Tracking aggregates production in the United States is no small feat, so kudos to U.S. Geological Survey Commodity Specialist Jason Willett, who diligently compiles that data quarterly for all of us to peruse. Data for the second quarter and first half of the year is now available. An estimated 662 million metric tons of total construction aggregates was produced and…
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Who Is Snapping Up All The Houses?
We are never-ending in our firm’s quest for up-to-the-minute data that we can analyze and then draw conclusions on how that data drives the construction aggregate market, and every now and then, we get tossed a big surprise that we did not expect. Take a recent, seminal report from a major investment bank that conducted a deep dive into the…
Read MoreThe Pulse: The Economy will Continue to Remain Steady
The economy will continue to remain steadily apace, interest rates will stabilize and possibly as early as sometime next year, look for another broad economic expansion that will be a boon to construction aggregates, according to the latest edition of The Pulse, the quarterly economic report from Allen-Villere Partners and Rock Products. The Pulse is the construction-materials industry’s premier economic…
Read MoreThe Pulse (Fourth Quarter 2023 Edition)
By Allen-Villere PartnersThe Pulse and the AVP Pulse Index, are joint projects between mergers-and-acquisition advisors Allen-Villere Partners, and Rock Products. The Pulse appears quarterly in Rock Products, and the AVP Pulse Index appears monthly. The Federal Reserve has raised its benchmark rate 11 times to cool inflation, with the latest rate increase of 25- basis-points in July. This puts the federal funds target…
Read MoreAggregates Pricing Over The Past 30 Years
History Will Not Repeat Itself For The Aggregates Industry. By Barry Hudson and Laura Georgi Over the past 30 years, the price evolution of construction aggregates in the United States has experienced various trends and fluctuations. Construction aggregates, including sand, gravel, crushed stone and other materials, are essential components in the construction industry, used for various applications such as road…
Read MoreA Recession Isn’t Going to Happen
I speak at various industry conferences, sometimes as often as 10 times a year, and I also write this regular monthly column along with one for our sister publication, as well as occasional other articles. This gives me a great pulpit to occasionally espouse our firm’s go-against-the grain view of the general economy, and our industry in particular, especially when…
Read MoreAggregate Mine Water Management
A Holistic And Smart Approach Works. Delta Sand & Gravel Co. Can Attest To That. By Ken Albaugh As part of Xylem’s turnkey solution, a slurry pump was installed to pump 3,000 gpm of water and fine material through 1,600 ft. of 12-in. SDR11 HDPE. This pump is robust and reliable, capable of pumping this harsh material with minimum maintenance…
Read MoreThe Pulse (Third Quarter 2023 Edition)
By Allen-Villere Partners The Pulse and the AVP Pulse Index, are joint projects between mergers-and-acquisition advisors Allen-Villere Partners, and Rock Products. The Pulse appears quarterly in Rock Products, and the AVP Pulse Index appears monthly Almost all the publicly traded companies in the Construction Materials space are trading at or near their 52-week high, indicating an overwhelmingly positive outlook among investors for…
Read MoreGraniterock Responds to California Storm Damage
According to Graniterock, Winter 2023 was one for the history books with a steady beat of atmospheric rivers dumping rain and snow at a pace we haven’t seen in years. The good news is the very wet winter has nearly erased California’s drought concerns with full reservoirs and record snowpack. However, the cost of flooded highways, broken levees and other…
Read MoreUSGS: Aggregates Production Flat in 2022
By Mark S. Kuhar At the start of 2022, it was highly anticipated that aggregates production would rise to about 2.80 billion metric tons (Gt) for the year. Well, final numbers are in and the estimated annual output of construction aggregates produced for consumption in 2022 was 2.44 Gt, unchanged from that of 2021, according to Jason Christopher Willett, commodity…
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