Wednesday, January 07, 2009

P&Q Index Rises


The Pit & Quarry Index number, which will be released in the February issue, has risen to 225. This is very good news. The decline seen in January may have been a bottoming out. The number had plummeted from a 2008 high of about 250 in October down to 187 in January. This time, 8 of the 9 statistics used to calculate the figure have risen. That's very rare, and a pretty good sign that we might be turning the corner. Your comment?

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