Pit & Quarry, February 2019

UPtoSPEED ECONOMY DODGE MOMENTUM INDEX RISES IN NOVEMBER The Dodge Momentum Index moved 53 percent higher in November to 1597 from a revised October reading of 1517 reports Dodge Data Analytics According to Dodge Data Analytics Novembers gain was due to a 94 percent rebound for the commercial component of the Dodge Momentum Index CONSTRUCTION CONSTRUCTION SPENDING DROPS IN LATEST REPORT Construction spending dipped in October from September but still increased from the October 2017 total according to an analysis of new census data from the Associated General Contractors of America AGCA Total construction spending in October reached a seasonally adjusted annual rate of 1309 trillion a 01 percent drop from September but a 49 percent increase from October 2017 COMMUNITY RELATIONS CEMEX HOSTS 5K RACE Cemex USA hosted the inaugural Quarry Quest 5K race at the companys FEC Quarry in Miami to support nearly 38000 South Florida Boy Scouts About 350 runners and walkers participated in Quarry Quest a timed race that followed a course weaving through the FEC Quarry PRODUCTION Crushed stone sand and gravel production up in latest report n estimated 694 million metric tons Mt of total construction aggregate were produced and shipped A for consumption in the United States in the third quarter of 2018 the United States Geological Survey USGS reports The 694 Mt total is a 5 percent increase compared with the third quarter of 2017 For the first nine months of 2018 estimated construction aggregate production for consumption was 177 billion metric tons a 5 percent increase from the same period of 2017 The five leading states were in descending order of production for consumption Texas California Pennsylvania Ohio and Minnesota Their combined total production for consumption in the first nine months of 2018 was 497 Mt a 6 percent increase compared to the same period from 2017 An estimated 405 Mt of crushed stone was produced and shipped for consumption in the United States in the third quarter of 2018 a 4 percent increase compared with the same time period of 2017 Estimated production for consumption in the first nine months of 2018 increased 3 percent compared with the first nine months of 2017 totaling 105 billion metric tons The five leading states were in descending order of production for consumption Texas Pennsylvania Florida Ohio and Illinois The combined total production for consumption of these five states for the first nine months of 2018 was 337 Mt an increase of 4 percent from the same 2017 period That figure represents 32 percent of the U S total The estimated output of construction sand and gravel produced and shipped for consumption in the third quarter of 2018 was 289 Mt an 8 percent increase compared with the third quarter of 2017 For the first nine months of 2018 the estimated production and consumption of construction sand and gravel was 720 Mt a 7 percent increase from the same period of 2017 The five leading states were in descending order of production for consumption California Texas Minnesota Michigan and Arizona Their combined total production for consumption in the first nine months of 2018 was 269 Mt a 14 percent increase from the same period of 2017 and representing 37 percent of the U S total 10 PIT QUARRY February 2019 pitandquarry com ZACH MENTZ ICYMI I N C A S E Y O U M I S S E D I T Aggregate production in the third quarter of 2018 improved 5 percent compared to third quarter 2017 according to USGS