The Dodge Momentum Index jumped 6.1 percent in April to 163.0 (2000=100) from the revised March reading of 153.7. The Momentum Index 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.
The coldest April since 1997 put a chill on the Great Lakes limestone trade. Shipments totaled just 1,254,226 net tons, a decrease of 23 percent compared to a year ago, according to the Lake Carriers’ Association. Loadings trailed the month’s five-year average by even more – 33.3 percent.
Read more: Great Lakes Limestone Trade Down 23 Percent in April
LafargeHolcim is reporting a "good start to the year" with like-for-like net sales up 3.1 percent despite the impact of adverse weather and fewer working days in the first quarter of the year.
Read more: LafargeHolcim Touts North American Market Potential
Cemex employees across the U.S. participated in environmentally-friendly events for Earth Day and throughout April, upholding the company’s long-standing commitments to sustainable practices and their neighboring communities.
Read more: Cemex Illustrates Sustainability; Community Commitment
Summit Materials Inc. announced results for the first quarter 2018. Net revenue increased by 11.9 percent to $289.9 million in the first quarter 2018, versus $259.0 million in the prior-year period. The improvement in net revenue was primarily attributable to acquisition-related contributions in the East and West segments, coupled with organic growth in the West Segment.
Read more: Summit Materials Reports Revenue Increase; Weather-Related Losses
