economy
Determining when revenue is considered income
Find out what aggregate producers should know about new revenue recognition standards. Keep Reading
Expect continued small gains into 2017
After hopes of much higher growth for the second half of 2016, economy and construction are instead looking like more of the same slow growth. Keep Reading
Infrastructure investments emphasized in Trump victory speech
Donald Trump was elected the 45th president of the United States in the wee hours of the morning Nov. 9, and he imparted a number of messages in his victory speech – including his desire to enhance the nation's crumbling infrastructure. Keep Reading
Report: Construction starts to increase 5 percent in 2017
Total U.S. construction starts for 2017 will advance 5 percent to $713 billion, says Dodge Data & Analytics in its 2017 Dodge Construction Outlook. Keep Reading
Are we at a demand peak for aggregate?
We are now in the seventh year of increases in aggregates demand. Keep Reading
NSSGA commissions Pit & Quarry contributor for market forecast
S-C Market Analytics, a construction materials forecasting company whose chief economist contributes regularly to Pit & Quarry, produced a report commissioned by the National Stone, Sand and Gravel Association (NSSGA) about the anticipated impact of the FAST Act on aggregates… Keep Reading
Economist: Cautious optimism still rings true in 2016
Aggregate producers have been cautiously optimistic about growth these last few years, ever since the Great Recession took its toll on their businesses. Cautious optimism is still a fitting approach according to George Reddin, a managing director of FMI Capital… Keep Reading
Construction spending dip the first in more than year
U.S. construction spending fell for the first time in nearly 1 1/2 years in November, according to Reuters. A drop in nonresidential investment offset an increase in housing activity. Construction spending dipped 0.4 percent. This was the first spending dip… 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
