Road to Prosperity
Report: Economy, nonresidential construction down in second quarter
The U.S. economy contracted last quarter, and nonresidential spending is down in 10 of the last 11 quarters. Keep Reading
Martin Marietta sets several second-quarter records
Ward Nye, chairman and CEO of the nation’s second-largest aggregate producer, reflected on the company’s performance in April, May and June. Keep Reading
Commercial, multifamily construction starts up on the year
Unfortunately, Dodge Construction Network chief economist Richard Branch says starts could stall as 2023 gets underway. Keep Reading
Dodge: Total construction starts down in June
Dodge Construction Network reports that total construction starts were down 5 percent in June, despite gains in nonbuilding construction starts. Keep Reading
Great Lakes limestone trade up in June
The Lake Carriers’ Association says shipments of limestone on the Great Lakes totaled 3.8 million tons in June, slightly up from a year earlier. Keep Reading
Dodge Momentum Index reaches 14-year high
The monthly measure of the initial report for nonresidential building projects in planning grew by less than a percentage point in June, moving the index to a 14-year high. Keep Reading
Equipment sales still going strong
Despite issues with materials pricing, availability and the workforce, the aggregate industry’s dealers are optimistic about the road ahead. Keep Reading
ABC: Nonresidential construction spending dips in May
Nonresidential construction spending was down 0.6 percent in May, according to an Associated Builders & Contractors (ABC) analysis of federal data. Keep Reading
Why the industry must prioritize people again
Thomas Haun of the newly formed Turner Staffing Group encourages every industry company to fully reexamine their approach to hiring and retention. Keep Reading
