Construction employment increased by 16,000 jobs in June to the highest level since October 2008, signaling a new burst of hiring after three months of pause, according to an analysis of new government data by the Associated General Contractors of America. Association officials urged federal, state and local lawmakers to enact measures to make it easier for school officials, local…
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Cemex Finalizes 10-Year Port Lease in California
The Redwood City, Calif., Port Commission approved a new 10-year lease for Cemex Aggregates with an option to extend the lease for another decade on an 8.2 acres marine terminal, according to The Daily Journal.
Read MoreNew Home Sales Rise 2.9 Percent in May
Sales of newly built, single-family homes in May rose 2.9 percent to a seasonally adjusted annual rate of 610,000 units after an upwardly revised April reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Read MoreNew Study Quantifies Economic Impact of Aggregates Industry
To better understand the effect of the U.S. aggregates industry on the economy and jobs, the Phoenix Center released a new economic “Scorecard” entitled “The Economic Impact of the Natural Aggregates Industry: A National, State, and County Analysis.”
Read MoreAggregates Production Dips in First Quarter
The estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2017 was 426 million metric tons (Mt), a decrease of 3 percent compared with that of the same period of 2016. The revised estimated annual output produced for consumption in 2016 was 2.30 billion metric tons (Gt), a slight increase compared with the…
Read MoreDodge Momentum Index Resumes Growth in May
Following a dip in April, the Dodge Momentum Index advanced 4.0 percent in May to 139.1 (2000=100) from its revised April reading of 133.7. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreNext Generation of Transportation Leaders Press Congress on Highways
Seventeen emerging leaders in the transportation design and construction industry participated in an intensive Washington, D.C., “boot camp” introduction to the federal legislative and regulatory processes, and then went to Capitol Hill to urge their members of Congress to find a permanent revenue fix for the Highway Trust Fund (HTF) and to fully fund the FAST Act for FY 2018.
Read MoreNew Home Sales Slip in April After Strong Start to Year
Sales of newly built, single-family homes in April dropped for the first time in 2017, falling 11.4 percent to a seasonally adjusted annual rate of 569,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for the first three months of the year were all upwardly revised,…
Read MoreConstruction Employment at Highest Level in Nine Years
Construction employment increased by 5,000 jobs in April to the highest level in more than nine years amid strong demand for new construction services, according to an analysis of new government data by the Associated General Contractors of America. Association officials cautioned, however, that a shortage of available qualified workers likely limited the number of new jobs added last month.
Read MorePolaris Reports First Quarter Sales; Provides Business Update
Polaris Materials Corp. reported preliminary sales volumes for the quarter ended March 31, 2017, and provided a business update.
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