Road to Prosperity
Cemex reports U.S., global sales growth in second quarter
Cemex reports that net sales increased 11 percent globally to $4.08 billion and that net sales at U.S. operations were up 15 percent to $1.29 billion. Keep Reading
USLM reflects on the second quarter
While revenue was up in the second quarter, United States Lime & Minerals (USLM) says its gross profit was down as a result of inflationary pressures. Keep Reading
Aggregate sales contribute to quarterly growth at Eagle Materials
President and CEO Michael Haack says construction activity was healthy across the company’s markets in the quarter. Keep Reading
Report: Economy, nonresidential construction down in second quarter
The U.S. economy contracted last quarter, and nonresidential spending is down in 10 of the last 11 quarters. Keep Reading
Martin Marietta sets several second-quarter records
Ward Nye, chairman and CEO of the nation’s second-largest aggregate producer, reflected on the company’s performance in April, May and June. Keep Reading
Commercial, multifamily construction starts up on the year
Unfortunately, Dodge Construction Network chief economist Richard Branch says starts could stall as 2023 gets underway. Keep Reading
Handicapping the 2024 presidential race
Former speaker Newt Gingrich took a few minutes to share his outlook on the 2024 presidential election at the Pit & Quarry Roundtable & Conference. Keep Reading
AGC: June construction employment behind pre-pandemic levels
The Associated General Contractors of America (AGC) says June construction employment lagged pre-pandemic levels despite record job openings. Keep Reading
Dodge: Total construction starts down in June
Dodge Construction Network reports that total construction starts were down 5 percent in June, despite gains in nonbuilding construction starts. Keep Reading