P&Q Aggregate Industry Index at 376
The P&Q Aggregate Industry Index is designed to reflect the economic health of the U.S. aggregate industry. Various data are collected each month and plugged into a formula to derive a base number. Then, another calculation is made to arrive at the final count.
In January 2010, the Index stood at 200. It dipped below 200 by March of that year, and bottomed out (174) in December 2011. Since that time, the Index has been mostly on a steady climb, with occasional dips. It’s all-time high was in June of this year, when it reached 382.
For August, the Index stands at 376, and preliminary numbers suggest it may be poised for a slight bump upward next month.
About the Author: Darren Constantino
Darren Constantino is an editor of Pit & Quarry magazine. He can be reached at dconstantino@northcoastmedia.net.Subscribe to Pit & Quarry
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