Trendlines Statewide Monthly Construction Data- July

Data recently released by the United States Geological Service show 107,518 tons of cement were shipped to the state during March 2020. The March total is an 11.6% decrease over the same period in 2019. Comparing March 2020 and February 2020, the state did experience a 23% grow month over month. The large increase from February to March was highly anticipated as the state had begun drying out from the many wash out days during the first two months.

Looking to ready mix volumes, we estimate 398,139 yards of concrete were placed during March. The figure represents the largest volume the state has seen since October 2019. Most members are reporting they are busy and volumes are currently strong. However, on the ACIA conference call with Ahmad Ijaz from the University of Alabama, Ijaz reported the state has already seen a drop off in residential and commercial construction in 2020. He predicted residential construction would return to 2019 levels in early 2021 with commercial returning mid 2021. As such, it is highly probable the state will continue to lag behind the 2019 totals.

If you have any questions about this report, please contact our office.

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