Pit & Quarry, February 2017
UPDATE NEW CONSTRUCTION STARTS SLIP DOWNWARD N ew construction starts in November retreated 6 percent from October at a seasonally adjusted annual rate of 6383 billion according to Dodge Data Analytics Each of the three major construction sectors experienced reduced activity in November the firm says Nonresidential building continued to recede from its elevated September pace even with the November start of several large projects Residential building in November settled back after strengthening in October maintaining the up and down pattern thats been present since August Also nonbuilding construction in November declined after its public works segment had been lifted in October by the start of several large projects including the 17 billion Mid Coast Corridor Transit Project in San Diego and the 850 million State Highway 288 Tollway project in the Houston area For the first 11 months of 2016 total construction starts on an unadjusted basis were 6272 billion essentially matching the amount reported for the same period a year ago During the second half of 2016 the year to date performance for total construction starts has shown consistent improvement even with the recent deceleration given the comparison to the weaker activity reported during last years second half The path of expansion for construction activity has been hesitant in recent years with gains followed by setbacks and this has certainly been true during 2016 says Robert A Murray chief economist for Dodge Data Analytics Continued from page 88 Also the estimated U S output of construction sand and gravel produced and shipped for consumption during the third quarter of 2016 was 290 Mt an unchanged figure compared with that of the third quarter in 2015 The estimated production for consumption in the first nine months of 2016 was 732 Mt an increase of 4 percent compared with that of the same period in 2015 The estimated production for consumption of sand and gravel decreased in seven of the nine divisions USGS measures compared with that sold or used in the third quarter of 2015 Production for consumption decreased in 24 of 45 states that were estimated The five leading states were California Minnesota Texas Michigan and Washington Their combined total production for consumption was 109 Mt Simply Reliable Stop By Booth C31032 Always Has Been Always Will Be A McLanahan Company 129 East Holcomb Avenue Des Moines IA 50313 USA 1 515 243 1123 eiwllc com Fine Material Screw Washers Sand Classifying Tanks Coarse Material Screw Washers Log Washers Portable Plants Road Based Mixers 92 PIT QUARRY February 2017 pitandquarry com
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