The U.S. Census Bureau of the Department of Commerce announced that construction spending during July 2015 was estimated at a seasonally adjusted annual rate of $1,083.4 billion, 0.7 percent (±1.5 percent) above the revised June estimate of $1,075.9 billion. The July figure is 13.7 percent (±2.0 percent) above the July 2014 estimate of $952.5 billion.
Read MoreAuthor: Rock Products News
Caterpillar Offers Fatigue-Monitoring Service
Caterpillar announces the launch of a 24/7 equipment operator monitoring service to provide customers the power to see, mitigate and manage the primary variable impacting their operations – the human factor. Through industry-leading in-cab and wearable safety technologies, Caterpillar now can provide customers with visibility to both machine and operator information. Inside Caterpillar’s 24/7 Monitoring Center, analysts correlate data about…
Read MoreWOTUS Takes a Hit in 13 States
A Federal District Court Judge granted a preliminary injunction that blocks the Waters of the United States regulation from taking effect on August 28. The Environmental Protection Agency quickly issued a statement that it would honor the injunction in the 13 states listed on that particular lawsuit, but “in all other [states] the rule is effective on Aug 28.”
Read MoreU.S. Concrete Acquires Aggregates Operations
U.S. Concrete Inc. acquired select assets of E&A Materials Inc. and Pitts Sand & Gravel Inc., headquartered in Wichita Falls, Texas. The acquisition includes two sand and gravel operations near Vernon, Texas, and Waurika, Okla.
Read MoreNew Home Sales Rise in July
Sales of newly built, single-family homes rose 5.4 percent to a seasonally adjusted annual rate of 507,000 units in July, according to newly released data from HUD and the U.S. Census Bureau.
Read MoreTraffic Congestion Costs Americans Billions of Dollars
A new report produced by INRIX and the Texas A&M Transportation Institute (TTI) shows that traffic congestion has returned to pre-recession levels.
Read MoreFairmount Santrol Delivers Paper on Self-Suspending Proppant
Fairmount Santrol presented a technical paper July 22, confirming self-suspending proppant increases oil and gas production by not harming the formation. The company presented the paper at the Unconventional Resources Technology Conference (URTeC).
Read MoreUSGS Releases Nonmetallic Minerals Products Index
The nonmetallic mineral products industry leading index decreased 2.4 percent to 240.5 in July from a revised 246.3 in June, and its 6-month smoothed growth rate fell to -0.7 percent from 4.3 percent in June. The 6-month smoothed growth rate is a compound annual rate that measures the near-term trend.
Read MoreMunicipal Wastewater Being Used for Fracking
Top shale oil producer Pioneer Natural Resources Co. has found an unusual way to both save water and cut costs for its wells: tapping the treated runoff from toilets, sinks and showers in west Texas.
Read MoreVictory Nickel Suspended Production in Q1
Victory Nickel Inc. reported financial results for the three- and six-month periods ended June 30, 2015. Effective Oct. 1, 2014, the company changed its functional currency and presentation currency to the United States dollar from the Canadian dollar.
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