Total construction starts rose 6% in February to a seasonally adjusted annual rate of $912.8 billion, according to Dodge Construction Network. During the month, residential and nonresidential building starts rose 11% and 9%, respectively, and nonbuilding starts declined by 5%.
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USGS: Nonfuel Mineral Production Jumps $3.6 Billion in 2022
By Mark S. Kuhar U.S. mines produced approximately $98.2 billion in nonfuel mineral commodities in 2022 – an estimated $3.6 billion increase over the 2021 revised total of $94.6 billion, according to the U.S. Geological Survey. This information comes from the 28th annual USGS Mineral Commodity Summaries report, released Jan. 31 by the USGS National Minerals Information Center. The report…
Read MoreDodge Momentum Index Gets a Boost in February
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, advanced 1.9% in February to 203.0 (2000=100) from the revised January reading of 199.3. In February, the commercial component of the DMI rose 1.4%, and the institutional component increased 2.9%.
Read MoreDodge Momentum Index Dips in January
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 8.4% in January to 201.5 (2000=100) from the revised December reading of 220.0. In January, the commercial component of the DMI fell 10.0%, and the institutional component receded 4.7%.
Read MoreOptimizing Feed, Flow & Throughput
Heavy-Duty Vibrating Screens and Feeders Deliver Top Performance In Multi-Plant Upgrades. By Carol Wasson When Blue Water Industries expanded its market reach with the 2018 acquisition of five limestone quarries throughout Tennessee, its primary goal was maximizing efficiency and production capacities via a multitude of strategic plant upgrades. As such, Blue Water Area Manager Randy Dies sought out “beefy” components,…
Read MoreLuck Stone Seeks to Create Data Center Campus
Virginia-based Luck Stone Corp. is planning a new data center campus in the Ashburn area of Loudoun County.
Read MoreHighway Construction Up 8.6% in 2022
According to the U.S. Census Bureau, construction spending during December 2022 was estimated at a seasonally adjusted annual rate of $1,809.8 billion, 0.4% (± 0.8%) below the revised November estimate of $1,817.3 billion. The December figure is 7.7% (±1.2%) above the December 2021 estimate of $1,681.0 billion.
Read MoreCEMEX Ventures Releases Top 50 ConTech Startups for 2023
CEMEX Ventures released its Top 50 ConTech Startups 2023. CEMEX Ventures is the Corporate Venture Capital arm of CEMEX that invests in construction technology (ConTech) companies.
Read MoreTrimble Acquires Ryvit
Trimble has acquired Ryvit, an integration Platform-as-a-Service (iPaaS) provider for the construction industry. Launched in 2016, Ryvit builds connections between commonly used applications and data sources, enabling information sharing both within and across organizations so that project teams can use the right information to make the right decisions at the right time.
Read MoreConstruction Spending Up Slightly for Month; Significantly for Year
According to the U.S. Census Bureau, construction spending during November 2022 was estimated at a seasonally adjusted annual rate of $1,807.5 billion, 0.2% (±0.8%) above the revised October estimate of $1,803.2 billion. The November figure is 8.5% (±1.3%) above the November 2021 estimate of $1,665.2 billion.
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