residential construction
New construction starts climb 13 percent
New construction starts in October advanced 13 percent to a seasonally adjusted annual rate of $591.1 billion, according to Dodge Data & Analytics. The increase follows the lackluster performance for construction starts during August and September, when activity fell to… Keep Reading
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
June construction starts retreat 15 percent
New construction starts in June dropped 15 percent from the previous month to a seasonally adjusted annual rate of $620.2 billion, according to Dodge Data & Analytics. The decline followed an especially strong May, the company says. Nonbuilding construction in… Keep Reading
FMI Q2 Construction Outlook forecasts 5 percent growth
According to FMI Corp.’s Q2 Construction Outlook, construction activities are expected to grow at 5 percent in 2015, a decrease from the Q1 2015 outlook’s 8 percent forecast. Despite this, the Q2 outlook reports the highest total for construction put… Keep Reading
March construction falls, 2015 construction up
According to Dodge Data & Analytics, new construction starts in March fell 13 percent from February to a seasonally adjusted annual rate of $633.3 billion with a Dodge Index of 134. The fallback can be attributed to decreased activity in… 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
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
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
