According to the newly developed Producer Confidence Index, conducted by NRMCA over the last two weeks of June, ready mixed concrete producers have a positive outlook on current economic conditions in the industry and are even more positive about future expectations. The survey uses 2006, the best year for ready mixed concrete production and financial performance on record, as a baseline to assume a 100 point positive PCI. Overall, respondents reported a 71.2 level of economic confidence. Respondents were slightly less confident with current economic conditions, reporting a 66.5 confidence level. However, the survey showed a 74.3 confidence level for future economic conditions. This inaugural survey included 75 member companies from a population of 595 ready mixed concrete producer members.

NRMCA’s PCI survey will be conducted each quarter to gauge economic attitudes in the ready mixed concrete industry. As participation in the survey grows, NRMCA hopes to be able to provide regional/state results as well as the national perspective.