AEM Holds Infrastructure Briefing

Associated Equipment Manufacturers (AEM) hosted a virtual briefing for dozens of national and trade reporters to discuss current federal infrastructure proposals and their potential impact on the $288 billion equipment manufacturing industry.  The briefing featured AEM President Dennis Slater; AEM Infrastructure Vision 2050 Taskforce Chair and Vermeer Corp. President and CEO Jason Andringa; and AEM Infrastructure Vision 2050 Taskforce Vice…

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AEM Commits to Transformational Investment in U.S. Infrastructure

The Association of Equipment Manufacturers (AEM) announced its commitment to a set of national policy priorities to revitalize the infrastructure systems that move the American economy. The announcement comes as the Brookings Institution published its new report outlining a new affirmative vision for U.S. infrastructure titled “Rebuild With Purpose: An Affirmative Vision for 21st Century American Infrastructure.” 

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Strong Public Support for Investment in Infrastructure

Eight in 10 Americans believe investing in infrastructure will stimulate the economy and is vital for future growth, according to an Ipsos Global Advisor survey conducted in 27 countries in partnership with the Global Infrastructure Investor Association (GIIA). The survey is the largest of its kind looking at the public’s attitudes toward infrastructure and investment. It finds nearly two-thirds of…

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ASCE’s Infrastructure Report Card Gives U.S. ‘C-‘ Grade

The American Society of Civil Engineers (ASCE) released the 2021 Report Card for America’s Infrastructure, its latest quadrennial assessment of the nation’s infrastructure. The report card gives the United States an overall grade of C- and finds the country is spending just over half of what is required to support the backbone of the economy.  

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U.S. Chamber CEO Urges a Rally for Recovery Through Infrastructure and More

In his annual State of American Business speech, U.S. Chamber of Commerce CEO Thomas J. Donohue outlined the path for a widespread economic recovery through a bold agenda of infrastructure investments, workforce reskilling, immigration reforms and reinvigorating America’s global competitiveness. Additionally, he warned that excessive regulations and anti-competitive taxes would undermine the recovery.

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Infrastructure an Economy Boost

Dec. 8, 2020 – The Biden administration is eyeing a major infrastructure package as a way to boost the economy and advance its climate priorities, with lawmakers on both sides of the aisle eager for progress after four years of fits and starts under President Trump, according to an article in The Hill. Democrats and Republicans alike agree that the nation’s crumbling…

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PCA Forecasts Cement Consumption Decline Into 2021

The Portland Cement Association (PCA) released its annual Fall Forecast, which predicts a modest decrease in cement consumption during 2020 and 2021. PCA Market Intelligence expects cement consumption, based on the weighted average of three different economic scenarios, will lessen by 1.5% for the remainder of 2020 and 0.9% in 2021.

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Sullivan Speaks

Sept. 8, 2020 – Portland Cement Association Chief Economist and Senior Vice President Ed Sullivan postulated two likely economic scenarios for the future as he gazed into his crystal ball. In the newly released briefing, “Coronavirus Impacts on the US Cement Industry,” Sullivan suggests the possibility of a W-shaped model that includes a slide back into recession due to a significant rise…

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