First Look – December 2015

TOP NEWS Transportation Bill Imminent At press time, a House transportation-funding measure was being reconciled with the Senate version of the bill via a conference committee consisting of House and Senate members and chaired by House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.). Vulcan Has Positive Third Quarter Vulcan Materials Co. announced results for the third quarter ending Sept.…

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Single-Family Housing Starts Reach Seven-Year High

Nationwide housing starts rose 10.5 percent to a seasonally adjusted annual rate of 1.173 million units in November, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family production increased 7.6 percent to a seasonally adjusted annual rate of 768,000 units, its highest reading since January 2008. Multifamily production rose 16.4…

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