Aggregates Manager Digital Magazine
Issue link: http://read.dmtmag.com/i/708006
In June, the Aggregates Industry Outlook (AIO) bounced 1.68 percent from May, to an overall score of 128.15. With 100 as a neutral rating, respondents continue to be consistently positive. Results were up across four of the six questions. Respondents were slightly more optimistic about the outlook for their own businesses (3.95 on a 5-point rating scale) than the industry as a whole (3.90). The most positive outlook responses (4.05) were for demand during the upcoming quarter, with results falling slightly with longer projection terms of six months (3.89) and 12 months (3.62). We have a very positive forecast across all product lines for the next 12 months. Fuel costs and interest rates, even with moderate increases, should not have a signifi cant dampening effect. — Rick Gerroll, Sales Executive, County Materials Corp. If the rain slows down, the next six months will be better than last year. — O.F. "Russ" Patterson, III, Chief Geologist, Patterson Exploration Services The aggregate industry, as far as I can tell as a consultant to the industry, is relatively upbeat. Most of my clients have a positive outlook for the remaining 2016 season. Even frac sand exploration activities have picked up in some parts of the United States. — Mark J. Zdunczyk, Consulting Geologist, Mark J. Zdunczyk, LLC We're noting market stagnation in Illinois and western Kentucky for public works projects, likely attributed to state budget impasses. Coupled with the downturn in the coal industry, with their direct and indirect de- mand for aggregate, we're even seeing some price erosion. Middle Tennessee demand remains robust. — Robert L. Stone, Manager of Sales and Compliance, Hunter Sand & Gravel, LLC July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 May 2016 June 2016 July 2016 March 2016 100 110 120 130 140 150 Aggregates Industry Outlook 129.05 130.00 128.42 130.99 125.60 127.51 128.61 131.68 128.99 126.03 128.15 122.49 Editor's note: To join our panel, email Editor-in-Chief Therese Dunphy at tdunphy@randallreilly.com. Comments: 6 AGGREGATES MANAGER / July 2016