Ready mixed producers remain confident

The National Ready Mixed Concrete Association’s latest industry confidence index reached a 75.1 level for the first quarter of 2015.

The score comes amid a stock market at historic highs, positive companion economic indicators, and shipment figures showing 2014 as the first year since 2008 where US per capita ready mixed concrete consumption eclipsed one yard.

The association finds a 74.3 level for producers eyeing future market conditions, and an overall economic confidence level of 71.2, while respondents to the most recent quarterly survey were slightly less confident with the current economic climate, reporting a 66.5 confidence level,

The Producer Confidence Survey uses 2006-the best year for ready mixed concrete production and financial performance on record-as a 100-point index baseline. Overall, respondents report a 71.2 level of economic confidence.

As participation in the survey grows, the National Ready Mixed Concrete Association will target regional or state figures, along with national perspective.

Source

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