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Construction Spending Up 2.4 Percent Year-Over-Year

The U.S. Census Bureau of the Department of Commerce announced that construction spending during November 2014 was estimated at a seasonally adjusted annual rate of $975.0 billion, 0.3 percent (±1.5 percent) below the revised October estimate of $977.7 billion. The November figure is 2.4 percent (±1.6 percent) above the November 2013 estimate of $952.5 billion.

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Vulcan's James to Assume Non-Executive Chairman Role

James-150Vulcan Materials Co. announced that Donald M. James, executive chairman of the board of directors, will retire as an employee of the company, effective Jan. 15, 2015, and will transition to non-executive chairman.

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