editorial

March Construction Eases Back One Percent

At a seasonally adjusted annual rate of $660.5 billion, new construction starts in March receded 1 percent from February’s pace, according to Dodge Data & Analytics. Total construction starts had jumped 13 percent in February, led by a huge gain for the electric utility and gas plant category.

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February Construction Starts Rise 10 Percent

At a seasonally adjusted annual rate of $667.6 billion, new construction starts in February advanced 10 percent compared to the previous month, according to Dodge Data & Analytics.

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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.

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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.

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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.

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