editorial

January Construction Starts Rise 2 Percent

The value of new construction starts in January grew 2 percent to a seasonally adjusted annual rate of $607.9 billion, according to Dodge Data & Analytics.

Read more: January Construction Starts Rise 2 Percent

Construction Starts Up 8 Percent in 2015

New construction starts in December advanced 4 percent to a seasonally adjusted annual rate of $591.6 billion, according to Dodge Data & Analytics. The December gain follows a 5 percent decline in November, and brings total construction activity back close to the amount that was reported in October.

Read more: Construction Starts Up 8 Percent in 2015

Highway Bill Moves Forward; Predictions for 2016

The U.S. House of Representatives voted 363-64 to pass a six-year, nearly $325 billion highway and transit bill after a contentious vetting of proposed amendments and an intense debate about federal gas taxes. The measure must now be reconciled with the Senate version of the bill.

Read more: Highway Bill Moves Forward; Predictions for 2016

Historic Passage of FAST Act to Spur Industry Growth

In a major victory for the aggregates and construction industries, both chambers of Congress voted to approve, and President Obama signed, The Fixing America's Surface Transportation, or FAST Act. The $305 billion, five-year bill passed the House by a vote of 359 to 65 and the Senate by a vote of 83 to 16. President Obama signed the bill on Dec. 4, 2015.

Read more: Historic Passage of FAST Act to Spur Industry Growth

New Construction Starts in September Slip 5 Percent

The value of new construction starts in September dropped 5 percent from the previous month to a seasonally adjusted annual rate of $523.7 billion, according to Dodge Data & Analytics. Decreased activity was reported for both nonresidential building and housing, while the nonbuilding construction sector managed a partial rebound after its August decline.

Read more: New Construction Starts in September Slip 5 Percent

Current Issue


View our current digital edition.
View all of our archives: More