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Dodge Momentum Index Starts 2020 on the Downside

The Dodge Momentum Index fell 2.7% in January to 152.5 (2000=100) from the revised December reading of 156.7, snapping a four-month streak of gains. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. 

Read more: Dodge Momentum Index Starts 2020 on the Downside

Eagle Heavy Materials Group has Strong Quarter

Eagle Materials Inc. reported financial results for the third quarter of fiscal 2020 ended Dec. 31, 2019. The company is reporting third-quarter revenue of $350.2 million, up 5%.

Read more: Eagle Heavy Materials Group has Strong Quarter

TRIP: Virginia Roads an Impediment to Economic Growth

Roads and bridges that are deteriorated, congested or lack some desirable safety features cost Virginia motorists a total of $9.5 billion statewide annually – as much as $2,583 per driver in some areas – due to higher vehicle operating costs, traffic crashes and congestion-related delays.

Read more: TRIP: Virginia Roads an Impediment to Economic Growth

Sullivan Forecasts Modest Cement, Construction Growth

The Portland Cement Association (PCA) held a press conference at the 2020 World of Concrete in Las Vegas, where PCA Senior Vice President and Chief Economist Ed Sullivan predicted cement consumption to stay at moderate growth levels through and into 2022.

Read more: Sullivan Forecasts Modest Cement, Construction Growth

CEMEX honored by Wildlife Habitat Council

CEMEX USA has been recognized by the Wildlife Habitat Council (WHC) for its strong and ongoing commitment to biodiversity, conservation education and environmental partnerships within the communities where it operates.

Read more: CEMEX honored by Wildlife Habitat Council