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2015 New-Home Sales Reach Eight-Year High

Sales of newly built, single-family homes rose 14.5 percent to 501,000 units in 2015, the highest level since 2007, according to newly released data from HUD and the U.S. Census Bureau. Meanwhile, sales in December increased 10.8 percent to a seasonally adjusted annual rate of 544,000 from an upwardly revised November reading.

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Polaris Foresees Strong 2016 Performance

Polaris Materials Corp. reports that shipments from its Orca Quarry for the 12 months ended Dec. 31, 2015, were 3.02 million tons, a decrease of approximately 12.5 percent versus 2014, reflecting the impact of previously reported supply disruptions in the second and third quarters of 2015.

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FAST Act Analysis Confirms Gains for Aggregate Demand

In an analysis commissioned by the National Stone, Sand & Gravel Association (NSSGA), potential increases in aggregates production are suggested through the five years of the Fixing America’s Surface Transportation (FAST) Act.

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Construction Starts Climb 8 Percent in 2015

For 2015 as a whole, total construction starts climbed 8 percent to $645.5 billion, according to Dodge Data & Analytics. This continues the pattern of moderate expansion for total construction starts registered during the previous three years – 2012, up 12 percent; 2013, up 11 percent; and 2014, up 9 percent.

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