Feb. 10, 2025 – One of the top economists in the industry is stepping down. Ed Sullivan, senior vice president of market intelligence and chief economist, announced his resignation from the Portland Cement Association (PCA), effective March 1. His economic forecasts have long been a mainstay of the construction-materials industry. “After 22 years, I have resigned from PCA as chief…
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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: Cement Consumption Continues to Climb
The Portland Cement Association (PCA) Market Intelligence Group’s Senior Vice President and Chief Economist Ed Sullivan presented the association’s annual summer cement market outlook, predicting an increase in cement consumption over the next four years.
Read MorePCA Releases Spring Market Outlook
The Portland Cement Association (PCA) Market Intelligence Group’s Senior Vice President and Chief Economist Ed Sullivan recently presented the association’s annual spring cement consumption forecast, predicting an increase in cement consumption for 2021 and 2022.
Read MorePCA Adjusts Winter Forecast
Feb. 3, 2021 – The Market Intelligence Group at the Portland Cement Association (PCA) released a webinar explaining adjustments to its winter forecast due to the United States’ bumpy COVID-19 vaccine rollout.
Read MoreSullivan 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…
Read MoreSullivan Forecasts Modest Cement, Construction Growth
The Portland Cement Association (PCA) held a press conference at the 2020 World of Concrete in Las Vegas, where PCA Senior Vice President and Chief Economist Ed Sullivan predicted cement consumption to stay at moderate growth levels through and into 2022.
Read MoreICSE Kicks Off in Atlanta
Nov. 19, 2019 – The 38th International Cement Seminar and Exhibition (ICSE) kicked off with a bang this morning in Atlanta, as Portland Cement Association Economist Ed Sullivan delivered a well-attended Keynote on the economy and his projections for cement production. Sullivan noted that while we may see slower economic growth, there are no clear signs to indicate a recession in the future. He also…
Read MorePCA Forecasts Moderate Cement Consumption and GDP Growth
The Portland Cement Association (PCA) released its annual Fall Forecast, which predicts moderate growth for cement consumption through 2019 and into 2020. PCA Market Intelligence expects cement consumption will grow by 2.4% in 2019, 1.7% in 2020, and 1.4% in 2021.
Read MorePCA’s Sullivan Offers Favorable Economic Forecast
Economic momentum supported by tax reform and federal infrastructure programs will play key roles in the demand for concrete construction in the years ahead, said Ed Sullivan, Portland Cement Association (PCA) senior vice president and chief Economist.
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