Construction Spending Dips in January; Up Year Over Year

Construction spending during January 2024 was estimated at a seasonally adjusted annual rate of $2,102.4 billion, 0.2% (±0.8%) below the revised December estimate of $2,105.8 billion, according to the U.S. Census Bureau. The January figure is 11.7% (±1.5%) above the January 2023 estimate of $1,882.2 billion. In January, the estimated seasonally adjusted annual rate of public construction spending was $479.0…

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New Home Sales Up at the Start of 2024

Stable mortgage rates at the beginning of 2024 helped new home sales to increase in January. Sales of newly built, single-family homes in January increased 1.5% to a 661,000 seasonally adjusted annual rate from a downwardly revised reading in December, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The…

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Construction Starts Up Slightly in January

Total construction starts grew 1% in January to a seasonally adjusted annual rate of $1.16 trillion, according to Dodge Construction Network. Nonbuilding starts rose 9% during the month, while nonresidential building starts fell 2% and residential starts were flat. Highway and bridge starts improved 9%. For the 12 months ending January 2024, total construction starts were down 1% from the…

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Process Machinery Inc. Celebrates Anniversary

Process Machinery Inc. (PMI) is celebrating a legacy of 45 years of excellence in the aggregate industry. PMI has expanded throughout their 45 years to be a full-service provider offering complete plant design and construction, installation, parts, service and rebuilds. PMI provides innovative solutions with technical application and professional engineering expertise. PMI was founded in 1979 by David H. Miles…

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Permitting from South Carolina

According to the Times and Democrat, the nation’s largest producer of construction aggregates has applied for permits to establish a limestone quarry and processing plant on Addidas Road, less than four miles southeast of the town of Eutawville, S.C. A subsidiary, Vulcan Construction Materials LLC, proposes to lease multiple tracts totaling 693 acres from a sister subsidiary called Vulcan Lands…

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Haver & Boecker Niagara Expands Pulse Condition Monitoring Portfolio

Haver & Boecker Niagara launched a new addition to its Pulse portfolio with the introduction of Pulse Condition Monitoring (Pulse CM). The technology is designed to monitor the health of vibrating screens using modern algorithms and artificial intelligence. It provides accurate measurements and forecasts complemented by information that is easy to understand. Pulse CM is a wireless diagnostics tool that…

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