Oct. 10, 2022 – Portland Cement Association Chief Economist Ed Sullivan noted in Denver at the ConcreteWorks show that housing market weakness will bring 2023 cement consumption down 3.5% from 2022 levels (trending +2.9% vs. 2021), followed by gains in the 1-3.5% range over the next three years. The Infrastructure Investment and Jobs Act will definitely help producers but not offset volume losses in…
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PCA’s Sullivan Factors Ukraine into Revised U.S. Construction Forecast
Portland Cement Association (PCA) Chief Economist Ed Sullivan has warned about the potential for a dip in cement consumption and concrete output attributable to the Russia-Ukraine conflict. At a joint luncheon in San Antonio during the PCA and National Ready Mixed Concrete Association 2022 conventions, he offered three scenarios for U.S. shipments through 2024:
Read MorePCA Announces 2022 Focus at World of Concrete
Portland Cement Association (PCA) President and CEO Mike Ireland, Senior Vice President and Chief Economist Ed Sullivan and Senior Vice President of Sustainability Rick Bohan unveiled the near-term goals and 2022 focus for the cement and concrete industry’s Roadmap to Carbon Neutrality, a plan to make the entire value chain carbon neutral by 2050, at the 2022 World of Concrete…
Read MorePCA Releases Regional Cement Consumption Forecasts
The Portland Cement Association (PCA) Market Intelligence Group released its Spring 2021 Regional Forecasts for the Northeast, Central, West and Southeast United States. These forecasts cover cement consumption and real put-in-place construction spending.
Read MorePCA Predicts Moderate Cement Growth
The latest Portland Cement Association (PCA) forecast of U.S. cement consumption sees year-over-year gains of 2.6 percent and 2.8 percent in 2017 and 2018, respectively, versus uniform 3 percent levels projected earlier this year.
Read MorePCA: Cement Consumption, Clinker Imports to Grow
U.S. cement consumption will continue its growth trend in 2015, according to the Portland Cement Association (PCA).
Read MoreAggregates Production Strong in First Quarter
The estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2014 was 370 metric tons (Mt,) an increase of 7 percent compared with that of the same period of 2013, according to the U.S. Geological Survey. “The revised estimated annual output produced for consumption in 2013 was 2.03 billion metric tons (Gt,) still…
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.
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