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McGraw-Hill Construction Debuts New Index |
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Monday, 21 May 2012 11:06 |
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McGraw-Hill Construction launched the Dodge Momentum Index, a 12-month leading indicator of construction spending for nonresidential building. Based on a 91 percent correlation between construction planning reports, as reported by Dodge, and the Commerce Department’s Put-in-Place spending over the past 10 years, the index is an early and accurate leading indicator of future construction spending. It will prove useful to building-product manufacturers, AEC firms, construction industry professionals, economists and Wall Street analysts. The index will be issued monthly.
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MSHA Files Unlawful Discharge Complaint |
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Monday, 21 May 2012 11:05 |
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The U.S. Department of Labor's Mine Safety and Health Administration (MSHA) filed a complaint with the Federal Mine Safety and Health Review Commission against Ferraiolo Construction Inc. to reinstate a worker to his former position and provide compensation for wages lost as a result of his being unlawfully fired.
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Housing Production Rises in April |
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Monday, 21 May 2012 11:05 |
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Nationwide housing production gained 2.6 percent from an upwardly revised pace in March to hit a seasonally adjusted annual rate of 717,000 units in April, according to newly released figures from the U.S. Census Bureau and HUD. This modest gain was seen in both the single- and multifamily sectors, which registered growth of 2.3 percent and 3.2 percent, respectively.
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NRMCA Officers Include Aggregates Producers |
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Monday, 21 May 2012 11:04 |
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The National Ready Mixed Concrete Association elected David Robison of Delta Industries, Jackson, Miss., as chairman of its Board of Directors. Association membership chose Robison at NRMCA’s Annual Convention held in Savannah, GA. He succeeds Karl Watson Jr., of Cemex, Inc., Houston, who now serves as immediate past chairman.
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