Aggregates Manager Digital Magazine
Issue link: http://read.dmtmag.com/i/661453
In March, the Aggregates Industry Outlook (AIO) experienced a growth spurt, increasing 2.39 percent against February, to an overall score of 131.68. Overall sentiments are buoyant, despite an increase in fuel prices. All publicly held companies experienced positive stock market gains at press time. While the 2016 season appears to be developing positively, longer projections are less clear. Comments: In spite of national and world markets appearing soft, I believe the construction industry is looking at a positive year. — Rick Gerroll, Sales Executive, County Materials Corp. The late winter/early spring demand has been positive relative to expectations, though small over the course of the year. Backlogs for the fi rst half are solid creating optimism. — Damian Murphy, Regional President, Summit Materials. While 2016 looks very positive and is trending to be an excellent year, there is still reservation what 2017 will hold. — Daryl Zeiner, Sales Manager, The H&K Group All indications seem to support our projections that the requirement for aggregate in middle Tennessee will be strong in 2016. Requirements in southern Illinois and western Kentucky, by contrast, appear to be neutral. Win- ter weather and precipitation are taking a toll on demand presently, but should improve in the coming weeks. — Robert L. Stone, Manager of Sales and Compliance, Hunter Sand & Gravel, LLC We are concerned, as everyone else, with the world economy. Oil prices, base metals, and most industrial minerals are in the tank worldwide. Are we in for a huge crash in 2016? —O.F. "Russ" Patterson, III, Chief Geologist, Patterson Exploration Services July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 100 110 120 130 140 150 Aggregates Industry Outlook 129.05 130.00 128.42 130.99 125.60 127.51 128.61 131.68 122.49 AGGREGATES MANAGER / April 2016 5