economy
ACA: Cement consumption to decline before rising in 2026-27
The American Cement Association (ACA) forecasts a rebound next year before more robust growth surfaces two years from now. Keep Reading
Granite highlights record backlog in latest quarterly report
Granite Construction’s Kyle Larkin cites increased bidding opportunities and the Dickerson & Bowen acquisition as key factors in the company’s 2025 start. Keep Reading
‘2025 Aggregate Industry Scorecard’ released
The latest aggregate industry scorecard released by the Phoenix Center showcases the importance of the aggregate industry and the impact is has on the country's economic well-being. Keep Reading
Report: Nonresidential construction spending, construction job openings up in February
National nonresidential construction spending was up 0.3 percent in February and construction job openings increased by 22,000 in the month. Keep Reading
Report: Construction Backlog Indicator dips, contractor confidence up
The Associated Builders & Contractors (ABC) reports its Construction Backlog Indicator fell in February, while its Construction Confidence Index was up. Keep Reading
PCA economist offers forecast for 2025
The Portland Cement Association’s (PCA) chief economist weighs in on recent Federal Reserve activity and how interest rate cuts should impact construction. Keep Reading
Economists offer promising industry outlook for fourth quarter, 2025
Three economists discuss what the rest of the year has in store for construction sectors, as well as what the coming year may bring. Keep Reading
Report: Equipment rental activity softening in US, Canada
The American Rental Association’s latest projections indicate an 8.9 percent revenue increase in 2024. Keep Reading
Latest Dodge report shows dramatic dip in construction starts
Dodge Construction Network says a June decline in utility construction starts pulled overall activity lower, although residential starts have experienced upward momentum. Keep Reading
