The Dodge Momentum Index retreated 4.6% in July to 138.9 (2000=100), down from the revised June reading of 145.6. The Momentum Index, issued by Dodge Data & Analytics, 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: August 2019
Teachers Rock IAAP Workshop
Aug. 6, 2019 – Education is of critical importance. So teachers from across the state gathered for the Illinois Teachers Workshop: Rocks, Minerals & Mining in Today’s Society, presented by the Illinois Association of Aggregate Producers (IAAP) at Northern Illinois University in DeKalb, Ill. Everyone present refreshed their knowledge of earth science and learned so much more about the importance of…
Read MoreMSHA Reports 11th Fatality
The Mine Safety and Health Administration (MSHA) reported that on Wednesday, July 17, a 32-year-old general manager/owner was killed when he was struck by a hydraulic breaker.
Read MoreNew Home Sales Rebound in June; Affordability Concerns Persist
Sales of newly built, single-family homes increased 7% to a seasonally adjusted annual rate of 646,000 units in June from a downwardly revised reading in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, new home sales for 2019 are 2.2% higher than the same period…
Read MoreU.S. DOT Announces $856 Million in INFRA Grants
The U.S. Department of Transportation announced $855,950,000 in proposed grants through the Infrastructure for Rebuilding America (INFRA) discretionary grant program.
Read MoreMcLanahan’s MAX Screens Extend Wear Life
In today’s markets, producers are searching for solutions to satisfy a broad scope of issues, issues they confront on a daily basis. McLanahan MAX Screens continue to resolve and overcome many of the issues commonly associated with inclined and horizontal screens. McLanahan’s horizontal triple shaft screens, known as the H-Series MAX Screen line, offer unique features that extend wear life,…
Read MoreSummit Materials Sees Spike in Aggregates Revenues
Summit Materials Inc. announced that for the three months ended June 29, net income attributable to Summit Inc. was $36.4 million, or $0.32 per basic share, compared to net income attributable to Summit Inc. of $35.5 million, or $0.32 per basic share in the comparable prior-year period.
Read MoreHighways on the Hot Seat
August 1, 2019 – According to the latest construction spending report from the U.S. Census Bureau, highway construction in June was at a seasonally adjusted annual rate of $101.9 billion, 6.4% (±5.4%) below the revised May estimate of $108.9 billion. But spending in the first half of 2019 was up sharply for most public infrastructure, with year-to-date increases of 14.5% for highway and street construction spending, 7.1% for transportation…
Read MoreJune Construction Spending Down; Highways Dip
The U.S. Census Bureau reported that construction spending during June 2019 was estimated at a seasonally adjusted annual rate of $1,287.0 billion, 1.3% (±1.2%) below the revised May estimate of $1,303.4 billion.
Read MoreKespry, DroneBase Announce Partnership
Kespry and DroneBase announced a partnership to enable insurance, mining, and aggregates enterprises across North America to expand aerial analytics implementation across their worksites.
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