According to the U.S. Census Bureau, construction spending during December 2022 was estimated at a seasonally adjusted annual rate of $1,809.8 billion, 0.4% (± 0.8%) below the revised November estimate of $1,817.3 billion. The December figure is 7.7% (±1.2%) above the December 2021 estimate of $1,681.0 billion.
Read MoreMonth: February 2023
The Rock Products Market Composite
Feb. 1, 2023 – The U.S. Geological Survey (USGS) – in its just-released Mineral Commodity Summaries 2023 report – estimates that 2022 total aggregates production will come in at approximately 2.46 billion metric tons per year (Gt), approximately 1% higher than 2021; with an additional 230 million metric tons (Mt) coming from the cement, gypsum, industrial sand and lime sectors. Each…
Read MoreBridgestone’s IntelliTire Provides the Tool Kit
An advanced real-time tire pressure and temperature monitoring solution for nearly any off-the-road tire from any tire manufacturer that is 49-in. or smaller, Bridgestone’s IntelliTire provides the tool kit for commercial fleets in the quarry, aggregate, and construction off-the-road applications to reduce tire costs, increase labor productivity and improve fleet safety. IntelliTire helps technicians work smarter while improving transparency for…
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