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Nonresidential fixed investment in structures dropped 12 percent in the first quarter of 2012 following a 0.9 percent decrease in the fourth quarter of 2011.
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Amid reports that both the U.S. House of Representative and Senate are delaying further consideration of the highway authorization measures until after recess, the American Concrete Pavement Association (ACPA) is urging strong bipartisan support of the bill.
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Construction Association Notes that Recent Slowdown in Year-over-Year Producer Price Change Has Been Reversed for Several Key Items; Delay in Passing Highway Funding Means Projects Will Be Costlier
Ed Sullivan, chief economist for the Portland Cement Association veered off from his typical economic forecast to indentify a market that the concrete industry needs to gain a stronger foothold: road paving.
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Total nonresidential construction spending increased 0.9 percent in November to a seasonally adjusted annual rate of $555.7 billion.
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United Rentals Inc. and RSC Holdings Inc. have entered into a definitive merger agreement under which United Rentals will acquire RSC in a cash-and-stock transaction valued at $18.00 per share, or a total enterprise value of $4.2 billion, including $2.3 billion of net debt.
As we leave 2011 behind and inch closer to 2012, CC presents economic outlooks from a variety of sources. Is a recovery finally at hand?
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An Industry Data Survey by the NRMCA reveals that ready mixed concrete producers have been hit hard by the recession and are experiencing a slow economic recovery.
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CEMEX announced that consolidated net sales increased by 5% during the third quarter of 2011 to approximately U.S.$3.9 billion versus the comparable period in 2010.
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New analysis of federal employment data released by the Associated General Contractors of America.
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President Asks Congress for $447 Billion In Cuts, Spending; Tepid GOP Response.
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With the debt limit crisis averted, Congress and the Administration should focus on reauthorizing two key legislative priorities: Federal-aid transportation reauthorization and the Federal Aviation Administration reauthorization.
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An investment group led by former ProBuild president Paul Hylbert and Boreas Advisors LLC announced today it had acquired and injected new capital into Barton Supply, a fabricator and distributor of structural and reinforcing steel products serving Colorado's Front Range.
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Significant government policy risks could affect near, long-range forecast.
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Inaction by Congress to raise the federal debt ceiling could result in a second recession, adversely impacting cement consumption.
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New research illustrates ways to maximize state infrastructure funds.
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President Obama’s Jobs and Competitiveness Council will release a plan for economic growth on Monday.
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Hundreds of workers from the road construction industry and its suppliers will convene on the National Mall in support of a multi-year highway bill.
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The campaign to implement life-cycle budgeting at the federal, state, and local level today announced a new television advertisement.
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ABC reports that its Construction Backlog Indicator (CBI) for the first quarter of 2011 averaged 7.3 months, up 21% from one year ago.