The nonmetallic mineral products industry-leading index increased 0.1 percent to 253.3 in December from a revised 253.0 in November; however, its 6-month smoothed growth rate decreased to 7.5 percent from a revised 8.1 percent in November, according to the U.S. Geological Survey.
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Nonmetallic Mineral Products Index Soars Higher
The nonmetallic mineral products industry leading index increased 2.2 percent to 252.7 in November from a revised 247.3 in October, and its six-month smoothed growth rate increased to 7.9 percent from a downwardly revised 4.1 percent in October.
Read MoreKey USGS Nonmetallic Mineral Products Indexes Rise
The Nonmetallic Mineral Products Industry Indexes increased 2.2 percent to 246.0 in August from a revised 240.7 in July, and its six-month smoothed growth rate increased to 3.6 percent from a revised -0.6 percent in July, according to the U.S. Geological Survey’s (USGS) National Minerals Information Center.
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