Road to Prosperity
Road to Prosperity is a series developed with support from Van Der Graaf, and focuses on discussing and highlighting positive developments, trends, and advancements within the aggregate and mining industries, exploring ways to move forward and achieve success.
Recession avoidable, vulnerabilities remain
Associated General Contractors of America’s chief economist Ken Simonson says the U.S. will likely avoid a recession in 2024, but ongoing worldwide concerns need to be monitored. Keep Reading
Dodge: New momentum for warehousing as education, health care slip
The Dodge Momentum Index, measuring the initial report for nonresidential building projects in planning, was up 1 percent in October. It is, however, down 8 percent year over year. Keep Reading
Heidelberg Materials offers details on its third quarter
The company says it closed the first three quarters of 2023 with a strong financial result despite declining demand for construction materials. Keep Reading
How Arcosa performed in the third quarter
President and CEO Antonio Carrillo offers commentary on Arcosa’s performance. Keep Reading
AGC: More interest rate hikes likely
While the Federal Reserve opted to not raise interest rates in September, Ken Simonson with the Associated General Contractors of America foresees additional increases early in 2024. Keep Reading
Knife River sees record growth in third quarter
Now an independent company, Knife River experienced record financial growth for the second consecutive quarter, driven, in part, by its construction materials revenue. Keep Reading
Aggregate volumes down, pricing up at Summit Materials
The company provided perspective on third-quarter activity within its aggregate business, with president and CEO Anne Noonan offering an update on the Argos USA merger. Keep Reading
The latest on nonresidential spending, construction job openings
The Associated Builders & Contractors reports that nonresidential construction spending was up 0.3 percent and job openings were up by 56,000 in September. Keep Reading
Revenues, profit up at USLM in third quarter
United States Lime & Minerals (USLM) reports its lime and limestone revenues were up 13.5 percent in the quarter. Keep Reading
