Nonmetallic Mineral Products Index Increases in December

The nonmetallic mineral products industry leading index increased to 255.6 in December from a downwardly revised 253.6 in November. Its six-month smoothed growth rate increased to 3.7 percent in December from a downwardly revised 2.2 percent in November, according to the U.S Geological Survey.

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Eagle's Concrete and Aggregates Revenues Climb Higher

Eagle Materials Inc. reported financial results for the third quarter of fiscal 2017 ended Dec. 31, 2016. The company is reporting:

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Construction Starts in 2016 Advance Only 1 Percent

For all of 2016, total construction starts advanced 1 percent to $676.5 billion, a considerably smaller gain than the 11 percent increase reported for 2015, according to Dodge Data & Analytics. If the volatile manufacturing plant and electric utility/gas plant categories are excluded, total construction starts in 2016 would be up 4 percent, depicting a more gradual deceleration relative to the corresponding 9 percent increase in 2015.

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Stockpile Reports Gathers Insights From Measurement Data

Stockpile Reports Inc., an inventory management system for stockpiled materials, announced its 2016 year-end report highlighting several data-driven trends and near-term predictions. Insights were extracted from the measurement of $44 billion dollars worth of stockpiled materials by customers in 24 countries capturing more than seven million images from drones, airplanes and iPhones.

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New Construction Starts in December Slide 5 Percent

New construction starts in December slipped 5 percent to a seasonally adjusted annual rate of $613.0 billion, according to Dodge Data & Analytics. The latest month’s decline for total construction was due to sharply reduced activity for the nonbuilding construction sector, reflecting further erosion by public works as well as a steep plunge by the electric utility/gas plant category. At the same time, nonresidential building in December held steady with its November pace, and residential building was able to register moderate growth.

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