Mountain States & Southwest Construction News

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Citing pent-up demand, Portland Cement Association chief economist Edward Sullivan say he expects to see a 5% growth in portland cement consumption in 2016, with a further 5.7% growth of growth in 2017. This is an improvement over the growth rate from 2015, which was only 3.5%. 

Colorado is ranked 5th on the current list while Utah placed 10th.
 

The percentage of consumers expecting business conditions to improve over the next six months rose from 14.5% to 16.2%.

In 2016, growth is expected in the European, North American and Indian equipment markets.

December showed moderate increases for each of the three main construction sectors—nonresidential, residential and nonbuilding construction.

Construction material prices fell for the sixth consecutive month in December, losing 1.2% on a monthly basis and 4% on a yearly basis.

Contractors expect a mix of private- and public-sector market segments will drive demand for construction in 2016.

The city of Yuma is accepting bids for improvements to the 16th Street and Fourth Avenue intersection.