Construction Spending Rises in October

Construction spending during October 2024 was estimated at a seasonally adjusted annual rate of $2,174.0 billion, 0.4% (±1.2%) above the revised September estimate of $2,164.7 billion. The October figure is 5.0% (±1.5%) above the October 2023 estimate of $2,071.1 billion.  During the first 10 months of this year, construction spending amounted to $1,814.8 billion, 7.2% (±1.2%) above the $1,693.2 billion…

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Permitting Update: Minnesota

A sand and gravel mining operation near Cottage Grove that hopes to continue digging along the Mississippi River is seeking approval to move each of its two quarries onto adjacent lands, according to the Minnesota Star Tribune. The moves by Holcim-MWR Inc., formerly Aggregate Industries, would allow it to continue digging up limestone for another 20 to 25 years in an…

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