economy
FMI outlook says economy slowly improving
FMI released its Q3-2014 Construction Outlook, which anticipates slow growth in the economy. This forecast is attributed to the relatively low energy prices, low inflation, unemployment holding around 6.2 percent and GDP slowly growing. In addition to this, consumers are… Keep Reading
Highway bill, MSHA inspections top of mind at Pit & Quarry event
The annual Pit & Quarry Roundtable & Conference was held Aug. 27-28 in Cleveland, where aggregate producers and manufacturers participated in discussions on the recently passed highway bill, MSHA, the economy's impact on their businesses and more. In addition to… Keep Reading
Economist expects recovery to continue into 2013
In a 2013 construction forecast released Dec. 4, ABC Chief Economist Anirban Basu predicted nonresidential construction spending to expand 5.2 percent next year, with much of the expansion coming from privately financed projects. “With the elections now behind us, the… Keep Reading
