New construction starts to rise 2% in 2012, says McGraw-Hill midyear update

Source: McGraw-Hill Construction, New York City McGraw-Hill Construction, part of The McGraw-Hill Companies recently released its 2012 Dodge Construction Outlook Midyear Update projections, which revise the forecasts provided last October at the firm’s annual Outlook Conference in Washington, D.C. The latest forecast predicts that total construction starts for the U.S. will increase 2 percent this year to $445 billion, up…

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Cement Totals—March 2012

Source: U.S. Geological Survey, Reston, Va. Total shipments of portland and blended cement in the United States and Puerto Rico were 6.0 million mt in March 2012, according to the USGS. This was 11 percent higher compared with shipments for March 2011. Shipments for the year through March were 15.2 million mt, up about 20 percent for the same period…

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MIT engineers model pavements’ potential for $15 billion in fuel savings

Source: Massachusetts Institute of Technology, Cambridge A new MIT study shows that using stiffer road pavements could reduce vehicle fuel consumption by as much as 3 percent—a savings that could add up to 273 million barrels of crude oil per year, or $15.6 billion at current prices. This would result in an accompanying annual decrease in carbon dioxide emissions of…

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