Aggregates Manager

June 2014

Aggregates Manager Digital Magazine

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Page 16 of 207

M&A REPORT • 15 A t mid-year 2013, the U.S. Geo- logical Survey (USGS) had reported flat results in con- struction aggregates. While the residential market was showing life, the results had not impacted the sector's reported volumes; however, by year-end, the sector was showing life. The increased activity and the promise for continued growth sparked a rally in the sectors stock prices in 2014. Chart 1 presents FMI's Construction Materials In- dex (CMI) comprising the results of 13 construction materials companies. The table below the graph pres- OUTLOOK AHEAD Improved After finally exhibiting signs of life at the end of 2013, the construction materials market shows promise for future growth. Chart 1: 10-Year CMI comparison Source: CapIQ, FMI

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