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Nevada officials change course of Project Neon
If you think public-private partnerships are a promising alternative, then Project Neon just lost some of its luster.
August 19, 2014 – Roads & Bridges

Housing Starts Rebound in U.S. as Inflation Eases
Home construction rebounded in July and the cost of living rose at a slower pace, showing a strengthening U.S. economy has yet to generate a sustained pickup in inflation.
August 19, 2014 – Bloomberg

Highway Construction Drops 11% in June
Highway construction work dropped sharply in June, wiping out market gains from the previous seven months amid uncertainty over the federal aid highway program and the Highway Trust Fund, according to an American Road and Transportation Builders Association (ARTBA) analysis of federal data.
August 18, 2014 – Construction Equipment Guide

Pa. boosts funding for 12-year plan
Pennsylvania Gov. Tom Corbett announced that the State Transportation Commission, building on the Act 89 transportation plan, has updated Pennsylvania's 12-Year Transportation Program with a sizeable boost in much-needed transportation improvements.
August 15, 2014 – Roads & Bridges

Nonresidential Construction Starts Fall Nearly 20% in July
Reed Construction Data announced that the dollar value of construction starts in July, excluding residential activity, fell 19.5 percent versus an exceptionally strong June.
August 13, 2014 – forconstructionpros.com

Highway Construction Drops 11% in June
Highway construction work dropped sharply in June, wiping out market gains from the previous seven months amid uncertainty over the federal aid highway program and the Highway Trust Fund.
August 13, 2014 – forconstructionpros.com

PPP plan for Indiana project
Rebuilding of the Interstate 69 highway in Indiana is now going ahead. The PPP project is for the 33.6km I-69 Section 5 contract.
August 13, 2014 – World Highways

Financed used construction equipment sales drop third month in a row
According to the latest numbers from Equipment Data Associates, the number of financed used construction equipment sold dropped in June for the third month in a row, showing a 10 percent drop from May (7,089 units compared to May's 7,900 units), and a 7 percent drop from June, 2013.
August 11, 2014 – Equipment World

U.S. housing recovery continues slowly
Markets in 56 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI).
August 8, 2014 – Wisconsin Ag Connection

Dodge Momentum Index Drops 4.4% in July
The Dodge Momentum Index lost gains of the last two months, falling 4.4% in July to 121.4 (2000=100). It's the Index's first decline in four months, according to McGraw Hill Construction.
August 7, 2014 – forconstructionpros.com

OEM, Aftermarket Telematics to Exceed 40% Cellular of M2M Connections
In the latest analysis by ABI Research, OEM telematics and aftermarket telematics will be dominant sectors for cellular machine-to-machine (M2M) connections, growing to over 40 percent connection share.
August 7, 2014 – Construction Equipment

IDOT revises highway improvement program
Earlier in the year the Illinois Department of Transportation's Fiscal Year 2015 Highway Improvement Program was going to provide $1.839 billion of its $8.609 billion for highways in the FY 2015-2020 Proposed Multi-Modal Transportation Improvement Program. That has since changed.
August 5, 2014 – Better Roads

Nonresidential Fixed Investment Expands 5.5 Percent
Nonresidential fixed investment expanded 5.5 percent and residential fixed investment expanded 7.5 percent during the second quarter of 2014 according to a July 30 release by the Bureau of Economic Analysis.
July 31, 2014 – Compact Equipment

New Home Sales Down 8.1 Percent in June
Sales of newly built, single-family homes fell 8.1 percent to a seasonally adjusted annual rate of 406,000 units in June, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
July 29, 2014 – Compact Equipment

The state with the best roads in the country is...
According to a report from the Washington Post, the state with the best roads in the country is .Florida!
July 28, 2014 – Better Roads

TRIP: Rough roads cost Texas drivers
Roads and bridges that are deficient, congested or lacking desirable safety features cost Texas motorists a total of $25.1 billion statewide annually-more than $1,700 per driver in the Dallas-Fort Worth-Arlington area-due to higher vehicle operating costs, traffic crashes and congestion-related delays.
July 25, 2014 – Roads & Bridges

Builder Confidence Surpasses Key Benchmark in July
Builder confidence in the market for newly-built single-family homes reached an important milestone in July, rising four points to a reading of 53 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Any reading over 50 indicates that more builders view sales conditions as good than poor.
July 23, 2014 – Compact Equipment

Illinois Governor signs $1B plan for road repairs
Illinois Gov. Pat Quinn has signed a $1 billion capital spending plan, intended to create jobs and help repair the state's roads and bridges.
July 23, 2014 – Better Roads

Construction gets a boost in June
New construction starts in June advanced 6 percent to a seasonally adjusted annual rate of $549.7 billion. That's the highest level so far in 2014, according to McGraw Hill Construction, a division of McGraw Hill Financial.
July 22, 2014 – Pit & Quarry

South Sinks US Housing Starts Another 9.3% in June
U.S. housing production fell 9.3% in June thanks to a nearly 30% plunge in the South. All other regions saw starts increase.
July 17, 2014 – forconstructionpros.com

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