launched a new global brand platform and will begin operating under the name MLC. The transformation of the company’s identity reflects MLC’s progress as an international lime solutions partner with an unwavering commitment to safety, sustainability and service. “MLC has been a trusted partner in lime for over a century. Our customers rely on us…
Read MoreMental Health Resources
April 12, 2024 – There is a clear need for mental health resources in the construction and aggregates industries – and at all levels. Mental health is connected to physical health and should be approached the same way we tackle physical safety concerns. Fortunately, there are people in the industry who are passionate about helping others. There are several programs that…
Read MoreMark Helm Receives NSSGA’s Barry K. Wendt Award
The 2024 Barry K. Wendt Memorial Commitment Award was presented to Mark Helm of Dolese Bros. Co. during the National Stone, Sand & Gravel Association (NSSGA) Annual Board and Membership Meeting. “Mark is well-known for encouraging the long-term health of the aggregates industry through his commitment to the community,” said NSSGA President & CEO Michael Johnson. “His charitable work with…
Read MoreHitachi Construction Machinery Americas Opens New Regional Headquarters
In a strategic move to bolster support for dealers and customers, Hitachi Construction Machinery Americas opened a sustainable, state-of-the-art headquarters facility. This adaptive-use facility will help propel the company’s growth in the Americas. It will facilitate the development and production of new machinery and elevate customer support.
Read MoreHousing Starts Decline in January on Multifamily Weakness
A sharp decline in multifamily starts pushed overall housing starts down in January even as single-family production showed signs of a gradual improvement later this year as interest rates continue to moderate.
Read MoreConstruction Spending Rises for Month, Full-Year 2023
Construction spending during December 2023 was estimated at a seasonally adjusted annual rate of $2,096.0 billion, 0.9% (± 0.8%) above the revised November estimate of $2,078.3 billion. The December figure is 13.9% (±1.5%) above the December 2022 estimate of $1,840.9 billion.
Read MoreDodge Momentum Index Rises in December
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, rose 3% in December to 186.6 (2000=100) from the revised November reading of 181.5. Over the month, commercial planning grew 1.0% and institutional planning improved 6.1%.
Read MoreConstruction Starts Rocket in December
Total construction starts grew 20% in December to a seasonally adjusted annual rate of $1.12 trillion, according to Dodge Construction Network. Nonresidential building starts rose 37% during the month, while residential starts gained 8% and nonbuilding starts improved by 13%.
Read MoreHD Hyundai Vice Chairman Kisun Chung Shares Xite Innovation Vision at CES 2024
HD Hyundai’s Xite innovation, created with cutting-edge technologies such as artificial intelligence (AI), digital technologies and robotics, will go beyond improving construction sites and equipment to fundamentally transform the way humanity builds the future, the company stated.
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