How businesses can make sense of rising interest rates
Crest Capital’s Chris Fletcher looks at when the right time is for companies to borrow money in today’s high-stress environment.
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How construction materials producers are coping with uncertainty
Industry insiders discuss the trends and dynamics taking hold of the market right now.
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ABC: Construction employment up in October
The construction industry added 1,000 jobs in October, according to the Associated Builders & Contractors (ABC).
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MDU Resources experiencing record revenues, backlogs
MDU Resources also continues to work toward completing the separation of Knife River Corp., which is expected in 2023.
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Mixed outlook on tap for 2023
Dodge Construction Network’s Richard Branch says while the economy will likely slow dramatically in 2023, some construction sectors will feel the impact more than others.
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Pricing momentum continues for Vulcan in third quarter
Vulcan Materials says its total revenues were up 38 percent in the quarter, with average selling prices up sharply.
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Pricing adjustments boost Cemex in third quarter
Cemex CEO Fernando González says 2022 pricing achievements allowed the company to more than offset inflationary costs in dollar terms.
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PCA: Cement consumption expected to drop in 2023
Due to increasing inflation and interest rates, the Portland Cement Association (PCA) projects a 3.5 percent decline in cement demand in 2023.
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AGC: Data shows construction spending down slightly
The Associated General Contractors of America (AGC) says total construction spending was down a tad in August amid rising interest rates.
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