New construction starts in June advanced 6 percent to a seasonally adjusted annual rate of $549.7 billion, the highest level so far in 2014, according to McGraw Hill Construction, a division of McGraw Hill Financial. Nonresidential building strengthened after pulling back in May, with the lift coming from the start of several large manufacturing plant projects. Modest gains in June…
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Construction Unemployment Lowest in Six Years
Construction employers added 6,000 workers to payrolls in May as the industry’s unemployment rate dropped to 8.6 percent, its lowest May level in six years, according to an analysis of new government data by the Associated General Contractors of America. However, association officials cautioned that gains remain spotty and that thousands of highway construction jobs are at risk because of…
Read MoreConstruction Spending Ticks Upward
April construction spending was estimated at a seasonally adjusted annual rate of $953.5 billion. Find out how highways fared.
Read MoreNew Construction Advances in March
Highway Construction In March Increases 26 Percent; Bridge Construction Climbs 45 Percent. By Mark S. Kuhar
Read MoreJames Receives Award
March 5, 2014 – At the NSSGA convention, Vulcan Materials President and CEO Don James received the Barry K. Wendt Award. James used the occasion of his award to assail the extreme right and left wings of the political spectrum for views that are detrimental to the national economy and construction economy as well. He called for common sense legislation to…
Read MoreCrushing Concrete
NEW PORTABLE CONE PLANT HELPS CONTRACT CRUSHER MEET URBAN RECYCLE DEMAND. By Carol Wasson Ever-growing epicenters for asphalt and concrete recycle crushing lie just beyond the outskirts of many American cities – a trending phenomenon due to regulations that curtail urban quarry operation; the cost-prohibitive transportation of virgin aggregate; an over-abundance of demolition material; and waste disposal bans. Consequently, the…
Read MoreJuly Construction Recedes 2 Percent
By Mark S. Kuhar New Construction Starts In July Decreased 2 Percent, While Highway Construction Dropped 22 Percent. New construction starts in July decreased 2 percent to a seasonally adjusted annual rate of $479.1 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The nonbuilding construction sector, comprised of public works and electric utilities, pulled back in…
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