Nonmetallic Minerals Index Rises

August 22, 2014 – Good big-picture news on the production front. According to USGS, the nonmetallic mineral products leading index increased 1.2 percent to 241.6 in July from a revised 238.8 in June, and its six-month smoothed growth rate increased to 7.4 percent from a revised 5.9 percent in June. The six-month smoothed growth rate is a compound annual rate…

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