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Economics Pulse: Construction materials update

Last year proved to be a year of mixed results for the construction materials sector. Production volumes increased in 2014, but not at the pace that many expected. Sales increased but profit margins struggled to show improvement. Stock prices for… Keep Reading

Industry leaders offer highway bill insights

At Pit & Quarry's 2014 Roundtable & Conference, industry leaders came together to discuss industry issues and propose solutions to them. Check out this video to see some of their opinions on the highway bill, which is set to expire… Keep Reading

2014 construction put in place to end on high note

According to FMI’s Q4 Construction Outlook, total construction put in place (CPIP) for 2014 will be $62 billion greater than last year, which is a 7 percent increase. The outlook also reports that CPIP should finish around $972 billion this… Keep Reading

FMI whitepaper offers insights on executive pay

Management consulting and investment banking firm FMI released a whitepaper on executive pay trends that is available as a free download here. The whitepaper, authored by Mike Rose, offers a few key takeaways according to FMI. One takeaway is that… Keep Reading

FMI predicts further growth 2015

FMI released its "2015 U.S. Markets Construction Overview" in which the firm's researchers predict 2014 will end with a 7 percent growth in construction put in place (CPIP). Researchers also expect this growth will continue with a total CPIP of… Keep Reading

Reading their lips

As we detail in our State of the Industry report beginning on page 14, things are looking up for the aggregates industry heading into next year. Construction starts are on the rise, and aggregate production numbers are up, as well.… Keep Reading

Firm provides reasons for nonresidential construction optimism

Management consulting and investment banking firm FMI released its Nonresidential Construction Index (NRCI) for the fourth quarter. The index increased slightly from the third quarter, moving from 62.5 to 62.8. According to FMI, the 62.8 mark is 5.5 points ahead… Keep Reading

George Reddin joins Pit & Quarry team

We are pleased to announce that George Reddin, a managing director with FMI Capital Advisors Inc., joins Mike Heenan and David Chereb as a regular Pit & Quarry contributor. Reddin will serve as our economics columnist, and his articles will… Keep Reading

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