Brian P. McGuire, president and CEO of Associated Equipment Distributors (AED), issued the following in response to the U.S. Census Bureau’s recent Value of Construction Put in Place (VIP) survey, which shows public construction spending in the country hit a 24-year low in the second quarter of this year. “With trillions of dollars of infrastructure needs in the United States,…
Read MoreTag: infrastructure
AEM Poll: Heavy Majority Call for Infrastructure Investment
An overwhelming majority of Americans in urban, suburban and rural communities believe that investing in infrastructure will improve the U.S. economy, according to a new poll released by the Association of Equipment Manufacturers (AEM).
Read MoreOutback Materials to Partner With CarbonCure
Outback Materials has partnered with CarbonCure Technologies in order to provide environmentally friendly concrete to projects in Central California, including the high-profile California High-Speed Rail project. This partnership solidifies Outback’s commitment to help contribute to California’s environmental targets, according to the company.
Read MoreNew Video from NSSGA: A Rock Products Exclusive
August 10, 2017 – The National Stone, Sand and Gravel Association (NSSGA) will hold its first Legislative Policy Forum in Washington, D.C., Sept. 24-28. It will be held at the Hyatt Regency Capitol Hill. NSSGA also just released a new video featuring three members of Congress – Reps. Sam Graves (R-Mo.), Peter DeFazio (D-Ore.) and Jeff Denham (R-Calif.) – touting the importance of infrastructure investment.…
Read MoreNSSGA Legislative Policy Forum to Take Message to Congress
The National Stone, Sand and Gravel Association (NSSGA) will hold its first Legislative Policy Forum in Washington, D.C., Sept. 24-28. It will be held at the Hyatt Regency Capitol Hill.
Read MoreU.S. Asphalt Sales to Reach 27.6 Million Tons in 2021
Demand for asphalt used in paving, roofing and other products is forecast to rise 3.0 percent annually to 27.6 million tons in 2021. In terms of weight, asphalt used in paving products is projected to see the most rapid growth, reaching nearly 22 million tons in 2021.
Read MoreConstruction Spending Down for Month; Up for Year
Construction spending during June 2017 was estimated at a seasonally adjusted annual rate of $1,205.8 billion, 1.3 percent (±1.5 percent) below the revised May estimate of $1,221.6 billion. The June figure is 1.6 percent (±1.8 percent) above the June 2016 estimate of $1,186.4 billion.
Read MoreSenate Committee Votes to Save, Increase TIGER Grants
According to a report in The Hiil, a Senate panel has rejected President Trump’s effort to eliminate Obama-era transportation grants, instead opting to provide a funding boost for the program.
Read MoreReport: Asphalt Demand for Highways and Streets to Rise
Demand for asphalt used in highways and streets is forecast to advance 3.3 percent per annum to 13.7 million tons in 2021, aided by increases in government funding and rising highway and street construction activity.
Read MoreConstruction Spending Holds Steady
Construction spending during May 2017 was estimated at a seasonally adjusted annual rate of $1,230.1 billion, nearly the same as (±2.5 percent) the revised April estimate of $1,230.4 billion. The May figure is 4.5 percent (±2.5 percent) above the May 2016 estimate of $1,177.0 billion.
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