construction
Construction, materials companies consolidate
Three Mid-Atlantic materials production and heavy civil construction management companies – American Infrastructure, Allan A. Myers and Independence Construction Materials – are consolidating under one name, Allan Myers. “We’re really just formalizing something that has already happened naturally through doing… Keep Reading
FMI Q2 Construction Outlook forecasts 5 percent growth
According to FMI Corp.’s Q2 Construction Outlook, construction activities are expected to grow at 5 percent in 2015, a decrease from the Q1 2015 outlook’s 8 percent forecast. Despite this, the Q2 outlook reports the highest total for construction put… Keep Reading
Firm scales back 2015 construction outlook
Construction activities are expected to grow at 5 percent this year, FMI Corp. reports, leveling off from a previous forecast of 8 percent that the firm produced. Although the new prediction is significantly lower than last quarter, FMI reports that… Keep Reading
Construction jobs increase in 40 states in past year
Construction firms added jobs in 40 states and the District of Columbia (D.C.) between May 2014 and May 2015, reports the Associated General Contractors of America (AGCA). In addition, construction firms added jobs in 28 states and D.C. between April… Keep Reading
Dodge Momentum Index holds steady in May
The Dodge Momentum Index remained unchanged in May at 122.3, reports Dodge Data & Analytics. The Momentum Index is a monthly measure of the first report for nonresidential building projects in planning. In May, institutional building rose 3.1 percent while… Keep Reading
Economics Pulse: Construction materials update
The first quarter of 2015 brought four areas of interest to the construction materials sector: year-end earnings reports; the first initial public offering in the sector in more than a decade; continued anticipation of the industry’s merger of its two… Keep Reading
Aggregates volume, pricing growth drive Martin Marietta’s first quarter
Martin Marietta Materials Inc. experienced improved margins and increased profitability during the first quarter of 2015. In fact, Martin Marietta reports it achieved a first-quarter profit for the first time in seven years. Ward Nye, Martin Marietta's chairman, president and… Keep Reading
FMI predicts 8 percent construction growth in 2015
FMI predicts total construction put in place (CPIP) will grow 8 percent in 2015. According to FMI, this prediction supports the company’s earlier forecast that CPIP will top $1 trillion in 2015. The sectors expected to experience the highest growth… Keep Reading
Dodge Momentum Index rises in February
The Dodge Momentum Index increased 4.3 percent to 126.3 in February from 121.1 in January, according to Dodge Data & Analytics. The index has exhibited somewhat of an alternating pattern of late, up in December, down in January and up… Keep Reading
