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Economics

Economic news and statistics for the aggregates and construction industries.


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Martin Marietta's appeal delayed   May 21, 2012

Martin Marietta Materials Inc.'s appeal of a lower court ruling that halted its $5 billion offer for Vulcan Materials Co. has been postponed until May 31, according to Reuters.More>>

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Volvo says construction equipment market recovering   May 21, 2012

Volvo Construction Equipment President and CEO Pat Olney used a May 17 press conference in Miami to share his belief that the recovery in the North American construction equipment market is gathering momentum. More>>

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Court to hear Martin Marietta appeal May 25   May 17, 2012

Martin Marietta Materials has won an expedited appeal of the May 4 ruling that barred it from pursuing its offer for Vulcan Materials for four months. More>>

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Court denies Martin Marietta's motion for a stay   May 15, 2012

Vulcan Materials Co. says a court has denied Martin Marietta Materials' motion for a stay on an order barring it from pursuing a $5.3-billion hostile takeover of Vulcan Materials for the next four months.More>>

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Aggregates demand to increase sharply after 2013   May 14, 2012

The drop in aggregates consumption during the past five years has been unusually large owing to the recession (of course) and the sharp decline in aggregates intensity.More>>

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Judge rules in Vulcan Materials' favor; Martin Marietta to appeal   May 7, 2012

Judge Leo E. Strine Jr. decided to block the Martin Marietta Materials' hostile takeover bid for a period of four months.More>>

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PCA cement consumption forecast positive   April 30, 2012

The Portland Cement Association is basing its forecast on stronger-than-expected job creation and the construction industry’s current recovery.More>>

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Vulcan Materials' letter urges shareholders to reject takeover offer   April 30, 2012

Vulcan Materials Co. has filed definitive proxy materials with the Securities and Exchange Commission.More>>

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Construction equipment sales grew 25 percent in 2011   April 17, 2012

Sales of construction equipment by the world’s 50 largest manufacturers grew 25 percent last year to US$182 billion.More>>

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Martin Marietta-Vulcan ruling may not come soon   April 10, 2012

Reuters reports that the judge presiding over the case of Martin Marietta Materials' hostile bid for Vulcan Materials called the fight a "hall of mirrors."More>>