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PCA News

March 28, 2016

PCA Releases 2016 US Cement Consumption Forecast

SKOKIE, Ill. – Cement consumption in the United States will continue to rise by 3.4 percent, according to a report from the Portland Cement Association (PCA).

The forecast in cement consumption forecast, albeit at a slower rate, is down slightly to 3.4 percent growth compared to its fall forecast of 5 percent. PCA expects 2017 cement consumption will grow at a rate of 4.3 percent.

“The new forecast reflects the implementation of the new multi-year highway bill, Fixing America’s Surface Transportation (FAST) Act,” said Edward Sullivan, PCA chief economist and group vice-president. “However, our forecast still reflects a deterioration in global growth conditions, an even weaker projection for oil prices, and a tightening of U.S. monetary policy.”

Each year PCA’s industry-renowned Market Intelligence Group provides data and insight on fundamental economic issues, including cement forecasts throughout the year.

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About PCA

PCA has been a widely-recognized authority on the technology, economics, and applications of cement and concrete for 100 years. Representing America's cement manufacturers, PCA is a vocal advocate for sustainability, economic growth, sound infrastructure investment, and overall innovation and excellence in construction. More information on PCA is available at www.cement.org.

For media inquires please contact Holly Arthur at harthur@cement.org or 202-719-1979.

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