Single-family production showed signs of a gradual upturn in March as stabilizing mortgage rates and limited existing inventory helped to offset stubbornly high construction costs, building labor shortages and tightening credit conditions.
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BKT at ConExpo-Con/Agg 2023
BKT, Balkrishna Industries Limited, started its off-highway tire business in 1987. For more than 30 years, BKT has successfully focused on specialty segments such as agriculture, construction, mining, industrial, earthmoving, port, ATV, and lawn and garden. Headquartered in Mumbai and with five state-of-the-art manufacturing facilities in India, BKT has an extensive product range of more than 3,200 high-performance tires. The…
Read MoreConstruction Spending Rises in February; Highways Higher
According to the U.S. Census Bureau, construction spending during February 2023 was estimated at a seasonally adjusted annual rate of $1,844.1 billion, 0.1% (±0.7%) below the revised January estimate of $1,845.4 billion.
Read MoreTotal Construction Moves Higher in February; Highways Down
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%.
Read MoreUSGS: 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.
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