Housing Starts Weaken in July 

A sharp decline in single-family home construction is another indicator that the housing slowdown is showing no signs of abating, as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act as a drag on the market. Overall housing starts fell 9.6% to a seasonally adjusted annual rate of 1.45 million units in July, according to a…

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Legislative and Federal Update

An Update Of Recent Legislation And Initiatives Coming Out Of Washington, D.C. Senate Passes Water Resources Development ActThe U.S. Senate passed the 2022 Water Resources Development Act – a bill to provide for improvements to the rivers and harbors of the United States, to provide for the conservation and development of water and related resources, and for other purposes –…

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MSHA Update

A Number Of Aggregates Operations Have Suffered Fatalities So Far This Year. Here Is A Selection Of Incidents. The Mine Safety and Health Administration (MSHA) reported that on Jan. 7, a 49-year-old front-end loader operator with 15 years of mining experience died at Arcosa’s Fayette County, Pa., operation when a large rock fell from the mine roof, crushing the cab…

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Publicly Traded Companies

The Industry’s Publicly Traded Companies Provide An Industry Barometer When They Release Their Quarterly Reports. Vulcan MaterialsVulcan Materials Co. announced results for the quarter ended June 30. Total revenues increased sharply from the prior year driven by double-digit growth in the company’s legacy business as well as the addition of U.S. Concrete operations. Total revenues were $1.954 billion, up from…

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