Monday, June 19, 2006

Pit & Quarry Index

Well, the numbers are in, and the Pit & Quarry Index for June (to be published in our July issue) is 231. This is the highest number ever recorded for the index. While industry stocks have taken a tumble, other economic indicators are strong, leading to this month's strong showing. The recently released production report from USGS indicated record first-quarter production. This most-recent Pit & Quarry index is an early indication that next quarter's production statistics will be good as well. Your comment?