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Now Incorporating Aggregates Manager
 

 

 
 

Review of Road Conditions

The Nation Is Falling Behind When It Comes to the Condition of Our Roads.

Between 2009 and 2017, the percentage of the roads nationwide in poor condition increased from 14 to 20%. The percentage of roads in “good condition” increased only slightly: from 36 to 38% over that eight-year period.

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Economic Update

The Market Is Sending Mixed Signals at the Mid-Way Point in the 2019 Construction Season.

Through the first five months of 2019, total construction starts on an unadjusted basis were $295.0 billion, down 9% from the same period a year ago, according to according to Dodge Data & Analytics. On a 12-month moving total basis, total construction starts for the 12 months ending May 2019 were 2% below the amount reported for the 12 months ending May 2018.

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Equipment Update

A Big-Picture Look at Issues in the Equipment Market.

After two consecutive years of solid growth, equipment and software investment growth is likely to slow in 2019 to 3.9%, down from 4.5% in the second quarter, according to the third-quarter update to the 2019 Equipment Leasing & Finance “U.S. Economic Outlook” released by the Equipment Leasing & Finance Foundation.

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Aggregates Production

USGS Reports Recent Increases in Crushed Stone, Sand and Gravel Production.

The estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2019 was 449 million metric tons (Mt), an increase of 9% compared with that of the same period of 2018, according to Jason Willett, crushed stone commodity specialist for the U.S. Geological Survey (USGS).

Read more: Aggregates Production