Construction spending during November 2020 was estimated at a seasonally adjusted annual rate of $1,459.4 billion, 0.9% (±0.8%) above the revised October estimate of $1,446.9 billion. The November figure is 3.8% (±1.3%) above the November 2019 estimate of $1,405.5 billion.
Read MoreDay: January 7, 2021
Chao Resigns as Transportation Secretary
Transportation Secretary Elaine Chao resigned her position in protest after a violent mob overran the Capitol after being incited by President Trump, according to The Hill. Chao is the first Cabinet official, and the highest-ranking member of the administration, to resign in the wake of Trump’s incendiary rally and its violent aftermath.
Read MoreFuture Looks Good for Infrastructure
Jan. 7, 2021 – The presidential election is certified and the Georgia Senate races have been decided. End result, Democrats will control the presidency, the House and the Senate. It is almost certain that a substantial infrastructure bill is coming our way. And that is good news for the long-term health of the aggregates industry. “The National Stone, Sand &…
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