The Essential Minerals Association (EMA) released the following statement encouraging the Trump administration to refrain from implementing tariffs on imports from Canada and Mexico:
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Economist Ed Sullivan to Depart PCA
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…
Read MoreTariff-wise PCA Frames Canada, Mexico Imports in Tonnage, Destination Terms
The Portland Cement Association (PCA) has weighed in on the national debate over international tariffs proposed by the Trump Administration.
Read MoreSullivan Touts Rate Cuts as Benefit to Construction Economy
Ed Sullivan, the chief economist and senior vice president of market intelligence for the Portland Cement Association (PCA) – which represents America’s cement manufacturers – said the Federal Reserve’s recent move to lower interest rates coupled with easing inflation signals a significant retreat in interest rate levels by the end of next year … all to the benefit of construction activity.
Read MorePCA’s Sullivan Makes Prediction at WOC
Jan. 17, 2023 – Portland Cement Association’s (PCA) Chief Economist and Senior Vice President of Market Intelligence Ed Sullivan predicted a stronger U.S. economy during the first half of this year than was previously expected but believes there will likely be a slowdown in economic growth starting this summer.
Read MoreSullivan Speaks
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…
Read MoreCement Leaders Document Roadmap to Carbon Neutrality Progress
Portland Cement Association Chairman Ron Henley (GCC America) told a New York Climate Week gathering that U.S. producers have exceeded expectations outlined nearly one year ago with release of the PCA Roadmap to Carbon Neutrality.
Read MorePCA’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 MoreThat’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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