Despite falling oil prices, the cost of paving with asphalt continues to rise across the U.S., according to a recent analysis from the Portland Cement Association (PCA). PCA stated that asphalt prices have reached record highs during the last six months.
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PCA’s Sullivan Addresses Oil Impact on Construction
The falling cost of oil will not just impact consumers at the pump, but will lead to an impact on construction in the United States, according to Portland Cement Association Chief Economist and Group Vice President Edward J. Sullivan. Along with low oil prices that are beneficial to U.S. economic growth and an expected 20 to 30 basis points added to real…
Read MorePCA Economist Forecasts Optimism, Positive Gains in Housing
Residential housing starts will be on the increase in 2015 according to the Portland Cement Association (PCA).
Read MoreCongressional Action Needed for Proper Water Safeguards
By Mark S. Kuhar Rep. Steve Southerland (R-Fla.) has introduced “Waters of the United States Regulatory Overreach Protection Act” (H.R. 5078). This bipartisan legislation establishes safeguards that preserve important federal-state partnerships in protecting our nation’s waterways.
Read MoreCongressional Action Needed for Proper Water Safeguards
Rep. Steve Southerland (R-Fla.) has introduced Waters of the United States Regulatory Overreach Protection Act (H.R. 5078). This bipartisan legislation establishes safeguards that preserve important federal-state partnerships in protecting our nation’s waterways.
Read MorePCA Analysis Corrects Corker-Murphy Proposal Projections
Sens. Bob Corker (R-Tenn.) and Chris Murphy (D-Conn.) announced a plan calling for an increase in federal gasoline and diesel taxes to shore up the Highway Trust Fund (HTF) and prevent a potential nation-wide road construction work stoppage. According to initial reports, the taxes will generate $164 billion increase in HTF revenues.
Read MoreSteady Growth Ahead
May 27, 2014 – Although recent economic indicators point to a tempering of the U.S. economy, The Portland Cement Association (PCA) is maintaining its forecast for steady growth in construction and cement consumption during the next five years. A recent PCA forecast indicates a 7.9 percent increase in cement consumption for 2014, almost double from the 4.5 increase in 2013.
Read MoreLafarge Operations Honored for Technology Solutions
Lafarge North America won two Innovation awards from the Portland Cement Association (PCA). The Paulding Cement Plant, in Paulding, Ohio, won PCA’s 2014 Cement Industry Energy & Environment Award for Innovation, while the Cave in Rock Quarry, located in Cave in Rock, Ill., won PCA’s 2014 Safety Innovation Award.
Read MoreSullivan Predicts Growth at World of Concrete
January 22, 2014 – On the first day of the World of Concrete 2014 Show in Las Vegas, The Portland Cement Association’s Chief Economist Ed Sullivan forecast 8 percent growth in cement production this year, according to Don Marsh, editor of sister publication Concrete Products, who is reporting live from the show.
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