Aggregates Manager Digital Magazine
Issue link: http://read.dmtmag.com/i/917007
by Therese Dunphy | Editor-in-Chief | tdunphy@randallreilly.com FORECAST 10 AGGREGATES MANAGER / January 2018 F ollowing the November 2016 election cycle, optimism was up — way, way up — in the aggregates industry. In fact, respondents to the Aggregates Man- ager 2016-17 Forecast Survey gave the highest rated predictions since we began tracking industry sentiment in 2004. The question was: could 2017 results live up to these high expectations? The answer is a resounding "yes," according to the results of the Aggregates Manager 2017- 2018 Forecast Survey. The survey assesses production trends for the current year and asks pro- ducers their expectations for the coming year. Over its 14-year history, forecast responses have proven to be quite accurate, and last year's rosy forecast was, once again, on target. A total of 48.1 percent of respondents predicted either an excellent or very good year in 2017. Actual results show 47.9 percent (-0.2 percent) of respondents reporting excel- lent or very good results. The greatest disparity between the 2017 forecast and actual results were within the good and fair results. Good results were 3.4 percent higher than forecast, while 3.4 percent fewer than predicted reported fair results. While the percentage of respondents reporting poor results was slightly higher than anticipated (+0.2 percent), 2017 After a year of mixed business ratings, operators are optimistic about their odds in 2017. Expectations Expectations Expectations Expectations Great