economy
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
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
Intriguing market opportunity
Reclaimed asphalt pavement is gaining momentum in U.S. Unless you’ve been living under a rock – no pun intended – you know that the reclaimed asphalt pavement (RAP) market is booming. The RAP concept makes sense. Even at the end… Keep Reading
CRH to purchase Lafarge, Holcim assets for $7.4 billion
Irish cement maker CRH has agreed to pay $7.4 billion for the Lafarge and Holcim assets, says an article on Reuters. This purchase will make CRH the world’s third-largest building materials supplier and the largest building supplier in central and… Keep Reading
