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Tag: PCA
PCA: 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 MorePCA: Federal Emergency Funds Not Nearly Enough
The Department of Transportation (DOT) recently announced a $232 million relief fund to repair roads and bridges damaged by winter storms. While this is a positive step, long-term federal funding to mend our nation’s crumbling national infrastructure is still desperately needed, said the Portland Cement Association (PCA).
Read MoreFirst Look – March 2015
TOP NEWS Vulcan Materials Grows Vulcan Materials Co. announced results for the fourth quarter ending Dec. 31, 2014, and full-year 2014. Total fourth-quarter revenues increased $75 million, or 11 percent, to $755 million, while gross profit increased $52 million, or 45 percent, to $170 million. Martin Marietta Leaps Forward Martin Marietta Materials Inc. reported its results for the fourth quarter…
Read MoreAssociations Spar on Asphalt Prices
Despite falling oil prices, the cost of paving with asphalt continues to rise across the U.S., according to a recent analysis from the Portland Cement Association (PCA). PCA stated that asphalt prices have reached record highs during the last six months.
Read MoreFirst Look – February 2015
TOP NEWS Deficient Roads, Bridges Cost New Jersey Roads and bridges that are deficient, congested or lacking desirable safety features cost New Jersey motorists a total of $11.8 billion statewide annually. Construction Starts Rose 7 Percent in 2014 For 2014 as a whole, total construction starts climbed 7 percent to $575.3 billion, according to Dodge Data & Analytics. This continues…
Read MorePCA’s Sullivan Addresses Oil Impact on Construction
The falling cost of oil will not just impact consumers at the pump, but will lead to an impact on construction in the United States, according to Portland Cement Association Chief Economist and Group Vice President Edward J. Sullivan. Along with low oil prices that are beneficial to U.S. economic growth and an expected 20 to 30 basis points added to real…
Read MoreObama’s Blockbuster Infrastructure Proposal: $478 Billion
President Barack Obama’s just-released $4 trillion budget includes a proposal for a six-year, $478-billion plan to invest in the nation’s infrastructure. The proposal also answers the main objection of critics who demand to know how it will be paid for: by closing a tax loophole that allows U.S. firms to avoid paying taxes on overseas profits, according to the White…
Read MorePCA Economist Forecasts Optimism, Positive Gains in Housing
Residential housing starts will be on the increase in 2015 according to the Portland Cement Association (PCA).
Read MorePCA Analysis Corrects Corker-Murphy Proposal Projections
Sens. Bob Corker (R-Tenn.) and Chris Murphy (D-Conn.) announced a plan calling for an increase in federal gasoline and diesel taxes to shore up the Highway Trust Fund (HTF) and prevent a potential nation-wide road construction work stoppage. According to initial reports, the taxes will generate $164 billion increase in HTF revenues.
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