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MSHA Regulatory Agenda Takes Shape

The end of the Obama Administration is fewer than eight months away, but MSHA’s Spring Regulatory Agenda demonstrates the Administration’s push for more regulatory burdens on operators, according to the National Stone, Sand and Gravel Association (NSSGA).

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Dodge Momentum Index Moves Higher in May

The Dodge Momentum Index rose 2.4 percent in May to 119.4 from its revised April reading of 116.6 (2000=100). 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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New Home Sales Reach Post-Recession High

Sales of newly built, single-family homes rose 16.6 percent in April from an upwardly revised March reading to a seasonally adjusted annual rate of 619,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest sales pace since January 2008.

Read more: New Home Sales Reach Post-Recession High