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TRIP: South Dakota, New Mexico Face Challenges

According to new reports released by TRIP, a Washington, D.C.-based national transportation organization, both South Dakota and New Mexico face daunting transportation challenges.

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Construction Spending Dips in January; Rises Year-Over-Year

The U.S. Census Bureau of the Department of Commerce announced that construction spending during January 2015 was estimated at a seasonally adjusted annual rate of $971.4 billion, 1.1 percent (±1.2 percent) below the revised December estimate of $982.0 billion. The January figure is 1.8 percent (±1.6 percent) above the January 2014 estimate of $954.6 billion.

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Aggregates Production Rose 7 Percent in Fourth Quarter

An estimated 540 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the fourth quarter of 2014, an increase of 7 percent compared with that of the same period of 2013. The estimated annual output of construction aggregates produced for consumption in 2014 was 2.17 billion metric tons (Gt), an increase of 7 percent compared with that of 2013, reported USGS Crushed Stone Commodity Specialist Jason Willett.

 

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