construction
Five-year U.S. construction outlook positive
Timetric’s Construction Intelligence Center forecasts that the U.S. construction industry will likely grow over the next five years. The center predicts the construction sector’s average annual growth is set to accelerate from 1.7 percent during its review period to 3.1… Keep Reading
Study says global demand for cement to reach 5.2 billon metric tons in 2019
World Cement, a study conducted by The Freedonia Group, projects world demand for cement to rise 4.5 percent per year to 5.2 billion metrics tons in 2019. In value terms, this means global demand for cement will advance 7 percent… Keep Reading
New construction starts hold steady in July
According to Dodge Data & Analytics, new construction starts in July remained unchanged from June at a seasonally adjusted annual rate of $629.4 billion. The Dodge Momentum Index also remained at 133. In July, nonresidential building rose 2 percent to… Keep Reading
Vulcan reveals second quarter progress
Vulcan Materials has released its second quarter 2015 results. Compared to the second quarter of 2014, Vulcan’s total revenues increased $104 million, or 13 percent, to $895 million. Gross profit increased $60 million, or 34 percent, to $234 million as… Keep Reading
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
