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:

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PCA 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…

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That’s A Lot of Money Per Year

Aug. 10, 2021 – When the FAST Act was signed into law in 2015 by President Obama, it averaged $45 billion per year in spending on roads and bridges. Contrast that to the Infrastructure Investment and Jobs Act just passed by the Senate. The bill, which now goes to the House, averages just over $70 billion per year, according to National Stone, Sand & Gravel Association Vice…

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Bipartisan Infrastructure Framework Reached

President Biden and a bipartisan group of senators have announced a deal on infrastructure spending. The agreement focuses on investments in roads, bridges, railways and broadband internet, but it does not include investments Biden has referred to as “human infrastructure,” including money allocated for child care and tax credits for families.

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