Construction Employment Keeps Increasing
Published: Tuesday, 11 February 2014 13:27
Construction employment expanded in 192 metro areas, declined in 84 and was stagnant in 63 between December 2012 and December 2013, according to a new analysis of federal employment data released Feb. 5 by the Associated General Contractors of America. Association officials said that even with so many metro areas adding jobs for the year, only 20 metro areas topped previous construction employment peaks for the month.
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Vulcan’s Fourth-Quarter Profit Soars
Published: Monday, 10 February 2014 13:52
Vulcan Materials reported that in the fourth quarter of 2013, net sales increased $78 million, or 14 percent, versus the prior year’s fourth quarter, as volumes continued to improve. Gross profit improved $38 million, or 48 percent, primarily on the strength of the volume growth and operating leverage in aggregates. Aggregates gross profit and profit margin increased $30 million and 390 basis points, respectively. Shipments increased 7 percent. Pricing increased 3.5 percent.
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