US expects 3.4% cement consumption hike

The Portland Cement Association predicted that cement consumption in the US will grow by 3.4% in 2016 and then by 4.3% in 2017. The new figure was lower than the previous forecast of a 5% increase, taking into account the effect of plunging oil prices; strict monetary policy; weak global economy, and the country's new Fixing America's Surface Transportation Highway Bill.
April 4, 2016 Read time: 1 min

The 4353 Portland Cement Association predicted that cement consumption in the US will grow by 3.4% in 2016 and then by 4.3% in 2017.

The new figure was lower than the previous forecast of a 5% increase, taking into account the effect of plunging oil prices; strict monetary policy; weak global economy, and the country's new Fixing America's Surface Transportation Highway Bill.

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February 5, 2015

US cement consumption is rise 8% in 2015, forecasts PCA

Cement consumption in the US is forecast to rise 8% year-on-year to 93 million tonnes in 2015 as growing job markets, greater consumer confidence, and higher construction spending take effect, says the Portland Cement Association (PCA).

The PCA believes low oil prices will provide an added financial stimulus to consumers and contractors, but warns that immediate cutbacks in the oil field are expected to offset any long-term gains in construction activity.

The Association expects housing starts to rise

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