AGC of California’s Survey Unveils Industry Outlook for 2024

The Associated General Contractors of California (AGC of California) recently conducted a membership survey revealing feelings of optimism among contractors toward the future of the construction industry. A positive outlook is apparent as respondents anticipate favorable financial performance and recruitment opportunities for their companies in 2024. “The collective optimism of our members is the cornerstone driving the construction industry’s growth.…

Read More

Dodge Momentum Index Remains Flat in January

The Dodge Momentum Index (DMI), issued by Dodge Construction Network (DCN), rose 0.1% in January to 184.1 (2000=100) from the revised December reading of 183.9. Over the month, commercial planning fell 1.0% and institutional planning improved 2.1%. “Divergent trends between commercial and institutional planning continued in January, nullifying any growth on the overall Momentum Index,” stated Sarah Martin, associate director…

Read More

Railroad Aggregates Volumes Down in January

The Association of American Railroads (AAR) reported U.S. rail volumes for January 2024. U.S. railroads originated 1,025,168 carloads in January 2024, down 7.2%, or 79,725 carloads, from January 2023. U.S. railroads also originated 1,206,014 containers and trailers in January 2024, up 5.5%, or 63,195 units, from the same month last year. Combined U.S. carload and intermodal originations in January 2024…

Read More

New Home Sales Bounce Back in December on Lower Mortgage Rates

Falling interest rates in the closing weeks of 2023 helped to bring buyers off the sidelines and provide a boost for new home sales. Sales of newly built, single-family homes in December increased 8.0% to a 664,000 seasonally adjusted annual rate from an upwardly revised reading in November, according to newly released data by the U.S. Department of Housing and…

Read More

Great Lakes Limestone Trade Down Slightly in 2023

Shipments of limestone on the Great Lakes totaled 28.6 million tons in 2023, a decrease of less than 1% compared to 2022.  2023’s loadings were below the trade’s five-year average by 1.1%, according to the Lake Carriers’ Association. Loadings from U.S. quarries increased less than 1% from the prior year to 23.1 million tons.  However, shipments from U.S. quarries were…

Read More
1 2 3 21