73 member companies participated in NRMCA’s 3rd Quarter Producer Confidence Index (PCI) conducted during the first two weeks in October. While the overall PCI dropped due to an increase in the number of participants over the 2nd quarter, the PCI Current Expectations Index remained steady at 66.5, reflecting mild optimism concerning current market conditions. The PCI Future Expectations Index, looking over the next six months also remained steady at 74.3, suggesting a slightly higher degree of confidence moving into the first half of 2016. 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. NRMCA’s PCI survey is conducted each quarter to gauge economic attitudes in the ready mixed concrete industry.
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