Preliminary Production Numbers Released
- Written by Mark Kuhar
February 22, 2012 – The sneak peek isn't what we hoped. A preliminary report from the U.S. Geological Survey indicates that an estimated 273 million metric tons of crushed stone were produced in the fourth quarter of 2011, compared to 348 mmt in the third quarter of last year, a 22 percent decline. Preliminary year-to-date production was 1,130 mmt for 2011 compared to 1,160 mmt in 2010, a 3 percent decrease. The estimated output of construction sand and gravel produced in the fourth quarter of 2011 was 195 mmt, compared to 271 mmt in the third quarter of last year, a 28 percent decline. Year-to-date production was 816 mmt, a 1 percent decline from 825 mmt in 2010. Decreases in domestic production for construction materials (cement, construction sand and gravel, and crushed stone) were large compared with production of the third quarter of 2011, but partly seasonal. Total construction spending during 2011 was 2 percent less than that in 2010 and this was reflected in the slight decline in production of construction materials between 2010 and 2011.