nonresidential construction
Martin Marietta boasts second quarter improvements
Martin Marietta Materials released the results for the second quarter. The company reported consolidated net sales of $850.2, a 41 percent increase compared to the second quarter of 2014. The aggregates product line volume increased 7.8 percent and the aggregates… Keep Reading
FMI report indicates growth in nonresidential construction
According to FMI’s Q2 2015 Nonresidential Construction Index Report (NRCI), the nonresidential construction sector has grown at a solid pace the past 18 months despite rising costs of construction materials and labor as well as a decline in regional economics… Keep Reading
Martin Marietta shares expectations for 2015
Nonresidential construction is expected to increase. Residential construction should continue to grow. Energy-related economic activity is anticipated to remain strong. And highway funding should remain stable. Taking these factors into account, Martin Marietta expects its business to increase this year… Keep Reading
Builders association expects further economic growth in 2015
Associated Builders and Contractors (ABC) forecasts a steady and ongoing economic recovery for the U.S. commercial and industrial construction industries in 2015. The industry recovery that took place this year should continue in 2015, ABC says, with momentum growing in… 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
More growth for nonresidential construction but industry still hesitant
FMI's Nonresidential Construction Index report for the second quarter of this year shows slight improvement in the nonresidential sector compared with the first quarter of this year, as well as the second quarter of last year. The index jumped 0.9… Keep Reading
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
