This Week’s Market Buzz

Smart Sand Inc. announced that it has received notification from the Nasdaq Stock Market that the company has regained compliance for continued listing. Charles Young, Smart Sand’s chief executive officer, stated, “We are pleased to have regained compliance with the Nasdaq continued listing rules. We remain focused on providing the highest quality products and services to our customers throughout the…

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MSHA to Address Stakeholders

June 25, 2020 – Please join the Mine Safety and Health Administration for its next Quarterly Stakeholder Call on Tuesday, June 30, 2020 at 2:00 p.m. ET. Assistant Secretary David G. Zatezalo will open the call with remarks about recent developments at MSHA. The call will focus on various safety topics and include an update on the current COVID-19 pandemic. Specialists will also provide…

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Housing Shows Strength as Sales and Permits Rise

Consistent with National Association of Home Builders’ (NAHB) forecast, home building data are showing signs of leading an emerging economic rebound. While risks to the outlook remain, particularly in the form of local, rising virus spread and ongoing layoffs, the recession appears to have taken a short and sharp downturn, according to Chief Economist Robert Dietz.

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Construction Labor Costs Stabilize

Engineering and Construction costs fell in June, according to IHS Markit and the Procurement Executives Group (PEG). The current headline IHS Markit PEG Engineering and Construction Cost Index registered 49.0 in June, falling just short of the neutral mark 50; a neutral index reading indicates responders see no change in pricing. The materials and equipment portion of the index came in at 47.2, still indicating falling…

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IROCK Crushers Adds Continental Equipment as Exclusive Dealer

IROCK Crushers has announced that Continental Equipment Co. will be its exclusive dealer to market, sell and service the company’s full line of mobile and portable crushing plants, screening plants and conveying equipment in Missouri, Illinois, Kansas and Arkansas. Missouri-based Continental Equipment has been serving the mineral processing industry for more than 30 years.  “We are very excited to partner with…

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Improved Economic Metrics

June 23, 2020 – According to Ken Simonson, the Associated General Contractors of America’s chief economist, the Census Bureau released the results of its seventh Small Business Pulse Survey, with responses from June 7 to 13, that “is intended to provide crucial weekly data on the impact of the COVID-19 crisis on the nation’s businesses.” Again, there was modest improvement in several metrics…

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