April Construction Advances 3 Percent

New construction starts in April rose 3 percent to a seasonally adjusted annual rate of $533.7 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The increase maintained the upward movement established in March, which followed sluggish activity at the outset of 2014.

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Aggregates Industry Veteran Joins Rock Products

Mining Media International (MMI) is pleased to announce that Kyle Nichol has joined the staff of Rock Products and C&D World magazines as a regional sales manager. Nichol is a familiar name to many in the industry from a previous tenure with Pit & Quarry and Portable Plants & Equipment magazines, where he worked as an editor before making a successful transition to sales and marketing. Nichol has also…

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Construction Materials Prices Increase

Overall construction materials prices increased 0.4 percent in April and are up 1.5 percent year over year, according to the May 14 Producer Price Index released by the U.S. Department of Labor. Nonresidential construction material prices were up 0.5 percent for the month and are 1.4 percent higher than the same time last year.

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Survey States Case for Infrastructure Investment

Global competitiveness and economic and job growth are all severely imperiled by the United States’ collapsing transportation infrastructure, overwhelming numbers of business leaders say in a survey conducted by Building America’s Future and the U.S. Travel Association.

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Steady Growth Ahead

May 27, 2014 – Although recent economic indicators point to a tempering of the U.S. economy, The Portland Cement Association (PCA) is maintaining its forecast for steady growth in construction and cement consumption during the next five years. A recent PCA forecast indicates a 7.9 percent increase in cement consumption for 2014, almost double from the 4.5 increase in 2013.

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