Road to Prosperity
Construction job openings down, labor scarcity remains
Anirban Basu, chief economist at the Associated Builders & Contractors, anticipates labor scarcity to a headwind in 2023, despite job openings going down. Keep Reading
CRH reports strong first-half performance
CRH saw gains in total sales and EBITDA in the first six months of 2023, with its Americas business realizing increases in those measures as well. Keep Reading
Heidelberg Materials makes a deal in Canada
The company agreed to acquire Green Drop Rock Products, which serves the market in Calgary, Alberta. Keep Reading
Nonbuilding, residential gains drive construction starts upward in July
Total construction starts gained 17 percent in July thanks, in part, to the start of a large LNG facility in Texas. Keep Reading
CEO reflects on Knife River’s culminating moment
President and CEO Brian Gray reflects on Knife River’s recent spinoff and the road ahead for the company and the construction materials industry. Keep Reading
What’s next for pricing of construction materials, equipment
The Associated Builders & Contractors’ Anirban Basu says construction materials prices should be reasonably stable in the coming months, but construction equipment prices might be an exception. Keep Reading
How Knife River performed in the second quarter
Now an independent, public company, Knife River Corp. noted how it set second-quarter records in key financial areas. Keep Reading
Dodge Momentum Index dips in July
The Dodge Momentum Index declined declined 0.9 percent in July with the commercial component falling 0.2 percent and the institutional component dropping 1.9 percent. Keep Reading
How Arcosa’s construction products business fared in the second quarter
Quarterly revenue tied to natural aggregates and specialty materials was relatively unchanged as higher pricing offset lower volumes, the company says. Keep Reading
