Ready mixed producers confirm positive market outlook
- Written by Concrete News
Source: National Ready Mixed Concrete Association, Silver Spring, Md.
NRMCA’s premier Producer Confidence Index, based on results of a 75-member survey conducted the second half of June, indicates favorable sentiments on current economic conditions and positive view of future business prospects.
The survey uses 2006, the best year for ready mixed concrete production and financial performance on record, as a baseline for a 100-point positive Index. Respondents report a 71.2 level of overall economic confidence; 66.5 level for current economic conditions; and, 74.3 level for the future. NRMCA will conduct the Producer Confidence Index survey quarterly, aiming for participation levels that yield state, regional and national perspectives.