construction
Dodge Momentum Index decreases in November
The Dodge Momentum Index fell to 119.9 in November, a 3.7 percent decrease from its October reading of 124.5. The Dodge Momentum Index is a monthly measure of the first report for nonresidential building projects in planning. According to Dodge… Keep Reading
New construction starts climb 13 percent
New construction starts in October advanced 13 percent to a seasonally adjusted annual rate of $591.1 billion, according to Dodge Data & Analytics. The increase follows the lackluster performance for construction starts during August and September, when activity fell to… Keep Reading
FMI Corp., Results Canada announce partnership
FMI Corp. and Results Canada cooperatively launched FMI Results to help mid-market engineering and construction businesses realize growth. “FMI is excited to be partnering with Results Canada,” says Chris Daum, president and CEO of FMI Corp. “Our alliance leverages Results… Keep Reading
Liebherr equipment explored at seminar
More than 170 salesmen, dealers, company representatives, customers and guests gathered for Liebherr Construction Equipment Co.'s 2015 sales seminar and open house at Liebherr's headquarters in Newport News, Va., the company says Visitors from Liebherr’s earthmoving and material handler factories… Keep Reading
House bill defines sand and gravel as strategic, critical
The House of Representatives passed a bill that includes sand, gravel and minerals necessary for transportation infrastructure construction in the definition of strategic and critical minerals, the National Stone, Sand and Gravel Association (NSSGA) reports. Rep. Mark Amodei, R-Nev., introduced… Keep Reading
New construction starts slip further in September
New construction starts in September dropped 5 percent from the previous month to a seasonally adjusted annual rate of $523.7 billion, according to Dodge Data & Analytics. The Dodge Momentum Index produced a reading of 111 in September, which is… Keep Reading
Michigan Aggregates Association names president
The Michigan Aggregates Association (MAA) appointed Doug Needham as its president. Needham succeeds Mike Newman as the association's president. According to MAA, Newman led the association for more than 20 years. Needham plans to start his position as MAA president… Keep Reading
FMI forecast revised to incorporate more potential growth
Construction activities are forecasted to grow at 6 percent through 2015, up from a second-quarter forecast of 5 percent, according to the latest FMI construction outlook. Construction growth is not only predicted to rise this year, but it is expected… Keep Reading
Cat announces several major cost reduction plans
Caterpillar Inc. announced several major cost reduction plans to lower Cat's operating costs by about $1.5 billion. Cost reduction plans include cutting jobs, creating a retirement enhancement plan and reorganizing several divisions. Cat says this year is the company’s third consecutive… Keep Reading
