nonresidential construction
Nonresidential drives Martin Marietta’s first quarter aggregates growth
Martin Marietta Materials Inc. released its first-quarter report April 29, touting net sales increases of 10 percent and increases in aggregate product line volumes. “Our first-quarter 2014 results reflect the continued economic momentum from 2013’s fourth quarter, as well as… Keep Reading
Construction takes a hit in January
The value of new construction starts fell 13 percent in January to a seasonally adjusted annual rate of $485.0 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed a healthy performance in December, which… Keep Reading
Nonresidential construction index at its highest point ever
FMI, a management consulting and investment-banking firm with an index that measures nonresidential construction growth, released its 2014 First Quarter Nonresidential Construction Index (NRCI) report. The NRCI showed a 7.5-point increase since the last quarter, as well as a 6.8-point… Keep Reading
Nye expects additional economic growth for Martin Marietta in 2014
Ward Nye, president and CEO of Martin Marietta Materials Inc., offered a positive industry outlook for 2014 upon the release of his company's fourth quarter results. "We are encouraged by various positive trends in our business and markets, especially in… Keep Reading
Nonresidential market drives Martin Marietta’s fourth quarter
Martin Marietta Materials Inc.'s nonresidential and residential aggregates product line shipments experienced double-digit volume growth in the fourth quarter last year, driving a 67 percent increase in earnings per diluted share over the company's 2012 fourth quarter. In addition, Martin… Keep Reading
Firm: Construction starts climbed 6 percent in 2013
New construction starts in December grew 5 percent to a seasonally adjusted annual rate of $554.5 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Although both nonresidential building and housing settled back during the final month… Keep Reading
Firm: Political infighting, uncertainty slowing nonresidential construction
FMI, a management consulting and investment-banking firm with an index that measures nonresidential construction growth, released its latest report that shows a 2.9-percent fourth-quarter drop for the category. FMI gave the fourth quarter a score of 57.4 on its Nonresidential… Keep Reading
Firm anticipates 7 percent increase in construction next year
Researchers at FMI, a management consulting and investment banking firm to the construction industry, are predicting construction-put-in-place (CPIP) growth rates to be slightly ahead of the gross domestic product in 2014. FMI is specifically predicting construction put in place to… Keep Reading
August construction rises 2 percent
New construction starts in August advanced 2 percent compared with July, according to McGraw-Hill Construction. According to the firm, nonbuilding construction rebounded after momentum was lost in July. At the same time, McGraw-Hill Construction says nonresidential building retreated from an… Keep Reading
