Outlook/Forecast 2016: All Systems Go, Full Speed Ahead

WITH A NEW HIGHWAY BILL IN PLACE, THE FUTURE NOW LOOKS VERY BRIGHT FOR THE AGGREGATES INDUSTRY. By Mark S. Kuhar and Josephine Smith It goes without saying, 2015 went out with a bang, and looking ahead to 2016, it is all systems go, full speed ahead. In a major victory for the aggregates industry, both chambers of Congress voted to…

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October Construction Spending Inches Up; Highways Higher

The U.S. Census Bureau of the Department of Commerce announced that construction spending during October 2015 was estimated at a seasonally adjusted annual rate of $1,107.4 billion, 1.0 percent (±1.8 percent) above the revised September estimate of $1,096.6 billion. The October figure is 13.0 percent (±2.5 percent) above the October 2014 estimate of $979.6 billion.

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