Published September 28, 2016 | ALConcrete.org
The ACIA’s monthly economic data report called Trendlines provides members with the latest cement and ready mix consumption for the state, as well as housing permits issued for the 25 largest homebuilder association chapters. The report also provides historical production trends, and data included in the report will be based upon USGS cement shipments and utilizes a conversion factor to estimate ready mix production.
The full report is available by clicking here: Trendlines-September 2016.
June Ready Mix Production Provides Mixed Message
Based on USGS Cement Data, ready mix production for June 2016 saw an
increase of 3.91% over June 2015, but production dropped by 2.2% compared to
May 2016. Year over year, Alabama is still up 15.38% through the first 6
months of 2016 compared to 2015. While Alabama experienced a strong first
six months, preliminary data for July 2016 is forecasting a drop of almost
10% in relation to July 2015 production. Those numbers should be finalized
in the next two weeks.
Single Family Permits 13.8% Higher than July 2015
During the first seven months of 2016, Alabama has seen a 13.8% growth in
single family permits issued across the state compared to the first seven
months of 2015. However, July 2016 saw permits decrease by 12.3% compared to
July 2015. For the first seven months of 2016, 16 metropolitan markets have
seen a decrease compared to July 2015, and 12 markets are up year over year.
This is the first month losers exceeded markets up for year.
Cement Shipments Fall Off May Peak
Cement shipments to Alabama for June 2016 reached 103,002 tons. While this
is only the third time in 3 years the state has exceeded 100,000 tons for a
month, shipments have fallen off the high of May 2016 by 2.2%.