Aggregates; Construction Markets Rising Higher
- Published: Friday, 20 June 2014 10:18
- Written by Mark Kuhar
As debate over a new highway bill and an increase in gas taxes to support the highway trust fund heat up in Congress, both the aggregates and construction markets started off the summer with bang. The estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2014 was 370 metric tons (Mt,) an increase of 7 percent compared with that of the same period of 2013, according to the U.S. Geological Survey. “The revised estimated annual output produced for consumption in 2013 was 2.03 billion metric tons (Gt,) still a slight increase compared with the reported annual output for 2012,” said Construction Aggregates Commodity Specialist Jason Willett.