The forecast for construction sand and gravel operations in the Midwest indicates a decreasing trend from 2024 through 2028, starting at 77.01 and gradually declining to 73.23. Compared to the standing value in 2023 (not given in the dataset), this reveals a consistent year-on-year decrease of around 1.25%. The compound annual growth rate (CAGR) over these five years shows an average annual decline of 1.25%.
Future trends to watch for include potential increases in demand due to infrastructure development and urban expansion, which may alter these forecasts. Regulatory changes and environmental considerations could also significantly impact production costs and supply dynamics.
