With the stock market at historic highs, other economic indicators pointing in the right direction and 2014 results that show it was the first year since 2008 that the United States consumed more than one cubic yard of ready mixed concrete per person, it perhaps comes as no surprise that the latest Producer Confidence Survey of NRMCA members, conducted in April 2015, shows the industry’s confidence index at its highest point since the survey began, with members reporting a 75.1 confidence level in the first quarter of 2015. 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. 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.

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.