construction
Notes about highway funding
In its Q1-2014 Construction Outlook Report, FMI forecasts a modest 1 percent increase in highway and street construction for 2014 to $82.2 billion. The company says, "Public-private-partnerships still hold out hope for projects that can generate revenue from usage fees,… Keep Reading
U.S. cement consumption to reach nearly 80 million tons
Growth in U.S. construction markets could be dampened by Congressional drama that erodes consumer confidence and hinders recovery, according to the latest forecast from the Portland Cement Association (PCA). "American consumers love drama. Moreover, Congress knows how to create it,… Keep Reading
Firm anticipates 7 percent increase in construction next year
Researchers at FMI, a management consulting and investment banking firm to the construction industry, are predicting construction-put-in-place (CPIP) growth rates to be slightly ahead of the gross domestic product in 2014. FMI is specifically predicting construction put in place to… Keep Reading
Near double-digit growth forecast for construction
McGraw-Hill Construction predicts total U.S. construction starts for 2014 to rise 9 percent to $555.3 billion. McGraw-Hill Construction made the prediction as part of its 2014 Dodge Construction Outlook. The organization forecasted a 5 percent increase to $508 billion for… Keep Reading
September construction climbs 13 percent
New construction starts in September advanced 13 percent to a seasonally adjusted annual rate of $556 billion, according to McGraw-Hill Construction, a division of McGraw Hill Financial. Nonresidential building bounced back after losing momentum in August, and the nonbuilding construction… Keep Reading
PCA economist says cement consumption growth is coming
An unusually wet spring and early summer dampened cement consumption for the first quarter of 2013, according to the Portland Cement Association (PCA), but its chief economist is still optimistic for strong growth in the construction sector in 2014 and… Keep Reading
Volvo Construction Equipment: D-Series excavators
Volvo Construction Equipment's D-Series excavators, which include the EC140D, EC160D and EC220D, range in weight from 14 to 28 tons. According to Volvo, the excavators offer excellent lifting capacity and stability, allowing heavier objects to be lifted. The EC140D and… Keep Reading
Construction drops slightly in June
New construction starts in June receded 1 percent to a seasonally adjusted annual rate of $489.5 billion, according to McGraw-Hill Construction. As a result, construction start stats produced a Dodge Index reading of 104 – down one point from May.… Keep Reading
Dodge Momentum Index at highest mark in nearly four years
The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, rose 5.2 percent in April from the previous month, according to McGraw Hill Construction. Gains have been reported for the momentum index in… Keep Reading
