Report: Aggregate industry reaps economic benefits

By |  March 7, 2017

The Phoenix Center released an economic scorecard, “The Economic Impact of the Natural Aggregates Industry: A National, State, and County Analysis,” which details the effect of the aggregate industry on the economy and jobs.

According to the scorecard, quarries are significant contributors to the economic well-being of the United States. The industry generates $27 billion in annual sales and employs 100,000 skilled workers earning above-average rates, the scorecard adds.

In addition, the aggregate industry supports $122 billion in national sales, $32 billion in national earnings, and between 364,000 and 600,000 jobs across a range of occupations and industries. According to the scorecard, each job in the industry supports an additional 4.87 jobs throughout the economy, and each dollar of earnings creates another $4.19 of earnings in other sectors.

The scorecard also notes that production in the aggregate industry is closely linked to the construction and maintenance of residential, commercial and government buildings, as well as transportation infrastructure.

Download the entire free report here.

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About the Author:

Allison Kral is the former senior digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.

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