Sales of newly built, single-family homes rose 3.1 percent in September from a downwardly revised August reading to a seasonally adjusted annual rate of 593,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
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WOTUS Rule Flawed, Says Congressional Committee
The process that led to the Environmental Protection Agency’s (EPA’s) Waters of the United States (WOTUS) rule “was rife with legal shortcuts, predetermined conclusions, and politically-driven timelines,” according to the House Oversight and Government Reform Committee.
Read MoreEagle Materials Reports Strong Second Quarter
Eagle Materials Inc. reported financial results for the second quarter of fiscal 2017 ended Sept. 30, 2016. Notable items for the quarter include (comparisons, unless otherwise noted, are with the prior year’s second quarter):
Read MoreMSHA Hits Texas Quarry With Imminent Danger Order
The U.S. Department of Labor’s Mine Safety and Health Administration (MSHA) announced that federal inspectors issued 146 citations, six orders and one safeguard during special impact inspections at 11 coal mines and five metal and nonmetal mines in September 2016.
Read MoreCarmeuse Lime and Stone Donates Limestone for Park
Carmeuse Lime and Stone recently donated 4,000 tons of limestone to Wald Park, Inc., a nonprofit in Maysville, Ky., that is renovating a park into a modern, state-of-the-art sports complex for the surrounding community.
Read MoreGroups Press Candidates on Infrastructure Funding
Thirty-four of the nation’s leading business, labor, transportation and travel groups called on both major party presidential candidates to include long-term, sustainable funding measures as part of their infrastructure plans and are offering to help get those plans enacted in letters sent to both campaigns this week. The various groups said that finding ways to pay for future improvements to…
Read MoreHousing Starts Drop in September; Permits Rise
A sharp decline in multifamily production brought overall nationwide housing starts down 9 percent in September, according to newly released data from the U.S. Housing and Urban Development and the Commerce Department. However, both single-family production and overall permit issuance posted solid gains.
Read MoreForecast: Construction Starts to Increase in 2017
Dodge Data & Analytics released its 2017 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2017 will advance 5 percent to $713 billion, following gains of 11 percent in 2015 and an estimated 1 percent in 2016.
Read MoreConstruction Starts Ease Back 2 Percent in September
The value of new construction starts in September decreased a slight 2 percent to a seasonally adjusted annual rate of $703.7 billion, according to Dodge Data & Analytics. This follows the 22 percent jump for total construction starts in August, which witnessed the highest monthly pace for construction starts so far in 2016.
Read MorePolaris Reports Healthy Third-Quarter Aggregates Sales
Polaris Materials announced that sales volumes in the third quarter of 2016 were 810,000 tons, an increase of 11 percent over third quarter 2015. Year-to-date sales volumes were 2.27 million tons, an increase of 7 percent over the same period in 2015, according to the company.
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