<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MEADOW VALLEY CORP & SUB AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 5,192,734 <SECURITIES> 0 <RECEIVABLES> 29,325,917 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 35,267,013 <PP&E> 9,594,170 <DEPRECIATION> 865,671 <TOTAL-ASSETS> 46,138,526 <CURRENT-LIABILITIES> 28,186,500 <BONDS> 6,550,039 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,601 <OTHER-SE> 12,707,235 <TOTAL-LIABILITY-AND-EQUITY> 46,138,526 <SALES> 103,132,598 <TOTAL-REVENUES> 103,132,598 <CGS> 97,518,432 <TOTAL-COSTS> 97,518,432 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 476,286 <INCOME-PRETAX> 1,684,067 <INCOME-TAX> 650,000 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,034,067 <EPS-PRIMARY> .29 <EPS-DILUTED> 0