Ed Sullivan Speaks

June 8, 2021 – Today at World of Concrete, Portland Cement Association Chief Economist Ed Sullivan gave the industry three scenarios for cement consumption based on 1) the chances of no infrastructure bill; 2) the American jobs plan at face value; and 3) the American Jobs Plan with a compromise. He then presented a weighted average. The weighted average is 2021:…

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House Passes Highway Bill

The U.S. House of Representatives has voted 363-64 to pass a six-year, nearly $325 billion highway and transit bill after a contentious vetting of proposed amendments and an intense debate about federal gas taxes. The measure must now be reconciled with the Senate version of the bill.

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PCA’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…

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Congressional Action Needed for Proper Water Safeguards

By Mark S. Kuhar Rep. Steve Southerland (R-Fla.) has introduced “Waters of the United States Regulatory Overreach Protection Act” (H.R. 5078). This bipartisan legislation establishes safeguards that preserve important federal-state partnerships in protecting our nation’s waterways.

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Congressional Action Needed for Proper Water Safeguards

Rep. Steve Southerland (R-Fla.) has introduced Waters of the United States Regulatory Overreach Protection Act (H.R. 5078). This bipartisan legislation establishes safeguards that preserve important federal-state partnerships in protecting our nation’s waterways.

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PCA 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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Steady Growth Ahead

May 27, 2014 – Although recent economic indicators point to a tempering of the U.S. economy, The Portland Cement Association (PCA) is maintaining its forecast for steady growth in construction and cement consumption during the next five years. A recent PCA forecast indicates a 7.9 percent increase in cement consumption for 2014, almost double from the 4.5 increase in 2013.

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