The U.S. Geological Survey reported that an estimated 644 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the second quarter of 2024, a decrease of 6% compared with that in the second quarter of 2023, according to Jason Christopher Willett, commodity specialist. The five leading states in descending order…
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Report: States Where Aggregate Prices Are Increasing the Most
As the U.S. economy has wrestled with the impacts of inflation over the last few years, construction has been one of the industries most impacted by rising costs. Construction materials were strongly impacted by supply chain breakdowns during the pandemic, which created shortages for key goods during a period of high demand. Hopes that price increases would level out as…
Read MoreSmart Solutions, Sustainable Outcomes – Embracing Water Management
By Ken Albaugh In a rapidly changing industry, mining and aggregates operators are balancing a growing demand for materials while navigating the complexities of regulatory compliance and environmental stewardship. At the center of this challenge is water, as a vital component in processing materials and as an increasingly scarce resource that must be protected. Effective water management has never been…
Read MoreFirst Look – July 2024
TOP NEWS TACA ConventionThe Texas Aggregates & Concrete Association (TACA) welcomed more than 600 attendees to its 70th Annual Meeting, June 12-14, at the JW Marriott San Antonio Hill Country Resort & Spa. The theme this year was “Preserving a Strong Foundation” – to support an enduring commitment to the environment, as well as fostering a workforce that will carry…
Read MoreThe Pulse
THE PULSE: CONSTRUCTION MATERIALS MARKET ANALYSIS PIERRE VILLERE’S MARKET ASSESSMENT In the latest update on the construction materials industry, the AVP Pulse Index experienced a modest increase of 0.1% for the month, but continues to gain ground with steady, but not overly strong, year-over-year growth of 3.8%. Over the past 36 months, the index increased 10.5%, indicating a slight slowdown in…
Read MoreAggregates Production Falls in First Quarter
The U.S. Geological Survey reported that the estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2024 was 455 million metric tons (Mt), a decrease of 3.9% compared with that of the same period of 2023.
Read MoreThe Pulse
By Allen-Villere Partners THE PULSE: CONSTRUCTION MATERIALS MARKET ANALYSIS PIERRE-VILLERE’S MARKET ASSESSMENTIn the latest update on the construction materials industry, the AVP Pulse Index experienced a modest decline of 0.7% for the month, although it experienced a strong year-ever-year growth of 5.5%. Over the past 36 months, the index increased impressively by 13.7%, indicating sustained strength within the sector. Notably, industry stocks continue to…
Read MorePermitting from South Carolina
According to the Times and Democrat, the nation’s largest producer of construction aggregates has applied for permits to establish a limestone quarry and processing plant on Addidas Road, less than four miles southeast of the town of Eutawville, S.C. A subsidiary, Vulcan Construction Materials LLC, proposes to lease multiple tracts totaling 693 acres from a sister subsidiary called Vulcan Lands…
Read MoreUSGS Finalizes 2022 Production Data
The United States Geological Survey reported that throughout the United States in 2022, a total of 1,400 companies operating 3,585 quarries and 333 sales/distribution yards produced crushed stone and 3,360 companies operating 6,500 pits and 292 sales/distribution yards produced construction sand and gravel. A total of 2.49 billion metric tons (Gt) of construction aggregates (construction sand and gravel plus crushed…
Read MoreHousing Demand Has Jumped
The popular business press, including the cable news channels, are awash in reports that housing demand has already jumped on just the notion of rate cuts later this year, and the jump is expected to become a surge as I have been predicting. Remember, I have said for the last several months that when the Fed signaled inflation was headed…
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