Economy

What Trump's Proposed Wall Means for the Construction Aggregates Industry

With the presidential election campaign season is in full swing, the experts at Sanford C. Bernstein & Co. decided to publish a report analyzing the economic benefactors of the Republican Presidential Nominee Donald Trump’s proposed border wall between the United States and Mexico.

Aggregates Industry Faces Workforce Shortage

Written by Alyssa Burley.

The construction aggregates industry is facing a shortage in its workforce. According to the Bureau of Labor Statistics (BLS), the median age for someone working in the mining, quarrying, and oil and gas extraction industries was 41.5 in 2014. Younger generations are not entering the industry like they used to. As a result, the issue is becoming a common topic of concern throughout the industry.

How Mining Made California

Written by Crystal Howard

Mining has been an important part of California’s economy and history for generations. The California Gold Rush propelled San Francisco from a 200-resident settlement in 1846 to a boomtown of about 36,000 by 1852. As a result, California became the center of global imagination and a desirable destination for hundreds of thousands of people. From an economy that was too small to measure before the Gold Rush, California is now the eighth ranking economy in the world and mining has been there to support its growth from the beginning.

San Diego County’s Recommended Budget Sets Expectation For Future Transportation and Infrastructure Spending

Written by Alyssa Burley.

San Diego County’s Fiscal Year 2015-2016 recommended budget was introduced on May 5, 2015 to the Board of Supervisors by Chief Administrative Office Helen Robbins-Meyers.

According to the San Diego County News Center, within the budget, $58.7 million is allocated towards transportation and infrastructure projects:

  • $24 million – Maintaining Roads
  • $13.3 million – Road Reconstruction and Improvements
  • $1.3 million – New Sidewalks and Pathways
  • $1.8 million – Traffic Signal Improvements
  • $6.6 million – Intersection Improvements
  • $3.2 million – Drainage Improvements
  • $8.5 million – Ensure County Bridges Remain Structurally Sound and Safe

This means the region will need to ensure local construction aggregates supplies are available for these projects.

San Diego Debates Minimum Wage Increases

At a recent Leaders of Change luncheon hosted by The North San Diego Chamber and partnered with the San Diego Regional EDC, San Diego County Taxpayer Association, San Diego Workforce Partnership® and KPBS, the minimum wage debate continued. The panel discussed the impact a minimum wage increase would have on San Diego’s economy. The event was held on October 7, 2014 at Sony Electronics, Inc. in Rancho Bernardo.

The Mineral Resource Industry Has Positive Impact on California Economy

California’s mineral resource industry is being threatened by the recent introduction of Senate Bill 1270 (Pavley). This proposed legislation will radically alter the balance between mineral resource production and regulatory oversight.

The mineral resource industry, such as construction aggregate, in California is essential to the State’s economy. It provides the materials needed to build and maintain roads, bridges, homes and commercial buildings, as well as provide jobs for thousands of Californians.