Higher cement, gravel sales hint at building recovery

05/13/2010 | Bloomberg

Improved monthly sales at major cement and gravel producers offer indications that the construction market is finally headed for recovery. Cemex SAB, a cement producer, and gravel supplier Vulcan Materials are reporting higher sales. "This upturn, even though it's still based on limited data, is to be believed," said Ed Sullivan, chief economist of the Portland Cement Association.

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