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Housing Starts Rise 1.9 Percent

Gains in multifamily production pushed overall housing starts up 1.9 percent in March to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from HUD and the Commerce Department.

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Construction Spending Predicted to Rise; Highways to Remain Flat

According to FMI's First Quarter Construction Outlook Report, total engineering and construction spending for the United States is forecast to be 7 percent in 2018, compared to up 4 percent in 2017. Spending growth in 2018 is forecast to be led by residential and select nonresidential segments.

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PCA Spring Forecast: Modest Growth Ahead

The Portland Cement Association (PCA) released its annual Spring Forecast which envisions modest growth for cement consumption over the next two years.

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Federal Memorandum Further Streamlines Permitting Process

On April 9, federal agency heads signed the One Federal Decision Memorandum of Understanding (MOU) which will further implement the administration's executive order to streamline the federal permitting process for major infrastructure projects.

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February New Home Sales Flat

Sales of newly built, single-family homes remained virtually unchanged, inching down 0.6 percent in February to a seasonally adjusted annual rate of 618,000 units after upward revisions to the January, December and November reports, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Read more: February New Home Sales Flat