Road to Prosperity
Construction’s 2023 performance, 2024 outlook
Ken Simonson, chief economist with the Associated General Contractors of America, looks at what trends emerged in the construction industry in 2023 and how those trends could play out in the coming year. Keep Reading
How CRH is performing so far this year
The company provided an update on its Americas Materials Solutions business, offering details on pricing and aggregate volumes. Keep Reading
CRH, Martin Marietta make a deal in Texas
Martin Marietta is divesting a number of cement and ready-mixed concrete assets in south Texas in a deal valued at $2.1 billion. Keep Reading
Jarco Aggregates, Corpus Christi Sand & Gravel come to terms
Jarco Aggregates of San Antonio is acquiring Corpus Christi Sand & Gravel, which is located in Odem, Texas. Keep Reading
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