Aggregates Manager Digital Magazine
Issue link: http://read.dmtmag.com/i/908212
AGGREGATES INDUSTRY OUTLOOK The November Aggregates Industry Index fell to an overall score of 121.69, a 5.21- percent decrease from October. The monthly variation marks the most signifi cant month- over-month decline since late summer 2016. While reports for commercial sales were consistently strong, lack of infrastruc- ture investment, as well as the impact of proposed federal tax changes on residential construction, were key concerns. Ratings for the industry's outlook in the next year fell 9.1 percent from October reports. The outlook for quarterly sales experienced the most signifi cant decline — 9.5 percent — in month-over-month ratings. The only cate- gory to mark an increase in November was the outlook for monthly sales, which rose 5.2 percent over October ratings. October ratings, however, were unusually low due to a post-hurricane sales slump. The lack of suffi cient federal appropriations to fulfi ll the Fast Act programs is having a trickle-down effect in New York. This, combined with our governor's focus on social issues instead of infrastructure, is shrinking the transportation budget dramatically. Commercial volumes remain steady. — Bill Schmitz, Vice President, Quality Control and Sales, Gernatt Asphalt Products, Inc. The housing market has been steady with interest rates remaining low, however, the new tax plan could slow down growth, particularly on higher end homes. The commercial and government markets remain strong, and I see a continuation into 2018. Architects are busy, and the pipeline is full. — Daryl Zeiner, Sales Manager, The H&K Group 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 Dec. 2016 Aug. 2017 Sept. 2017 Oct. 2017 Nov. 2017 Jan. 2017 Feb. 2017 March 2017 April 2017 May 2017 June 2017 July 2017 Nov. 2016 140.38 129.36 135.06 133.61 134.60 128.38 121.69 132.37 139.94 122.43 139.35 124.24 108.08 10 15 Texas Texas Florida California California Tennessee Wisconsin New York Massachusetts Pennsylvania Missouri 5 6 10 5 7 9 7 11 5 TOP STATES Wheel Loader Excavators MOBILE EQUIPMENT FINANCED Type of Equipment 07/01/2017- 09/30/17 Wheel loader (250-1,000 horsepower) 155 Excavator (160-520 horsepower) 102 Wheel loaders Number fi nanced Cat 980M 17 Cat 982M 11 Cat 980K 8 Cat 988K 8 Cat 966M 7 Excavators Number fi nanced Cat 336FL 10 Cat 349FL 7 Cat 336EL 6 Deere 470 G LC 6 Deere 350 G LC 5 Komatsu PC360LC-10 5 Top models fi nanced Top models fi nanced