Aggregates Manager Digital Magazine
Issue link: http://read.dmtmag.com/i/803901
AGGREGATES INDUSTRY OUTLOOK The Aggregates Industry Outlook continues to hit peak scores, inching ahead in March by 0.75 percent to an overall score of 140.38. Since October's survey, responses for both market conditions and production forecasts have been up — 'bigly.' Over the last six months, responses to a question about the industry outlook over the next 12 months have risen by 0.97 point on a 5-point system, with a highly optimistic average of 4.41. Responses to questions regarding production forecasts show even greater growth: quarterly production fore- casts are up 1.09 points, to an average of 4.22; six-month production forecasts are up 1.13 points, to an average of 4.27. With a pro-business sentiment in the air, we see a desire for projects to be fast tracked and shovel ready this year. — Daryl Zeiner, Sales Manager, The H&K Group We are seeing an increase in all kinds of infrastructure jobs being bid in Massachusetts. With asphalt, specifi cally, there is a 47-percent increase in tons bid over last year. So far this season, there have been over 1 million tons bid. And, in order to manufacture asphalt, you need aggregates. It's a very promising sign! — Karen Hubacz-Kiley, Chief Operating Offi cer, Bond Construction Corp. With the warmer weather this winter, aggregate sales are progressively better. — Jeff Craig, Project Manager, Irving Materials (I'm) really excited about the infrastructure funding as stated by President Trump in his address to Congress. I see a very positive upward trend in pricing and production for aggregates. — Jill Shackelford, President, Jill Shackelford Consulting Throughout the state of Florida, we are seeing sharp increases in aggregate consumption, driven largely by levels of residential and commercial development not seen in more than a decade. — Gregory Dayko, Principal, Inlet Capital Group, LLC We appear to be on a bit of an upward trend over last year. The previous six years have been nearly linear. I am quoting work everywhere so, hopefully, that is a positive indicator for the upcoming year. — Jon Thompson, President, Letart Corp. With President Trump's emphasis on infrastructure development and repair, the outlook is very bright for our industry. — Bob Fousek, President, FMR If 2017 is anything like 2016, it will be a record- setting year for the aggregates industry. — O.F. "Russ" Patterson, III, Chief Geologist, Patterson Exploration Services. Editor's note: To join our panel, email Editor-in-Chief Therese Dunphy at tdunphy@randallreilly.com. 100 105 110 115 120 125 130 135 140 145 150 Aggregates Industry Outlook Aug. 2016 Sept. 2016 Oct. 2016 Dec. 2016 Jul. 2016 Jan. 2017 Feb. 2017 Mar. 2017 Apr. 2017 Apr. 2016 May 2016 Jun. 2016 Mar. 2016 131.68 128.99 128.15 111.00 139.35 126.03 140.38 111.42 109.80 122.43 124.24 108.08 119.44 Source: U.S. Geological Survey QUARTERLY CRUSHED STONE REPORT Region/Division Quantity 3rd qtr. 2016 Percent change Quantity 4th qtr. 2016 Percent change New England 14,500 -2.1 9,890 -22.3 Middle Atlantic 46,000 -7.9 33,100 -18.2 East North Central 71,200 -1.9 55,100 -7.3 West North Central 39,400 -19.3 33,300 -12.2 South Atlantic 81,500 5 70,900 3.3 East South Central 38,300 -1.5 33,600 -5 West South Central 60,700 -8.9 54,500 -3.5 Mountain 25,200 14.2 15,900 3.7 Pacifi c 21,000 0.4 16,700 -6.6 TOTAL 395,000 -2.7 328,000 -4.1 Northeast: Midwest: South: West: