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Tag: PCA
Business
Forecast: Which Construction Markets Will Grow, Decline in 2021?
Contractors serving the housing market are in the best position to weather 2021, according Ed Sullivan, Portland Cement Association senior vice president and chief economist. While unemployment is up, Sullivan says that many of the demographic sectors that are buying homes are less affected. “Housing starts are expected to reach 1.3 million this year and […]
October 16, 2020
Dealers
PCA, ARA forecasts underline steady-as-she-goes 2020 for construction—with some cautions
The two pillars of the economy — consumer spending and labor markets — remain solid, portending at least a modest growth in 2020, says Ed Sullivan, senior vice president and chief economist, PCA. “As long as you have strength in those, the economy will remain strong and you will see continued moderate economic growth. The […]
February 20, 2020
Business
Slower growth but no recession near, predicts latest cement industry forecast
According to the Portland Cement Association, cement consumption in the U.S. is expected to grow through 2021 at a slow pace. More details on Equipment World.
October 29, 2019
Business
PCA construction industry forecast: Main Street rock solid despite issues elsewhere
PCA executive vice president and chief economist says construction industry is doing well despite uncertainty amidst government shutdown. Details here.
January 24, 2019
Business
PCA economist: Construction economy is good, but Trump’s infrastructure proposals will take time to show benefit
It’s no mirage. “No matter how you look at it, the near-term economy is in good shape,” says Ed Sullivan, senior vice president and chief economist at the Portland Cement Association. Even better, there’s at least a couple more years of strong economic growth ahead, he says. After 2020 the picture is still good, but […]
January 30, 2018
Business
PCA announces Leadership Award winners
The Portland Cement Association (PCA) announced the 2017 John P. Gleason, Jr., Leadership Awards winners. The awards, which are named for Gleason who served as PCA President from 1986 until his retirement in 2007, honor individuals who exhibit leadership in association activities supporting member company objectives and operations. “Jay embodied the spirit of leadership. He […]
September 6, 2017
Roadbuilding
Transportation Construction Coalition Fly-In is May 10-11; registration filling fast
This year’s Transportation Construction Coalition (TCC) Fly-In, being held May 10-11 at the Hyatt Regency Washington at 400 New Jersey Ave. NW in Washington, D.C., is filling up fast, according to a National Stone, Sand & Gravel Association (NSSGA) press release. Everyone is encouraged to join with colleagues to advocate for the industry at the fly-in. Although a five-year highway […]
April 14, 2016
Business
PCA, Wells Fargo 2016 construction forecasts: positives outweigh negatives
Two construction activity forecasts issued today cite positive short term outlooks, while indicating concerns for long-term sustained growth. PCA will likely adjust its fall forecast to “at most” a 5 percent growth in cement consumption in 2016, a revision that will take into account the recently-passed FAST highway funding bill and the continuing downward spiral […]
February 2, 2016
Business
PCA’s Sullivan: Cement consumption on straight growth trajectory through 2017; optimism palpable at World of Concrete
Cement consumption grew by 8 percent in 2014 and is on track to grow another 8 percent in both 2016 and 2017, according to Ed Sullivan, chief economist, PCA, noting that the 100  metric million tons  realized in December was the highest month total since January 2008. Sullivan made his remarks during the opening day […]
February 4, 2015
Roadbuilding
PCA forecast: Cement consumption to see growth through 2016
According to the latest forecast from the Portland Cement Association (PCA), cement consumption in the U.S. will see steady gains over the next three years.
September 29, 2014
Business
PCA forecasts steady growth for cement consumption through 2016 as construction activity increases
According to the latest forecast from the Portland Cement Association (PCA), cement consumption in the U.S. will see steady gains over the next three years. As far back as the World of Concrete show in January and again in the Spring, PCA chief economist Ed Sullivan has forecasted 8-percent growth in cement consumption and that […]
September 25, 2014
Roadbuilding
PCA: Cement consumption likely to grow steadily over next 5 years
Despite data that suggests the economic recovery in the U.S. is slowing down, Portland Cement Association (PCA) chief economist Ed Sullivan says he still believes construction and cement consumption will steadily grow over the next five years. The economic causes of concern include the fact that real gross domestic product (GDP) fell during the fourth […]
May 29, 2014
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