The Dodge Momentum Index moved 5.8 percent higher in September to 133.5 (2000=100) from its August reading of 126.2, according to Dodge Data & Analytics. 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.
Read MoreMonth: October 2015
MSHA: October is ‘Deadliest Month’ for Miners
Historically, October is the deadliest month of the year in the metal and nonmetal mining industry. Since 2000, 51 fatalities occurred during the month, many of which involved powered haulage and machinery accidents at a time when mines prepare for seasonal changes. In the fall of 2013, an uptick of metal and nonmetal mining deaths began after years of historic…
Read MoreTerex Cedarapids ‘V’ Horizontal Screens
Terex Minerals Processing Systems (MPS) recently added 5- x 16-ft. and 6- x 16-ft. two- and three-deck screens to its revolutionary line of “V” Series horizontal screens. Customers can enhance their operation by replacing their existing triple shaft screens with the “V” Series screens, according to the company. The new Terex Cedarapids “V” Series horizontal screens increase production and handle…
Read MoreSchultz Joins Superior Industries as Crushing Product Manager
Superior Industries Inc. named Mike Schultz its product manager for the company’s new crushing equipment product solutions. Schultz comes to Superior with two decades of past experience in the construction aggregates and metal mining industries. Most recently, Schultz was employed at Terex Mineral Processing Systems as a market area director. In this role he was responsible for sales, service, marketing, dealers…
Read MoreArmy Corps Leader Defends WOTUS Despite Criticism
The head of the Army Corps of Engineers defended the Environmental Protection Agency’s (EPA’s) controversial Waters of the U.S. (WOTUS) rule before Congress on Sept. 30, according to the National Stone, Sand and Gravel Association (NSSGA).
Read MoreAugust Construction Starts Inch Up; Year-to-Date Strong
The U.S. Census Bureau of the Department of Commerce announced that construction spending during August 2015 was estimated at a seasonally adjusted annual rate of $1,086.2 billion, 0.7 percent (±1.5 ) above the revised July estimate of $1,079.1 billion. The August figure is 13.7 percent (±2.1 ) above the August 2014 estimate of $955.0 billion.
Read MoreOff-Highway Diesel Fuel
The national estimated average price-per-gallon for off-highway diesel fuel as of Oct. 1 is $2.200. That is lower than the previous comparison price-per-gallon of $2.275.
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