Construction Growth Projected
April 30, 2012 – Good news just in from the Portland Cement Association (PCA). Stronger than expected job creation and the beginning of a construction industry recovery means that gains in real construction spending will materialize this year—after seven years of consecutive declines. Increases in cement consumption will follow. PCA revised its fall forecast upward, anticipating a modest 3.7 percent increase in 2012, followed by a 7.6 percent jump in 2013 and a 14.1 percent increase in 2014.
Published: Monday, 30 April 2012 14:06
Written by Mark Kuhar
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