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Nonresidential Building Index Rises

The Dodge Momentum Index rose 0.8 percent in April to 122.6 (2000=100) from March’s 121.6, according to Dodge Data & Analytics. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

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NSSGA Talks Regulatory Burden with Congress

The National Stone, Sand and Gravel Association (NSSGA) shared comments with the Senate Committee on Homeland Security and Government Reform in response to a request from Chairman Ron Johnson (R-Wisc.), ranking committee Democrat Tom Carper (D-Del.), and Subcommittee on Regulatory Affairs & Federal Management Subcommittee Chairman James Lankford (R-Okla.), and ranking subcommittee Democrat Heidi Heitkamp (D-N.D.), for a review that the committee has undertaken on the impact of federal regulations.

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Congress Fails Nation; Proposes Transportation Cuts

For the first time in six years, the House and Senate have come together to pass a joint budget resolution. Their achievement is overshadowed by a proposed 22 percent reduction in surface transportation funding based upon current revenue projections for the Highway Trust Fund.

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AEM Supports Safety Week

Safety is a priority focus for the Association of Equipment Manufacturers (AEM) and its member companies: AEM supports and encourages industry participation in safety awareness outreach, including three events during the beginning of May:

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