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PCA News

March 03, 2021

PCA Updates Forecast Risks to Upside

March 3, 2021 – Skokie, Il. – The Market Intelligence Group at the Portland Cement Association (PCA) recently released a webinar explaining adjustments to its winter forecast.

PCA’s Senior Vice President and Chief Economist Ed Sullivan revised assessments regarding the path of COVID-19, vaccine supply, Federal COVID-19 relief and inflationary threats.

PCA Market Intelligence expects cement consumption will grow by nearly 1% percent in 2021, fueled largely by residential construction. Nonresidential construction is expected to perform weakly and soft economic activity will add to state government’s fiscal duress. The new federal COVID-19 relief targeting state government should limit public cement’s drag on 2021 cement consumption growth.

To view the full webinar click here.

To schedule an interview with Ed Sullivan contact Mike Zande mzande@cement.org

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The Portland Cement Association (PCA), founded in 1916, is the premier policy, research, education, and market intelligence organization serving America’s cement manufacturers. PCA members represent over 90% of U.S. cement production capacity and have facilities in all 50 states. The association promotes safety, sustainability, and innovation in all aspects of construction, fosters continuous improvement in cement manufacturing and distribution, and generally promotes economic growth and sound infrastructure investment. For more information, visit www.cement.org.

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For media inquires please contact Mike Zande mzande@cement.org