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Post# of 113856
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researcher59

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Re: bbotcs post# 54959

Monday, 10/22/2018 9:09:11 AM

Monday, October 22, 2018 9:09:11 AM

Post# of 113856
USCR is 26% residential construction - some of that presumably being large apartment buildings - however residential is lower margin - the commercial and industrial is higher margin.

10K -

During 2017, commercial and industrial and residential construction accounted for 56% and 26% of our ready-mixed concrete revenue, respectively. In addition, federal and state budget issues may hurt the funding available for infrastructure spending, particularly street, highway and other public works projects, which accounted for 18% of our revenue in 2017.
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